Volatility Predictor on gold futures by the Gandalf Project

Volatility Predictor is an AI-based model designed to provide volatility predictions for the coming day. For the purpose of this chapter, we are going to use a Python-based model developed by the Gandalf Project (https://gandalfproject.com). This model exploits the powerful Extreme Gradient Boosting (XGBoost) Python library to predict the coming day’s volatility; as you will see, any Python model can be programmed to be bridged to EasyLanguage functions.

Volatility Predictor’s purpose is to provide a volatility prediction class for the next day ranging from 0 to 4, according to Table 10.1:

Volatility Predictor class	Description
0	Expected volatility between the 0th and 20th percentile
1	Expected volatility between the 20th...