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For traders, one of the most interesting use cases for emerging new AI tools like ChatGPT is in helping with the creation and testing of trading strategies.
In this episode of our TA Series, 'Create A Trading Strategy with Chat GPT' TrendSpider's Jason Krutzky walks through the process of creating a profitable trading strategy using only six prompts from ChatGPT.
He explains the thinking behind the prompts and uses ChatGPT to help explain how to create, test and deploy the strategy inside the TrendSpider platform.
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00:09 Intro
00:39 Prompt 1: Provide a list of strategies
01:04 Prompt 2: Make the strategy more specific
02:02 Prompt 3: Create a set of parameters for the strategy
03:23 Prompt 4: Provide a list of best stocks to trade with this strategy
04:05 Prompt 5: How to use Price Behavior Explorer to define strategy exit
05:20 Prompt 6: Variations of strategy that will help it perform better
06:01 Deploying the strategy as a Trading Bot
06:39 Outro
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