Generate Insane Trading Returns with ChatGPT and TradingView

[@peterm.souzajr.2112]

i created one with pinescript in trading views native language, about 4 years ago, it was averaging .7% profit per day. amazing to see new ideas coming out

[@Elimenator89]

i have a phyton script running 24/7 but yeah 0.7% a day same here

[@kebzo2407]

@@Elimenator89are you using one trading pair only?

[@loadmore]

And i have 2 programmers work for me 8 hours daily to make me stable 15% daily

[@wisemintapp]

0.7% daily is AMAZING

[@shanerakul3392]

Can tell what stardgy is bro

[@VivekLuna]

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...

[@ЕленаФирсова-ц6м]

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...

[@VivekLuna]

@@ЕленаФирсова-ц6м That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well..

[@ЕленаФирсова-ц6м]

@@VivekLuna My advisor is *MARGARET MOLLI ALVEY*

[@ЕленаФирсова-ц6м]

You can look her up online

[@IbrahimIsabella-00]

@@ЕленаФирсова-ц6м The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

[@Joeknowsball247]

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.

[@AaronTilt]

Diversifying your investments can help you manage risk while aiming for solid returns. It might be a good idea to explore sectors that tend to do well during inflation, like utilities or real estate. Also, seeking the help of a financial advisor could be really beneficial. They can provide you with tailored guidance and help you develop a strategy that aligns with your goals.

[@camille_ann3]

Even if you’re not skilled, it is still possible to hire one. I was a project manager and my personal portfolio of approximately $850k of my retirement pension took a big hit in April due to the crash. I quickly got in touch with a financial-planner that devised a defensive strategy to protect my funds and make profit from my portfolio this red season. I’ve made over $250k since then.

[@mikefallert1306]

Mind if I ask you to recommend this particular coach you using their service?

[@camille_ann3]

My CFA 'Laurel Ann Watkins' , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@mikefallert1306]

Thanks for the suggestion! I really needed it. I looked her up on Google and explored her website; she has an impressive background in investments. I've sent her an email, and I hope to hear back from her soon!

[@yazeedaloyoun]

Not to spoil anyone's fun here, but for anyone watching this and thinking whether the results are real or NOT. The old saying goes that if it's too good to be true, then it's probably NOT. Unfortunately, the comment from Analyzing Alpha is either intentionally or unintentionally misleading for viewers. When he says he went from $1000 to $17 Million, he should correct it to clearly show it ONLY means he took the backtesting simulation from $1000 to $17 Million. Real-life trading is VERY different from backtesting.

[@silversurfer1508]

It wouldn't make him views if he told the truth. I trade a live account and to just let a bit do the work is scary.

[@AtlasPerspective-25]

True facts tho

[@larryperera8724]

agree

[@magdykassem4210]

Misleading gurus

[@THE-POLYMATH]

No this is true , try it , ask chT to write you a pine code to detect a bullish trend or what ever, do it now just to see, takes seconds , I do it all the time , so does everyone , do you really think humans write codes haha ... they don't

[@austinreid6908]

I am going to try and implement this here with a real account and I will keep everyone posted, wish me luck!

[@Clips69]

how did u go?

[@austinreid6908]

Honestly I haven't tried it however I am revisiting the idea and I am willing to take the risk now, will keep you posted @@Clips69

[@CobrosInteres]

Any luck?

[@Bube-dh6hl]

@@CobrosInteres 😅 Now he lost everything no phone no internet

[@mattmoonen9882]

Apparently it went so well you can't even afford youtube

[@carter3294]

I recently purchased some ETFs. Saving for a market fall is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In 2022, my portfolio returned $608,500.

[@floxydorathy6611]

It's not difficult, but you have to learn and manage. Another thing is that if you can't manage your home, maybe you shouldn't invest on your own. If so, you should hire a CFP to help you diversify your assets to include ETFs/index funds/mutual funds and stocks of companies with consistent cash flows, rather than betting on penny stocks.

[@viewfromthehighchairr]

@@floxydorathy6611 The market's uncertainty is one of the reasons I have my daily investment decisions guided by an investment advisor, as their skill set is built around going long and also shorting the market to maximize returns, both employing profit-oriented strategy and laying off risk as a hedge against inevitable downtrends, and when combined with exclusive analysis, it's nearly impossible not to outperform. Since the 2020 pandemic, I've made more than $1.5 million after subsequent investments thus far.

[@viewfromthehighchairr]

@Tyler Jackson Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "CASEY ALLEN GRAY" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.

[@gg80108]

You are wrong it takes discipline but buy the dips take profits off the table, rinse and repeat!

[@Trykastclan]

2022 was a very unrealistic year for the markets due to the injection of vasts amounts of money

[@thesunchaser582]

Absolutely Genius 👏👏👏👏👏 "Talent hits a target no one else can hit. Genius hits a target no one else can see." - Arthur Schopenhauer -

[@stevensmiddlemass2072]

I am aware that continuing to invest during periods of volatility can be a smart way to build wealth. I’ve heard testimonies of people accruing over $250k this red period. What measures can I take to ensure this?

[@bj-kp5dj]

backtest your strategy on tradingview

[@RT-tq4zr]

Trading is one thing, investing is another completely different. Investing in times of volatility is not smart. Trade in times of volatility it is a good thing to do.

[@ryanrhart]

​@@RT-tq4zrok we get your point. No need to spam the thread. By the way this comment completely contradicts yourself. "Never trade during volatility, then you go on to say, "trading during volatility is good". Bottom line trading in CRYPTO period is riskier than gambling . However the fact that you can back test your strategy and use AI to help, to improve your odds at being profitable was the whole point of this video.

[@foozee6385]

Can you post the final version of the code?

[@AnalyzingAlpha]

I will post tomorrow!

[@cookingwithlui]

@@AnalyzingAlpha waiting ::))

[@lostinpubg4250]

@@AnalyzingAlpha waiting

[@oussamazaim3613]

@@AnalyzingAlpha Waiting x3

[@noname-uo6ur]

@@AnalyzingAlpha waiting x4

[@Americanpatriot723]

I came here to get an idea of how to trade utilizing A.I trading bot after hearing a guy on a podcast talk about the importance of A.I trading bot and how he made $660,000 in 6 months from $50,000. This video has helped to clarify a few things for me, but I'm still puzzled, I'm a rookie, and I'm open to suggestions.

[@MIchaelGuzman737]

Investing in stocks is a good idea, a good trading system would allow you to spend many successful days.

[@sommersalt88]

I was on both ends of the spectrum, invested on my own for about 3 years, did my own fundamental and technical analysis before trading. Things got pretty tough after the pandemic and I got in touch with an investment advisor who uses artificial intelligence to predict and trade and also incorporates copy trading so that her clients' portfolios can easily reflect her trades. It's been over 2 years and I've increased a stagnant reserve from $80,000 to just over $700k.

[@greekbarrios]

@@sommersalt88 Interesting. I have a lump sum that does absolutely nothing to my bank account, I want to start something with that. You seem to be doing very well, how can i reach out to this investment-adviser if you don't mind putting me to the right direction?

[@sommersalt88]

When "JILL MARIE CARROLL" is trading, there's no nonsense and no excuses. She wins the trade and you win. Take the loss, I promise she'll take one with you. Having her guide me through a trade was the breakthrough I needed when it came to managing emotions while holding a position. She's a Google-able person, so it shouldn't be hard to find her official website since she is prominent.

[@greekbarrios]

@@sommersalt88 She really seem to know her stuff, i saw her educational background and qualifications on her website after looking her up, I wrote her a message detailing my experience & goals, hopefully she responds soon. Thanks for sharing.

[@ThisWorldIs5150]

Thank you. Thats all I can say. You've not only enlightened me on how to use workarounds for trading but for all types of things with chatgpt

[@ypahub01]

Did you try this? Did it work for you.

[@havishma]

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.

[@dmnk_ab]

Thought the same. He simulates using 120% of the available capital. Would work when you are a bank.

[@chrisshore5340]

GPT does not know about V5 since it came out after it's cutoff date. I've found it better to ask it to write in V4 (which it knows) then convert that in pinescript to V5.

[@NotBedWays]

ChatGPT 4 rn: look what this ppl have to do for a fraction of my power

[@jamesalford7429]

i found this out the hard way. i got v5 in the end tho.

[@stephaniestella213]

Successful investing/trading is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[@alexyoung3126]

Government policy has thrown the future under the bus for decades. The day of judgment is near. I predict an 80% drop in the stock market. Investors will abandon stocks in favor of real estate. There will be no money in banks... You must devise a strategy for survival.

[@joesphcu8975]

I agree. I have pulled in more than $435k since 2020 through my advisor. It pays off more in the long run to just pick quality stocks and ride with those stocks.

[@lawerencemiller9720]

Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems.

[@joesphcu8975]

Big Credits to “Helene Claire Johnson” she has a web presence, so you can simply search for, there are some others but it might be difficult to get them, but Julia has been a good guide through the year.

[@lawerencemiller9720]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@Scorpio77902]

This is pretty Amazing! Do you have a video that shows us how to do what you did, with the (final) format that took it to 17m, but at a Much SLOWER pace, as I'm new to this Code?

[@AnalyzingAlpha]

I updated the description and shared the code. The best way is to read, try to understand the code (or ask ChatGPT to explain it) and then unpause etc.It's a great way to learn how to start backtesting your own strategies.

[@alastairs3727]

@@AnalyzingAlpha does the max drawdown mean the largest losing trade was usd 15m loss ?

[@xadarr2309]

Well if you look at the millions of profit, you can also see the "max drawdown" which is the biggest loss attained. And it's pretty scary ;)

[@grantgre]

OK I just spent 20 minutes on your video and I'll become a millionaire really realistic thank you so much

[@gw6253]

It would be great if you can select the "Buy & hold equity" at 21:09. Even better if you can compare your maximum drawdown with the maximum drawdown of the "Buy and hold" strategy. After all, what is the point of creating a strategy with different indicators if it can't even beat "Buy and hold"?

[@AnalyzingAlpha]

Point isn’t to create a strategy here. It was an exercise in overfitting. I explain this near the end. Goal is to get non-traders start testing and validating strategies so they can determine what’s true and what’s not.

[@benjaminsmith5433]

If you had bought bitcoin at $2, which was the price first charted on TV, using the $100 margin this script is trading on, and you held it until it reached its high of 69k, you would have netted about 3.45mil. This is still a very cool video. Thanks AA

[@Natthavudh1990]

I just play around with ChatGPT and TradingView, and most of them can beat Buy and Hold. You just have to set the parameter correctly. BTW, BTC/USD Bitstamp on the tradingview D chart: the first candle started at $11, not a few cents. If you spend $1000 to buy bitcoin at $11, you will get 90 bitcoin. That's like $2.4m if you hold until today. But in the video show, turn $1000 into $17 million.

[@arathaemaxus5250]

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

[@Gladsonpazhoor]

where & how do I get this strategy ? 🤔

[@chandlerethan9567]

My adviser is *PATRICIA DRITA JOSEFINA* . She Understands the job perfectly.""

[@chandlerethan9567]

Search for her on google and drop her a message

[@mohammeddumadi8323]

@@chandlerethan9567 👍

[@afterthegoldrush7369]

Video of the year mate! You just got me out of the mud

[@AnalyzingAlpha]

Glad you enjoyed it

[@andycarr231]

My concern is that you’re using parameters for the data that you see so we should expect the results to be good. You should try the same strategy in out of sample data and ensure that it still gives good results, before trading it live.

[@andycarr231]

Great video though! Sure gave me some ideas

[@AnalyzingAlpha]

Yes. It’s clearly overfit. I wouldn’t trade this strategy. The point is exactly that. To get ideas and to open up backtesting for non-programmers. Good luck with the trading and thanks for the kind words.

[@louisville51]

You might want to mention what overfit means. Since your target audience is beginners, they would most likely think this strat is a bulletproof stratergy

[@lxramirez9788]

You actually can, all you have to do is load your strategy in Tradingview, select your strategy in the intended instrument, in my case forex, generate an alarm if you want otherwise let it run for whatever period you want, mine two days is good, then you check the performance for that period. End of suffering.

[@360WorldChangers]

@@AnalyzingAlphaDo you have any strats that work in the real world?

[@practicalknowledgeyt]

@analyzing alpha: great video. Have you tried this in a live market?

[@practicalknowledgeyt]

?

[@halatahouf4030]

amazing video, however there was 15 Million drawdown, How does that impact the trading strategy? Also how do we apply this strategy to live trading? wish there were more videos explaining this.

[@MultiChrisjb]

You just need a spare 15 million. lol.

[@larryperera8724]

Good luck lol

[@arathaemaxus5250]

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

[@youchap]

Classic example of curve fitting. To all those that are thinking this will work, Good luck with your dreams of becoming a multi billionaire !

[@andrew8394]

Blew my mind. Hope it's not permanent. Self - Discipline exemplified. The power of Knowledge. Thanks for sharing.

[@susancorgi]

nice video but a hint: time frame selection is vital to how a strategy is performed

[@AnalyzingAlpha]

Yes, watch until the end.

[@macks3658]

@@cryptocarebear4679 it assumes you bought in at $1000 taking every profit from there lol

[@elmamo2000]

In my view, the video's primary message emphasizes the limitless capabilities of ChatGPT.

[@JC-JC20]

@@AnalyzingAlpha where does it talk about time frame? i cant seem to find it

[@Pittttttttttttttttt]

@@JC-JC20 neither do i

[@alexanderpike1641]

How can you determine if a strategy’s backtest is caused by overfitting or if it’s actually a solid strategy?

[@jigneshsoni9263]

this is a very good question. I will let the OP answer it as well. But the best way to do this is to test this strategy for different periods and see if it gives you similar results. I am sure it won't but it might open a whole new world of ideas for you to help you build your own strategy that will be very lucrative.

[@alvaromedina997]

You can actually see where the trades where made to see if the share something similar, history doesnt repeat but it often rhymes, so this can give you an edge as btc hysotry tends to repeat in similar ways but people are afraid to tell you

[@AnalyzingAlpha]

This is an excellent question and there’s a lot of nuance. If you have tons of data, you want make sure that you don’t backtest your strategy on the data you used to create the system. You also should paper trade it for multiple reasons before trading live. And use common sense. Again, lots more to it but this captures the essence.

[@PKVS-qv8rf]

Why d'ya edit initial capital, margin long etc. in code when you can do it from the settings cog? Maybe I'm missing sth!

[@Alessandro-ug5xq]

I need to say something: as a Mt4 EA optimiser, I can say that the strategy my be over optimised. That means that there's no guarantee that it would be as good in forward testing. But interesting video.

[@freenrg888]

I would say not so much overoptimized, but it gives good results because it trades from BTC's origin (2012) until today. Buy and hold from 2012 also gives great results, but huge drawdowns. This strategy improves over buy and hold, but you would need to go back in time to trade this profitably. If you trade this starting today this is not profitable.

[@Cjsgamingchannel7]

Fantastic incredible superb phenomenal epic great thanks alpha and teams 😅🎉💥✌️🤩 god bless praises

[@wolfhound5108]

This seems like the worst period. Even the market are now very unpredictable. Started invêsting recently when the market prices were a bit high,today I am more than 60% down!...

[@Robertgriffinne]

Even with the right technique this days some investors will still make more than others. With the guidance of Trev tait mozingo I learnt nothing beats experience in the market..

[@rannyorton]

Lol. I'm one of them. Not a professional though,started last year in all honesty wish I had known about him earlier.

[@ivankagel9949]

It's the market, if you can't be on it on the bad days,you shouldn't be in it at all.

[@smithlenn]

I have seen frenvesting's video about him

[@musikmakerfan]

Hold for 20 years. Don't sell at a loss when the markets always move up

[@Vpa2704]

showing Syntax error at input 'end of line without line continuation' in line 2 and if........ line, i checked it in chat gpt but it also not correct it? pls show me a right script. or give me some good videos

[@AnalyzingAlpha]

Check the spacing. Try copy and pasting again.

[@fredericpayan6708]

Love your video, it's super instructive and entertaining. Thank you! I run into the issue of Chat GPT not being able to access V5 and hit the wall for writing a script. Your video has given me invaluable tips to achieve it. Thank you so much!

[@GL-GildedLining]

Thankfully, there is a way to tell TradingView to use legacy V4 pinescript, allowing a mix of V4 and V5 code. I'll leave that for you to research, though.

[@AnalyzingAlpha]

This will change once ChatGPt is retrained and out of beta. Right now this is a hurdle, which is one of the reasons you have to start with an existing strategy vs. creating one from scratch.

[@myeverythingworld8123]

Sometime you need to push it and ask for a non fiction view that works for me push it to the dark side

[@heyjude2109]

​@@AnalyzingAlpha makes sense

[@MacMacB2077]

Bro just get gpt to watch this video and recreate the code

[@russtecauto]

Thank you for sharing. I ask chapgpt to modify this for short entries using the same strategy and it worked. Thanks again!!

[@Wuschel144]

The market is very unstable and you can not tell If it's going bearish or bullish. I advise y'all to forget predictions and start making a good profit now because future valuations are all speculations and guesses.When these reports are bullish take some Off to the side lines, when news gets bearish start buying. "Keep it simple simple" that bear/ correction was the best thing that happened me. But all thanks to Eric Birger for his amazing skills for helping me to earn 15.6 Btc through trading chart. I believe we are in the spring phase..

[@andre80575]

My financial advisor, "Eric Birger" is acclaimed for his financial market acumen, particularly his deep understanding of portfolio diversification.

[@camiladaquan977]

Truly to build wealth during a recession, you should focus on where you can save money and invest in foreign currency.

[@Femwest]

Trading as a newbie is quite stressful and discouraging but after linking up with expert Eric Birger my financial situation changed.

[@coolstyle366]

This is the type of crypto mentor I've been hunting for! Ready to be led to the treasure chest of connection?

[@Maddin4740]

I used to be a great fan of gold and silver, but then I discovered Bitcoin and Ethereum a few months ago. Trading with Eric Birger has been extremely beneficial to me along my trip.

[@keithmikoff5547]

Very Cool. I'm just starting to figure out ChatGPT. I'm no programmer. Your vid is entertaiing and informative; I'm hoping to apply this to my trading program... thanks!!!

[@KushmansPicks]

I've tried uploading the script and keep on getting the same error even after ChatGPT makes corrections and I'm at a loss to find the correction: - Syntax error at input 'end of line without line continuation' -

[@aenima1]

keep it on the same line instead of moving it to the next like he does in the video, worked for me

[@spatil622]

@@aenima1 so how was it?

[@famousmidnight]

​@@spatil622I've tried this over and over again. Always get an error

[@AntonioBrandao]

How to use this strategy for actual trading? Is there a way, or is this just a method to test value?

[@MetalMeltdown1995]

Is there a way to create a trading bot to automatically make these trades for you once you make a custom strategy? I’d love to be able to do that and run it when I’m not able to watch it all day and give my script a real world test

[@gg80108]

TradeStation and such did this 40 yrs ago! They all fail real time. You see all those named indicatiors, nothing is new only new people.

[@pl1789]

ok how can use the strategy tester and parameters to use it effectively with my trades help pls

[@oliviermaillet515]

I played with it a bit. I modified your code so that backtesting starts from 01 January 2021. The strategy tester records a loss of $118 from the starting capital of $1000... so not great. The concept is interesting though, I am going to play with it a bit more to see if I can get profitable returns from 2021 only.

[@popmonsterMC]

how did you do that?

[@AnalyzingAlpha]

Excellent. Explore and test for yourself. That’s how you grow.

[@macks3658]

dont forget the fees!

[@7thguest672]

The market is liquid there is no strategy that is always winning.

[@Mr.Rain.Bringer]

please correct me if I'm wrong. I see that to make 17 mill, you have to make 29 trades with the AVG of 602k. Well, how is this possible when you start with 1k. Also the WR is 68.97% while drawdown is 49% and it is = to 15 mill. Is it something I'm missing? How to use this strategy to be profitable?

[@magickmynd1296]

The strategy is basically saying that it is using it's entire margin balance for each trade. So if the first trade used the entire 1000 in the account at 10x margin the first trade would be 10k. If that 10k doubled in value due to a long uptrend, then the balance in your account jumped from 1k to 20k as starting capital for the next trade. Then it uses the 20k at 10x margin for the next trade, which would be 200k margin, and so on to reach the kinds of trades you are seeing in the data. The problem is, that is a VERY risky trading strategy to try and take. Bitcoin is a very expensive asset to attempt to trade and if you are using 100% of your margin capability on every trade then a single loss could liquidate your entire account. The numbers being used in the strategy tester are not realistic to real day to day trading and during a bear market would get you margin called very quickly. To be profitable with this strategy you would have to greatly adjust your margin for each entry to be much lower than what the strategy is using. For example if your starting capital is 1k and you are at 10x margin you would only want to use say $500 margin for your initial entry. This way if you take a loss it doesn't eat up your entire starting capital in a single loss. A good rule of thumb is that you should be able to survive 10 straight losses in a row without losing your starting capital, and even that is a high risk amount. If the win rate truly is 68% then you should never lose more than 2 or 3 times in a row on a single asset before securing a win. My recommendation would be to start with a demo account of the same starting value and margin that the strategy in the video is suggesting, which is 1k at 10x margin, but trade with a lower total amount per entry, say $200 per trade, and see if you still come out profitable in the end. If you can trade for a solid month on the strategy at that level and come out profitable, then it is a profitable strategy, if you can't, then the results being shown are misleading.

[@aamirhussainMD]

I’d be curious to see how this strategy works on other tickers.

[@kevin.licenji]

I can help you with that!

[@dennisanonym8658]

can this also be used for a 5-minute chart?

[@jbiwer32]

Dude, your drawdown is 49%!!! That is basically an account blow up 99% of the time. There are no magic bullets, there is only education, determination, perservereance, learning, growing, analyizing, and getting better next time. It takes YEARS. Chat GPT helps write the code quicker than having a human do it. That's all. If it was easy, we would all be millionaires.

[@gg80108]

drawdown is what keeps you in the game or not! TradeStation was the grandaddy(1991 )

[@aziziborhan7121]

trading view is just only for viewing the movement.. however the real trading you need to use Binance or any trading platform. how are you going to monitor the situation

[@noelrobinson2307]

1. You have to do backtest with the tick chart or lower time frame, which requires a paid account, on a free account backtest is noit accurate. 2. It is not as easy as it seems, i spent 2 days trying to get chatGPT to do the coding, but it kept giving me errors even when i gave it the source code to work with, first it was error A, then error B then after fixing B error C came up, then after fixing error C, it went back to error A. In the end you still need to udnerstand a bit of pinescript to do some fine tuning.

[@dfperrault]

I have the same problem. I ask it to show me the line of code with the error, and then have Chat GPT focus on the one line of code. I also make suggested changes manually to minimize new errors from being generated.

[@mpw280]

A downward trending Keltner center line or inverted value on an MACD will give you the positive vs negative for major changes in market direction

[@DrCHE42]

Very nice video. However, there is one big flaw. You are ONLY using the in sample results. It is easy with almost any trading product to optimize in sample (back testing) results to produce amazing results. But once you go out of sample things may be very different. I would not want the viewers to think that this is easy money. Experienced traders know that, but novices may be confused.

[@squirrelhallowino29]

@Texownian It's kinda. It does work, but what he's never commenting is that this backtest took almost 20 years. Yeah it reached the money, doesn't mean it was fast. And since bitcoin only went up, now we can really see it as a ingrained market, like everything else. The strategy won't work on normal markets, only in these huge uptrending markets like crypto, but you gotta know the crypto that's going to be uptrending. So just predict the future and you're good

[@corail53]

This thing will get blown up if it uses real money.

[@daryazat8049]

i don't get changes shown after save of the script, it will show the same metrics from the original script..

[@mellisabakker8524]

To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Mrs. Julia David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.

[@henrysimon7213]

I'm surprised you know her too. I've been making a lot of profits investing with her for a few months now.

[@michaelparas1499]

Wow, amazing to see others who trade with Mrs. Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.

[@marklingard7705]

Please how can I reach this woman Julia David? I will also like to invest with her

[@mellisabakker8524]

She has her official telegram account, will leave the user name below

[@mellisabakker8524]

*investwithjuliadavid1*

[@samosamoooo]

thx for this!! what time frame are we talking about though - for the 1k to x?

[@financialkingdomofficial]

Thanks i will definitely try this setup. It seems very interesting. How did you come with this idea? If this works you are a genius buddy!

[@justMeFromDe]

Please have a look at the details guys. This strategy tested the hole chart from the beginning. BTC had a price of around 3 USD in 2011. If you bought BTC for 1000 USD in 2011 than you had around 300 BTC and if you hold and sell this 10 years later at around 69k than you would have over 20 millions....please take care and have a deeper look inside those bullshit videos. If you want to become rich you had to learn hard and you have to learn more about risk management and technical analysis.

[@AnalyzingAlpha]

Did you watch the whole video?

[@justMeFromDe]

Of course. But you are suggesting that you can make easy money with chatgpt as your assistant by creating a strategy. What do you think what the audience is looking for? Most of them only see 17 million profit and not what you want to tell them. This is why the users asking for the final pinescript code and they don't see the fact that chatgpt CAN help you building a profitable strategy but without knowledge about financial markets and technical analysis, nobody of them will stay over a long time in a trade. I don't wanna say your video is bullshit at all but I'm missing all the most important keyfacts about trading or long term investing.

[@dennismalones3818]

Agreed. That's why many people are losing money in this kind of BS because of the content creators that are showing a quick rich scheme strategies in trading. You need years, efforts and pure dedication in order to be a profitable trader and not by means of these stupid strategies.

[@AnalyzingAlpha]

@@justMeFromDe Yeah, I saw the ChatGPT craze and created a video on this -- perhaps a bit misleading. I'm questioning if it was a good video to create because many are missing the point. Algotrading is incredibly difficult -- but a non-programmer CAN use ChatGPT and Tradingview to backtest a trading strategy. That's pretty impressive. It took me over four years to get to the point where I could trade profitably algorithmically. ChatGPT could have sped this up significantly. But yes, this strategy is purposely overfit like I mention in the initial comment.

[@AnalyzingAlpha]

@@dennismalones3818 100% -- most are missing the point of the video.

[@shayansep755]

what is the time period of your testing ??? is it reaching that amount of profit in 1 year or 1000 years ?

[@ThePulsar14]

the 2nd! 😄

[@shayansep755]

@@ThePulsar14 to infinity and beyond...

[@Foxxxxx96]

you need to consider your max drawdown, the last strategy is the best buy still risky

[@RealBoyBeats]

right the dd was like 40%-50% of the account

[@AcestradingInc]

When I copy script and paste into tradingview I receive a message error : cannot compile script

[@jamesdrew296]

"" Investing in online stocks is one of the ways to gain financial freedom. The stock market & crypto market has plenty opportunities to earn a decent payouts, but how is it done......?????

[@basiruAndrew]

Investing in stock or crypto is a good idea, a good trading system would put you through many days of success. My story has totally changed after i get into stock markets...!!!!!

[@Antoniovieira2792]

Very true, a huge part of my portfolio growth has come during this bear market. I've been able to scale from $100K to $250K in a short period of time. I basically was just following the steps and guideline from my financial advisor as long as you've professional help, you're good to go

[@yahayaabdullahi5474]

@@Antoniovieira2792 That's impressive! I could use the expertise of this adviser, my portfolio has been stagnant..... Who's the person guiding you?

[@Antoniovieira2792]

My adviser is *PATRICIA DRITA JOSEFINA* the analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. She Understands the job perfectly."" ""!! Search for her on internet

[@Antoniovieira2792]

Search for her on google and drop her a message

[@cj.5672]

Guys, I'm new please explain me what's default_qty_value=120 in the code ? how's much lots size of this code place an order per each trade ? thanks.

[@rikeskull5629]

Good work done 👌, I know and always keep saying that investing and trading is so profitable and safe with the right help and proper guidance.

[@rikeskull5629]

Exactly why I trade with Theresa she's the best

[@davidlemarquis1133]

Yes, I have recovered All my losses and made more profits from her.

[@carlmike770]

How to reach her?

[@nunyabusiness1499]

I see these fake conversations from zero-content accounts on every crypto video on KZbin. SCAMS

[@mtoporovsky]

strategy to be done on data of day trading? And... is pyton can access information from "tick by tick" or any strategy done this?

[@patrickmeier5616]

Highly backoptimized - good luck when you execute this. Let me know the results when you did it :-)

[@TwoThreeFour]

Yeah, that's what I thought as well. Pretty good for historical data, but probably it won't be as good in real time trading situation.

[@thepierre396]

He won't execute this, as said in the video

[@encrypted_future5159]

Good video by the way you should show the bad sharpe ratio the strategy probably has to really insist on how misleading overfitting can be

[@tybowesformerlygoat-x7760]

Man, thank you for your solid work. Sorry about the get rich quick crew that don't understand that nature of the info. I'd love to ask, also: These kinds of strategy are obviously fascinating (particularly for us nerds). Is your perspective that these kinds of methods do (with enough work) lead to good, profitable trading, or is the jury still out on that, or is it more an interesting exercise than a path to profitability. I mean, is the human analysis (assessing the quality of breaks of structure, for example) ultimately the more likely path to profitability than pure code based approaches?

[@macks3658]

This is just another tool to help you trade just like any indicator. all pinescript is for is back testing strategies, the real fun comes with trading bots

[@EndoExcision]

Sounds like a $1000 in each group is worth a shot?

[@joseandresruiz4360]

@@EndoExcision lol

[@Nermalton77]

If that is so profitable, I wonder why anyone would take the time to make a video on youtube, instead of just focusing on trading more and more.

[@cinimod-1]

Can you make a video to explain how we can integrate or sync these trade bots or regular cex or dex. Thanks

[@GeorgiosTsimonis]

Nice, but how can we actually use this strategy on a crypto exchange? How can we "connect" it to and make it run on a real exchange?

[@edwardobodo2268]

Totally, without a video to show how this could work in a real world trade this is a fairly useless video

[@Joeswing77]

If the strategy works why leverage it. I modified it and started with an initial capital of $250. Great results Thanks

[@GPofLB]

Hello, Could you please share your changes? Thanks.

[@gymnova1]

The only thing that he forgot to mention is the most important part of the entire strategy tester. The strategy will not show the same result 1 hour or 1 day later...

[@AnalyzingAlpha]

It's still working for me. I have a paid TradingView subscription so perhaps we're seeing different things or you've got a different BTCUSD pairing selected.

[@gymnova1]

@@AnalyzingAlpha I don't really think so that a paid subscription is needed in order to see the same counted result by the strategy tester in different time frames. A simple RSI indicator will also show the same result in a paid account as in a free one. But I will test it in a paid account as well, and I willl let you know the result.

[@kirill4531]

@@gymnova1 so what was the outcome?

[@aenima1]

@@AnalyzingAlpha I think you do need a paid sub. I dont have one yet and I followed what you did step by step and my results did not change at all. Im assuming thats the case otherwise it makes no sense

[@imrulvlogs]

​@@gymnova1 What is the outcome of your paid account?

[@scottspickleballchannel]

I am not able to duplicate your findings. I am not sure what I am doing wrong. I copied your code exactly from your website. My results only shows 5 trades startiing Jan 1. 2020 to last trade 10-21-2021. I am using bitcoin/ U.S. Dollar 1d Binance ... What am I doing wrong?

[@leandrogoethals6599]

the strategy tester in tradingview has flaws and it has to do how it "replays" all the data. I wouldn't trust it

[@AnalyzingAlpha]

TradingView is getting better, but I agree 100%.

[@nolanausan]

@Analyzing Alpha, this is based on existing trades that already happened, correct? How can you use this for future trades? Newby aking 😮

[@hansfieldrecords]

Please can you add the max drawdown of 8% and then retest it again. BTW, thanks for the video.

[@kevin.licenji]

I can help you do that to your code if you need help.

[@nguyenvubui1258]

​@@kevin.licenji about that, can you help me with this pls. I want to sell if the price fall 10% from highest high since buy entry.

[@Living_BrowardFlorida]

​@kevinlicenji3852 what's your price?

[@jackblu475]

Mine just says "Compiling..." when I try to run it...

[@JonCarr-rg1ky]

Für Gehaltsempfänger ist eine passive Einkommensquelle das Beste, was man haben kann. Abgesehen von der Tatsache, dass dies nicht immer ausreicht und man jeden Tag und zu jeder Zeit seinen Job verlieren kann, ist es für mich von entscheidender Bedeutung, etwas zu haben, auf das man zurückgreifen kann. Devisenhandel auf dem Markt und nein, ich hatte nicht so viel Wissen, um anfangen zu können, deshalb habe ich passives Einkommen gesagt. Ich überlasse die Gewinnerzielung dem Profi wie meiner Beraterin, Frau Draymus Willow, die einen wunderbaren Job gemacht hat.

[@CliffordLee-ny7kn]

Ich hatte viel Erfolg beim Handel mit Draymus. Ihre Strategie ist so konsequent, Gewinn zu mache

[@DanaF.Enderwood]

Ich werde die Draymus-Strategie immer als die beste bewerten, ich habe letzte Woche damit 2,3 BTC verdient.

[@KaciStefansky]

Wow, ich bin einfach schockiert, als jemand die Expertin Frau Draymus erwähnt hat. Ich dachte, ich wäre der Einzige, der mit ihr handelt

[@RussellParker-mm2px]

Als ich überall Zeugenaussagen sah, dachte ich, es wären erfundene Geschichten, bis ich überzeugt war und es versuchte, und ehrlich gesagt bereue ich den Schritt, den ich gemacht habe, nicht, weil ich viel investiert habe

[@JonCarr-rg1ky]

@draymus_willow

[@StrangerRecords]

What timeframe is this? Are we going back in time to start this?

[@RemoLiao]

Great video, but I think it should also address on the Max DD getting worse every time the strategy got "optimized". I mean, a 15M DD is not some to just ignore.

[@MultiChrisjb]

ahh live a little, take a risk 😆

[@aggie22]

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...

[@ErikAdalbertvanNagel]

I copy pasted it and it "just" showed 1.97 mill. I edited ATR Lenght from 10 to 9 and Factor from 3 to 2.99 and I got 69.9 million. Edit: Okay my newest strategy is absolute nuts. Same $1000, 225 million net profit, 77% profitable and profit factor is 26.4 on 30m chart. same shit on Ethereum 16.6 billion net profit but with only 14.8 profit factor.

[@eliezeraguirre4306]

What are your actual profits looking in the real market

[@ErikAdalbertvanNagel]

@@eliezeraguirre4306 I watched it closely and I realized it only can predict the past, and anybody can be smart by that. So these numbers are bs, that's my conclusion.

[@sentinelaenow4576]

The video is intriguing, but it presents a deceptive outcome. Regardless of the effectiveness of your trading strategy, the appropriate baseline for comparison should be the straightforward approach of buying and holding the asset. No matter how much effort you put into your strategy, it will never suffice if the simplicity of buying and holding proves to be superior. This is particularly evident in the case of Bitcoin, where its value was less than 1 cent initially and has since soared to tens of thousands of dollars. An unmistakable indication of the illusion arises when there is a price correlation, meaning that your strategy performs similarly to the asset's price itself. This is precisely what the video showcases.

[@JonesFlora910]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Jennifer Rose..

[@CydarelaSmith]

I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.

[@KellyJohnson278]

Mrs Rose changed my life because of the high profits I got from investing with her.

[@NelsonThomas887]

You invest with Mrs Rose too? Wow that woman has been a blessing to me and my family.

[@TeeTemce]

I'm new at this, please how can I reach her?

[@DebraDavies-12]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.

[@NAPP3R]

I might be missing something but if you had this code in would it tell you when to get in and when to get out? It looks cool when you go back and look at what could have happened but what does it do live?

[@patrickanderson4680]

Rsi and macd will show you that.

[@bradphillips9759]

I copied and pasted the pinescript to trading view and it is saying error on 31! What dis i do wrong?

[@user-zk7vb5nx4y]

Thanks for continuing updates and for keeping us financially Educated! Regardless of how bad it gets on the economy, I'd rather trade the crypto market as it's more profitable than holding. I made a Hundred thousand dollars from trading last year even though I barely trade myself.

[@Jennymcskimmming]

I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please.

[@LisaNoeckel]

Trading without professional guide... Huh I laugh you, because you will remain where you are or even make huge losses that will stop you from trading, this has been one of the biggest problem to new traders

[@AndersonRamanho]

Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.

[@Traceywise-h1q]

Sonia Dixon's analyzes go beyond superficial trends. It delves into technical, fundamental and sentiment analysis, providing a holistic view of the market.

[@MariaIsabel-j4n]

I and my brother are favoured financially, Thank you Sonia Dixon. $32,000 weekly profit regardless of how bad it gets on the economy

[@zhoubinjason]

Great video. I have learnt a lot and I am having fun.

[@derBuschjunge]

If you Want to lose Money do IT

[@ebrue8647]

Don't be so real and negative mate.. we need market liquidity 🤭

[@simply-ericcole8201]

Now do it in the real world live 😉

[@oo131193oo]

over what period of time is this calculated??? 1 year???

[@Jasonbarren1]

I'm celebrating a $30k stock portfolio today. I started this journey with 4k. have invested on time and also with the right team now I have time for my family and the life ahead of me

[@PaulLeed]

I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.

[@SandraGrant0]

Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?

[@gabrielrose3271]

Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant

[@Jasonbarren1]

@@SandraGrant0 I will recommend my current trader Mrs Nancy kay Rinker, she is from USA and her strategies are earning a lot profit for me..

[@nicolaswilliams8861]

Isn't that the same Mrs. Nancy kay Rinker that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

[@chrisoates2827]

Awesome video, lots of info… question, now how can this help me in the trading apps to make those millions ?

[@Jefferyadams210]

I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Mrs Maria Reyes.

[@ELenaGarcia-jy5co]

I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.

[@melissagreen2727]

Mrs Reyes changed my life because of the high profits I got from investing with her.

[@ibrahimbarakat5872]

You invest with Mrs Reyes too? Wow that woman has been a blessing to me and my family.

[@Kareenwood8738]

I'm new at this, please how can I reach her?

[@FedrickLeonard]

I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much

[@henryheinke1607]

what leverage use this backtest ?

[@AnalyzingAlpha]

As much as I possibly could without blowing up the account.

[@Scyuti]

I don't get recommendations when i hober over the functions😢😢😢

[@S-Qo]

how do you do margin trades with bitstamp? i dont see they offer margin trades...

[@Adam-ej1vg]

Im struggling with the set up can you please paste the code here

[@thelife6264]

Can you provide us with the Pinescript code please?

[@marbles2289]

Does this strategy work for day trading stocks ???

[@chekov885]

used to MT5. can't find any settings to select time perameter of test. This starts in 2017. Bitcoin 10xd in 2020. 1million would have turned to 10million that year just holding. Can time of testing be selected on trading view.

[@Lubenstein1]

over much time did it take 1000 and turn it into 17m?

[@wisemintapp]

No on sells a successful automated trading system. They guard it with their lives. The more traders using the system, the quicker the edge disappears.

[@hedgeh0g7]

the thing is that the back tested strategy time frame is starting in 2015 :) so even without a trading bot if You would invest 1000$ you would be x100...