happy new year and i am new to machine learning + python.. so recently i am doing a project on my own to use machine learning models on technical indicators..
I have my technical indicators data ready.. and the next step is to label the technical indicators features as +1 or -1. Just wondering for technical indicators such as RSI where >70 means overbought and <30 means oversold, how do i label my technical indicators ?
Technically, change the RSI value > 70 to -1 and < 30 to 1. How about values between 30 to 70 , what is the approriate way to label them or is the labeling even needed ?
My data is a time series data and it is a data frame where the row is the date and the columns are the technical indicators.
Thank you everyone for your help.