Hi everyone,

I’m considering developing a Forex trading strategy that uses Google Cloud Natural Language AI to analyze news and generate trading signals. My plan is to integrate it with something like NewsAPI to get real-time financial news and perform sentiment analysis on it, hoping to capture the market sentiment and act accordingly (e.g., going long/short based on positive/negative news).

Before I dive into it, I wanted to ask if anyone has tried something similar?

I’m also concerned about the costs, as both NewsAPI and Google Cloud can get quite expensive if used extensively. So, I’d appreciate hearing from anyone who has already gone down this path. Was the ROI worth the subscription fees?

Looking forward to your insights and experiences. Thanks in advance!