You explain how to setup the code but you don’t explain how it executes the trades.

I liked the video but you can see 17 M was very much due to Bitcoin price increases starting when Bitcoin was in its early trading life. I saw prices of 140-170 on the chart. But the point is well taken that Chat GPT /Trading view can be very helpful.

My answer was a little different. ChatGPT, please give me a youtube intro for a video that teaches non-programmers to use chatgpt to develop trading strategies. ChatGPT said: ChatGPT Sure! Here’s an engaging KZbin intro script for a video teaching non-programmers how to use ChatGPT to develop trading strategies: "[Upbeat music fades in] [On-screen: A sleek intro animation of ChatGPT logo with finance-related icons like graphs and stock charts flashing in the background.] Narrator (you): "Welcome to the channel! 📈 Are you interested in developing trading strategies but feel overwhelmed by coding and technical jargon? Well, today is your lucky day! 🎉" [Cut to you smiling at the camera] Narrator (you): "In this video, we’re going to show you how you can leverage ChatGPT - yes, that's right, this very tool you're looking at - to help you create effective trading strategies, even if you're not a programmer! 💡" [Cut to ChatGPT interface with a stock chart example on the screen.] Narrator (you): "No need for complicated code or programming skills. I'll guide you step-by-step on how to ask ChatGPT the right questions, use the right prompts, and turn it into your personal assistant for trading ideas and insights. 🚀" [Cut to text on screen: "No programming skills required!" with a thumbs-up emoji.] Narrator (you): "Whether you're a beginner or an experienced investor looking for new strategies, by the end of this video, you’ll have a powerful tool to help optimize your trading decisions. Ready to get started? Let’s dive in! ⏳" [Cut to: On-screen demonstration of ChatGPT interface] Narrator (you): "Grab your coffee, and let's unlock the power of AI to boost your trading game! 💼" [Upbeat music fades out as the video transitions into the tutorial.]"

This video is completely amazing if you have a time machine There I just saved you 25 minutes from watching this video This is misinformation

This presentation forgets to state that a paid tradingview account is necessary before beginning.

I am a cynic. This doesn't seem realistic to me at all.

it depends with time period you choose and if you use a stock that we NOW know skyrocketed, yeah you will see a great profit if you only go long...

ChatGPT answered: Key Recommendations: Implement Robust Validation: Use walk-forward testing, Monte Carlo simulations, and other methods to assess the robustness of strategies. Focus on Risk Management: Incorporate strict controls for position sizing, drawdowns, and leverage usage. Understand the Tools: Gain a deep understanding of the indicators and methodologies used in the strategy before applying them. Realistic Expectations: Highlight the limitations and risks associated with algorithmic trading in future educational content. Diversification: Avoid concentrating on a single strategy or asset, especially in volatile markets like cryptocurrency. The video's approach and claims should be taken with a grain of skepticism. While AI tools like ChatGPT can assist in idea generation, they are not substitutes for comprehensive knowledge, risk management, and practical trading experience.

Now compare this to a buy and hold strategy

Achieving success in trading requires significant effort, as it involves training your mind to counteract natural instincts. It means purchasing when everyone is panicking, selling when there’s excitement. I've been attempting for some time to increase the size of my 7 figure portfolio, but the largest obstacle is the absence of clear entry and exit plans. Any guidance in this regard would be much valued.

I just added the Bollinger band strategy for the MES futures daily chart. I did the back testing by eye. There is a nice amount of money to be made even if you take the trades manually.

Market needs buyer and sellers. HFT, ALGOS Retail scaplers and the institutions. Everything is changing fast. 2025 will be a huge volatility year.

“Past performance is not a guarantee of future results” Backtesting is past performance and completely meaningless.

Guys, these numbers are pretty fake... You can't judge metrics of any strategy based on only 29 trades... All this is just pure luck and it might never happen again... The good thing is only the way he is showing how to achieve things, all the rest is just B. S.

This is good comedy………

awesome dude thank you! i been using AI etc to learn all this, but seeing someone do it on video and share their experience is super helpful too

I have been trying to figure out how to get an AI to write a functional system for awhile now. However I came to realize that the only way to do that is to know how to ask the AI the right questions. The AI can absolutely write the program for you, and it will absolutely work and do exactly what the expectation is....... HOWEVER........and this is the most important thing to understand. IF YOU or someone you are working with directly do not understand the systems which you are trying to tell the AI to manipulate...... you will never be successful from a turn key one stop shop approach 😂.... hypothetically you will do exactly what he just described and if it does work exactly as he has shown.....as of right now this video is 1year old, the only way this video is going to be effective as its presented is if the strategy that was used is still in use, is a good strategy to use and is still at the minimum just as effective. Now if you go into this without market analysis expertise and without coding expertise you are going to get caught with your pants down because you cant have the AI code in expertise for predictive adaptability which you are lacking and is necessary to keep your strategy effective. Without the necessary expertise .....even if the Ai could code into an algorithm all of the capabilities which you lack..... you won't be able to direct the AI to do so because you don't have the knowledge of the systems which you would need to design such a thing let alone explain it to the AI lmao 😂. So unless you find someone who knows the right language and market expertise to design a proper system, which can self matinence, update, and adapt as necessary to maintain the automated trade system to maintain acceptable ROI. Well then you will just find yourself taking shots in the dark...... can it be done? Absolutely, however your best approach is to find and pay a professional programmer to write the programs you will need for you,but at the same time have a market analyst or someone professionally or by training and expert in the market communicate with you and your programmer what the program needs to be able to do lol. Like realistically even if you learn and master one of the skill sets necessary you will still be in need of the other skill sets to be successful.

And if you take into account the percentage fees that are charged for each trade then you will have a negative 100 percent gain… and if your viewers thing any gain is a good gain then….welll they are right where they should be LOL

I do nothing but have problems with pine editor. Always some errors and can never copy paste any script ever

All clicking pine script editor does for me is start a new script. Doesn’t load the strategy

nice video, but I got slightly diff result... using your script, with no changes, on 1-day bars, I get the results of $135,970, which is not shabby, but way under the buy-and-hold return, and the deep backtest for 1 yr ending on the day you published the video resulted in -$360 with 0% profitable trades.

Can chathpt generate code that can be used on Think or swim platform ?

Hi, couple of errors in the code. The quantity is 120 which which should be ideally 1. 2nd is he should enter the trades only on the bar close which has not been mentioned at all. If it is not entering on the close of the bar, it would lead to repainting which can lead to falsified results. Let the qty /contract remain as 1 and show end results.

Hi, thank you so much. It's really helpful. But I was stuck in checking the account balance. When I type client.get_account(), it said Invalid API-key, IP, or permissions for action. I'm sure the ip is on the whitelist. Is there any advice on what happened.

The takeaway here is that with AI you can actually make money without the hassle of learning how to code. What he did here is fit the strategy to the data so clearly if the data changes the results might be very different.

on how much time are backtesting... cauz if the first entry is like back in 2012.. there is perhaps an easier way to turn 1000 into 10M :)

Did Dr. EVIL make the thumbnail? 17 MILLLION % 😅😅

When I checked the start date, it's all the way from 2010. I tried to generate the signal from 2018 during the recession which the bitcoin price was down. So the profit was way out high since the start date is 2010 when bitcoin price jumped so high. So I'll appreciate together with all your followers if you can redo that $1k to $10M challenge using the start date 01/01/2018.

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for...

The ChatGPT is not useful because it produces error prone code no code it every produced just worked had to go through the code and correct the errors.

🏃🏃🏃🏃🏃🏃🏃🏃❤️❤️❤️❤️❤️❤️I trade successfully simply trading manually. AI can never be better than already successful traders. AI might be better trader for loosing traders in anyway. AI trading have been designed to help ordinary traders. Trading can be planned using AI for masses. This will force massive change in algorithmic of trading Ultimately successful traders will still beat any sort of automated traders, they can’t be replaced by any advanced technology.

All strategies are working in a bull market. But not one of those strategies will work in a bearish market.

Great video and nice English.

😂50% Drawdown !! 😂😂😂Which trader will seriously use this !!!! Its Useless...... Nice is the way you can use the AI but thats it....

For everyone watching video, Remember if someone builts such tool that would make that much profit, remember they are never gonna give it to anyone. They will be using it for themselves.

Doesn’t sound too sure of himself. Always asking “right?”

15 millón max drawdown? You can't be serious.

Only 2 videos? This was so good!

视频非常好！ 我的OKX钱包里有USDT，并且我有恢复短语. <pride>-<pole>-<obtain>-<together>-<second>-<when>-<future>-<mask>-<review>-<nature>-<potato>-<bulb> 我该如何将它们转移到Binance？

drawdown is to high though .

Hi there You seem to be a professional as compared to me who is a beginner.Please explain to how and on what basis you are giving code and changing code.Please make me understand.Thanks

Now, can we do this with XRP?

Misleading video . thesting is NOT real life , you seem that you do not pay attention to your Strategy Drawdown : that is too high , 48% approx , acceptable is under 20%

two key take aways 1 chatgpt and AI toos are here to stay 2 You can back test any strategy by yourself

Is it possible to get Ai strategy on trading view

info = client.get_account() print(info) gives me the following error: inanceAPIException: APIError(code=-2015): Invalid API-key, IP, or permissions for action.

A.I probably wrote those comments as well 😂

Here to install and learn python, and hoping the step by step guide with Binance API will be transferrable to Robinhood API Key Trading. Would like to trade the strategy code from Trading View. Thanks Leo!

You shorten the rsi it's normal 70/30 yours is 49/28 😂😂😂

guys read the description before watching it says the strategy doesn't work don't make my mistake