ChatGPT Helped Me Create an AMAZING Trading Strategy [MACD + RSI + ADX+ ATR]

[@mihairobert-catalin951]

OMG‼️You put 2 indicators in the same window

[@vivekvaid2616]

Can these premium scripts be used to trigger alerts for firing commands using webhook url?

[@TradeSmart22]

Yes, that's how we do trading bot automation.

[@omgr0ck3r]

It would be great see live trading results. backtesting is always a risky game. the overfitting bias and slippage isn't taking into account.

[@TradeSmart22]

Come into our discrod as a free member (check out the christmas special video) and you can see live trading results from other members.

[@TradeSmart22]

You can also add slippage and commissions to our strategies inside it's settings..

[@Hans_tH]

@tradesmart. What happens if we signup for premium, copy and use strategies and one day stop the premium. Do we loose our strategies??

[@TradeSmart22]

It is a monthly subscription plan. If you subscribe for 20$ you will get access to all of our tools and optimization for 1 month. Of course you wont get lifetime access for 20$ as our tools are too valuable for that price. Once you cancel your subscription you will lose access to our tools.

[@gv3271]

Wonderful explanation of the strategy!

[@TradeSmart22]

Thank you!

[@nikolispsarris]

Hello. Very thorough approach. Is there any system that we can code this strategy and run it?

[@TradeSmart22]

Thank you! :) Yes we already coded this strategy and you can get access to it by becoming a "Smart Trader" tier member on our patreon: www.patreon.com/tradesmart224

[@StephenSnowman]

I see when you started setting up your chart from scratch there was a MA (I think it was an MA???) was it a 120MA and do we need it on the chart bc you did not mention what the line was on your fresh chart. Do we need that indicator for the bot?

[@TradeSmart22]

Hey, it is a 100 length simple moving average (SMA) and you don't need to any indicator to the chart except the premium script. I added all the other indicators to make the strategy more visible and understandable.

[@StephenSnowman]

@@TradeSmart22 I just joined your monthly subscription and HOLLY COW this gives us AMAZING tools in TV!!!

[@TradeSmart22]

@@StephenSnowman Love to hear you like it! There are indeed a lot of scripts and optimizations, you will need some time to get the hang of it. I recommend to check out the FULL premium script and how to optimize videos. Also if you need help in anything let us know!😀

[@StephenSnowman]

@@TradeSmart22 Is there a way to import a NinjaTrader only indicator into TV?

[@TradeSmart22]

@@StephenSnowman Unfortunatelly not, you would have to code it to pine script first. But reach out to David (Coder) in the Discord, he might be able to do that for you.

[@j-m-valways881]

Hi @TradeSmart will this strategy work on smaller time frame like 1 min or 5 minutes and also for scalping stocks??? Thanks

[@TradeSmart22]

Yes on a few stocks it works. Regarding the low timeframe question, as you go on your trading journey you will find that trading on very low timeframes like 1 minute is pointless and will blow your account, as fees will destroy your profits. Anything under 15 minute is pretty hard to trade on, except if you for example take advantage of 0% fee trading on binance. for that we created this 5 minute eth strategy that shows unbeliveavble results in the backtest between 2017 and 2022: kzbin.info/www/bejne/i6rHlH96eKioi7s I recommend you to just take a profitable (before fees) 1 minute chart strategy and calculate how much % does fees eat up of your profits each trade. Then you will know why you shouldn't trade 1 minute and 5 minute charts... Oh and I think you will learn a few valuable lessons if you watch this TOP 5 Beginner Trading mistakes video: kzbin.info/www/bejne/eIXSlXeAma-saqM

[@anhtranuc5158]

thank u so much

[@TradeSmart22]

Happy to help.😁

[@FromAustin]

Do you have this script optimized for futures already? If I join, I can have access ? Will the buy/ sell indicators show in my TV?

[@focus77-y7z]

i don t know about trading and reading graphs, can i still subscribe and use your script?

[@TradeSmart22]

Absolutely but it is adviced to have basic knowledge otherwise our tools will be overwhelming for you and complicated.

[@focus77-y7z]

can you maybe recommend an all in one basic trading crypto tutorial that i need to learn so i'm not overwhelmed with your tools?@@TradeSmart22

[@MadDestructionChaos]

Sigh me up!! That blew my mind. good stuff/ I just want to check out your 20 dollar plan and take a strategy and try it 100 times with real money.

[@TradeSmart22]

Thank you! We look forward having you in the community😁 there are a lot of strategies, trading methods and optimizations to learn and play around with!

[@ShortSprintMotivation]

Thanks for the video, it's really good. How can you apply this script on a real account, like on Binance? If you also connect it with a webhook, how can you start the script? Could you possibly explain or make a video about this?

[@TradeSmart22]

No problem, in our patreon subscription we have many premium scripts (including this one) that has the trading bot automation option. Here is a tutorial on how you can connect our scripts to a broker to automate trading (with pionex, 3commas, pineconnector, wundertrading): docs.tradesmartalgo.com/guides/how-to-connect-3rd-party-tools/pionex

[@ShortSprintMotivation]

Thank you so much

[@trading8587]

Do you backtest over 50 different Crypto Pairs and over 300 times MANUALLY? Or do you use a backtesting Software?

[@TradeSmart22]

Of course not, we used a backtesting automation software.

[@trading8587]

@@TradeSmart22 Ok, so which one? I am looking for a good one, so that i don´t have to do it manually. I know about Traderedge, but i don´t want to subscribe for a whole year , i don´t need it for so long.

[@TradeSmart22]

@@trading8587 We used tradingview itsself to backtest 50 crypto pairs :D We have coded tradingview trading scripts that includes this strategy. From there you just have to load the asset and it backtests it automatically. You can get access to our Premium TradingView scripts and optimizations by becoming a Smart Trader tier member on our Patreon: www.patreon.com/tradesmart224

[@mynameisjeff417]

Sounds good! Thanks 😁👍

[@TradeSmart22]

No problem 👍

[@shawnip6369]

Have you tried asking "what is the currency pair to trade now with the best win rate"?

[@TradeSmart22]

not yeet but it most likel wont give me any suggestions.

[@putraerul5674]

Can this strategy converted into mt4 ea??

[@TradeSmart22]

Of course, just like with every other strategy of course someone can code it into an MT4 ea.

[@RabenKaiser]

Hmm... Interesting. But the use of ChatGPT is a bit underwhelming. I believe there is more to be done in that regard. We could potentially ask more fined tuned questions, or to maybe even ask polish some code? Just some thoughts... But it's seems to be a solid strat.

[@TradeSmart22]

Yeah that's absolutely true. I might do another video later on and ask some more in depth questions. If you have any other ideas please share, thanks!

[@apathyreview3964]

I've done this. There seems to be very little limited except in larger scripts it may for example leave a placehol for a specific function. Almost like a sorting function example would leave a placeholder for the equality test function. You can also ask it not to do that. Seriously I've asked it to give an example(use this phrase) of various things like a momentum strategy with stop loss and risk mitigation (it gave an input with risk factor that was used to multiply an equity percentage) anyway just do a deep dive. With AI you get EXACTLY what you ask for. Be specific.

[@Frootyloops629]

Its limited to how smart you are the smarter the questions you ask the smarter it responds, you might not be as smart as you think?

[@andreasjauk4220]

If I don't like tge patreon membership. Can I cancel it at any time?

[@TradeSmart22]

Yes of course!

[@andreasjauk4220]

@@TradeSmart22 and do you explain how I can make it fully automated?

[@TradeSmart22]

Our premium scripts have a built in section which can communicate with a trade automation sercice called 3 commas or wundertrading. These trade automation services can be connected to almost any broker and place and exit trades automatically. We have tutorial videos of how to set it up inside our patreon and can help you set it up. Try out our patreon membership and if you don't like it you can unsubscribe at any time.

[@johnpsaros6138]

But you don’t explain how to create this in the pine code :(

[@TradeSmart22]

Stay tuned to our next video I will be showing another ChatGPT created script and briefly explain how I did it. :)

[@elliotpolanco159]

If I become a patreon will I have access to source code to modify strategy to my liking?

[@TradeSmart22]

If we would share the source code then anyone could upload it to tradingview and there would be no point in becoming a Smart Trader. So no we can't give you the source code.

[@elliotpolanco159]

@@TradeSmart22 okay

[@vittoriosuglia9899]

site/platform trading suggested to use the strategies on? thanks

[@TradeSmart22]

You can connect our strategies to most of the well known trading exchanges or brokers, We use tradingview for charting and Binance or Bybit.

[@vittoriosuglia9899]

@@TradeSmart22 great, on what do you suggest to apply it? how do you let the strategy work for you? thanks

[@TradeSmart22]

You can apply it to whatever asset you like. We have optimizations for almost everything.

[@juniorpatrick8839]

What broker you are using for this Strategy

[@TradeSmart22]

Binance

[@icttrador]

U need more trailing stoploss to work on your strategy to maximize the profit bro. Good luck.

[@TradeSmart22]

Good idea, most of my strategies use trailing stop loss (or some sort of exit signal which works the same), but from time to time I like to experience different approaches.

[@783959]

Cool! but my tv is not showing buy and sell signals. what did i miss?

[@TradeSmart22]

Do you have our tradingview strategy script on your chart? You have to be a Smart Trader tier member on our patreon to get access to these premium strategy scripts that I showcased in the video.

[@slasherage]

Where is the buy sell indicator you using on the chart? You didn’t mention it!

[@TradeSmart22]

I have mentioned it, in the video it is the MACD indicator.

[@baufikreativ4388]

Very nice content! Do you use Tradingview webhook to exchange-API to perform automated trading and do you have those successful strategies?

[@TradeSmart22]

Thank you! We use webhooks and a third-party tool to manage them. Our strategies are tested and compatible with Wundertrading and 3Commas. Yes we have a good bunch of successful trading strategies. You can get access to them by becoming a Smart Trader Tier member on our Patreon.

[@shimblypibbins]

Where are the long entry or short entry signal candles added to the chart?

[@TradeSmart22]

I'm not sure why you can't see the long and short entry candles. It is literally written above the corresponding candles (Long Signal or Short Signal)

[@user-cd9im6ju8r]

@@TradeSmart22 I think he is referring to what indicator setup places the buy sell candles on the chart. My candle chart does not show these when following your video so I cant see where to check for long or short entry/exit

[@TradeSmart22]

@@user-cd9im6ju8r i see. So in the video I explained that for this strategy I used one of our Premium Scripts which is only accessible to our Patreon supporters. So without our indicator you wont see the long and short entries on your chart. But if you don't want to become a member you can still try out this strategy by yourself that's why I explaing how to trade this strategy manually.

[@TradeSmart22]

They are added to the chart by using our premium script which is only accessible if you become one of our patreon smart trader tier supporters.

[@apathyreview3964]

Ask it to write the script for you. I did. Only works for mt4 and pinescript. Not mt5. For example write me a scalping strategy combining x and y and rsi and protected positions with stop loss. Also with inputs for risk factor and pips. Boom. Auto created.

[@TradeSmart22]

We already have a script for this strategy, but go ahead and try it, it wont give you a correct copy paste and running code...

[@neronenerone7366]

congratulations! you didn't show how chatgpt get you the help

[@TradeSmart22]

Beggining of the video

[@mucahitbektas2477]

Great job sir thanks for your effort. Could you please try with different time frames and list best performings again ?

[@leonidaschang8849]

Most trading bots are scam... I lost so much money with fake robots. Finally I found a good bot, which is profitable, it's name is Galileo FX

[@TradeSmart22]

Thank you, no problem.I will take a look on it.

[@davidsmithey8914]

Do you have any scripts that are optimized for S&P 500 equities? tsla, appl, jnj, etc OR options strategies? Thank you, I am wanting to become a Patreon member, but only trade stocks and options

[@TradeSmart22]

Hey there, we have around 4 optimizations for the s&p 500 but you can request any optimizations for any asset and timeframe for any of our premium scripts. Give a try for the premium and if you don't like it you can simply unsubscribe. :)

[@Hans_tH]

What happens when we unsubscribe? Are the strategies no longer usable?

[@Maskmelon369]

What are the settings for 5min chart binary trading

[@TradeSmart22]

This is not a binary trading strategy and this is not a 5 minute chart trading strategy, so there are no settings like that.

[@alanfleming8474]

One of many thoughts when I 1st stumbled across chatgpt was could this help me get into trading with out being ripped off because of my total lack of knowledge and money, well not a lot, but could I turn 250 quid into a few thousand over a year totally hands off? This is a great video, very much appreciated.

[@TradeSmart22]

Thank you for the feedback, I'm happy to hear that!😁 With proper risk management most likely you won't be able to turn 250 into a few thousand. With risky big position sizing and with a somewhat gambing style trading, sure but the odds of losing all your money will be much higher. If you are aiming to become a profitable trader long term, my advice would be to learn about risk management, systematic trading, backtesting, objective statistics based strategy optimization, overfitting, walk forward analysis, backtest evaluation and so on. By the way you can try out one of our premium scripts for 2 weeks for free if you send us a message to our tradingview account. You can find there all type of strategy script and optimize strategies for your liking, even for riskier trading styles.

[@RabenKaiser]

Too bad the results of thr backtest on the currencies pairs are missing!

[@TradeSmart22]

Ah yeah I forgot to include the forex pairs. Here are the results for the forex pairs: drive.google.com/drive/folders/13kMyBwGrk1hfEIcyASY3GeYDJkzP5cgY?usp=sharing

[@BigAllenTravel]

future buy/sell label usually will be traced.

[@TradeSmart22]

I'm not sure exactly where you going wit this or what do you mean, but if I get it right, once you connect a script like this to a trading bot the bot will entry/exit the position based on a signal that tradingview sends it, and that signal is sent out exactly when the price touches entry/stop loss/ take profit level so there is no way that it can be traced as it is sent instantly.

[@BigAllenTravel]

@@TradeSmart22 sorry for my type error. I mean when label or most updated “buy/sell” label will be retraced when next candle changes.

[@RS-sd4cr]

did you test also 15/30 min time frame? with premium account/bot trading means, that the short/long signals, that are given are checking all requirements for the trade/stop loss/take profit by itself (squeeze momentum check, adx check, rsi check,.....) and are executed fully automatically without any further manual checks necessary?

[@TradeSmart22]

you can check the performance of this strategy on any timeframe and asset combination with just a click. (You can do that once you gain access to our premium scripts and optimization by becoming a Smart Trader Tier member on our Patreon) Yes you can fully automate trading without needing any further checks with our premium scripts and with the use of 3 commas or wundertrading.

[@all6senses]

@@TradeSmart22 Are these strategies with a fixed SL and TP or are they using TP1 / TP2 / Trailing stops,...? Also, is it possible to get a TV alert out of it in the form of: BUY EURUSD TP=xxxx SL=xxxxx? Reason why I'm asking is because I created an EA that places the trades with my broker with my custom risk management/martingale settings so before joining at 21.50 + VAT/month I'd like to be sure that I can use these strategies. Also is there an option in the scripts to backtest including a % fees?

[@TradeSmart22]

Our scripts and optimizations made for them can work both wit trailing stop loss and fixed stop loss and take profits (the optimizations we have made for them have both trading types so you will find what you are lookibg for.) As we are mainly focused on trading automation and creating sustainable and robust strategies and optimizations, our premium scripts ( which are included in our patreon membership) have a built in alert function and can be connected to tradin automation services like 3 commas or wundertrading or your EA) Also in our scripts you can apply fees and slippage and check if a strategy is still profitable with your broker fees, however most of our optimizations have fees added to them to make the backtesting results more realistic. Feel free to try out our patreon membership and if you don't find what you are looking for you can unsubscribe at any time!

[@moodxp]

Hi brother Can you create a strategy on pinescritp version 5 where the main indicator is the harmonic pattern with smart money concept and order block & all price action like Bearish Pennant Chart Patterns & Bullish Flag Chart Pattern& Bullish Pennant Chart Pattern & Double Bottom Chart Pattern & Double Top Chart Pattern & Elliott Wave Chart Pattern &Falling Wedge Chart Pattern & Head And Shoulders Chart Patterns & Inverse Head And Shoulders Rectangle Chart Pattern & Rising Wedge Chart Pattern & Triangle Chart Pattern & Triple Bottom Chart Pattern & Triple Top Chart Pattern & Volume profile Auto Candlestick patterns & Bearish Flag Chart Pattern & Bearish Pennant Chart Pattern Can you do that please? 🌹🌹🌹🌹🌹

[@lucifer5998]

Why you didn't backtest other forex pairs.??

[@TradeSmart22]

There's usually someone who asks the same question (why didnt I test for this and that). Simply put I can't backtest on everything for everyone and this optimization was made for GBPJPY and it performs the best on GBPJPY. But if you become a member on our patreon you can backtest and optimize on whichever asset you like: www.patreon.com/c/tradesmart224/membership

[@lucifer5998]

​@@TradeSmart22 is this strategy also work on 15min tf? Btw thank you for providing good knowledge 🔥

[@lucifer5998]

​@@TradeSmart22 I am watched almost all your videos I want to ask a question which one of your strategy is best among all and it's rebust?

[@lucifer5998]

​@@TradeSmart22 I am watched almost all your videos I want to ask a question which one of your strategy is best among all and it's rebust?

[@TradeSmart22]

​@@lucifer5998 Well you probably didn't watch my latest video, so check that out to find out which is my best strategy currently: kzbin.info/www/bejne/gl6qhoJvptmdd6c

[@gingercrop5855]

Pretty sure demo missed a few candlesticks

[@TradeSmart22]

What do you mean?

[@gingercrop5855]

Syntax errors are not covered

[@TradeSmart22]

I did not code any strategy with chatgpt. We coded the strategy by ourselves, therefor I did not have any syntax errors.

[@pawebogatu9449]

Why co cheap subscription, Sus

[@TradeSmart22]

This is our pricing currently, but won't be forever. Try it out you won't be dissapointed. 😀

[@DavidSmith-qp7yk]

if you can convert these scripts to mt4 others will definitely subscribe

[@TradeSmart22]

we've been considering the transition to MT4 but coding these strategy scripts in mt4 is much harder. Although it is possible that one day we will be releasing our scripts for mt4 too.

[@weerapatnuncho2333]

Wow, similar as my first strategy, and I lost $20000 to prove that it didn't work to put too many things into chart LOL.

[@TradeSmart22]

Sorry to hear that. Can you give more detail on that strategy and how you traded it? We might learn a few useful things from your experience. I am interested in how similar that strategy to this, how long you traded it, how your position sizing and risk management was, which timeframe and asset did you use, were you trading it as a methodical objective trading system or more like in a subjective discretionary way?

[@weerapatnuncho2333]

@@TradeSmart22 wait wait don't push a lot of question into me LOL. I rather don't answer. it seems like Sarcasm. I don't know why you need more detail about me. will you help me about my past? LOL. because you ask me to share my experience for useful, but I don't want to, why should I share my secret to other people without any cost? but I will share you something, successful retail trader, EA expertist, hedge fund trader, they rarely jump to youtube and give away free knowledge, Do you know why? because money that they did can be spent for their whole life already and bacause trading is mind game, so you need to stay focuse on trade not making a video. Even you are an EA expertist, you still need to monitor and tuning your EA day by day. Honestly, I am not good at trading, or EA I made win rate around 40%, but I'm still in market, guess why? because I spent my whole time to tuning my strategies, my mind, my RR, practiced and tried, I watched youtube sometimes but not focused on making video, making discord group or membership system.

[@TradeSmart22]

@@weerapatnuncho2333 You don't need to get fed up and angry. I thought you are a nice guy just like the others in this community and would help out out others with sharing your own experiences. I am not EA expert or hedge fund trader, I am still learning a lot about systematic/algorithmic trading day by day. I also love posting videos and sharing my experience with others, as I am learning new things and test new ideas out. So I am sorry for your loss and past and I undestand you are frustrated. But that won't help you in anything. If you don't want to share your experience or learn the way we approach trading, you can simply move on and watch something else. There's no need to get angry and comment stuff like that.🙂

[@interstellar_duh7431]

chatgpt seems to be down :/

[@TradeSmart22]

Yeah yesterday it was down, but now it's working fine for me. 😀

[@BrunoSousa-oi1mw]

The concept of thi ChatGPT is amazing, but it have to improve a lot, i'm tired of getting tons of compilations and syntax errors of the codes that he gives.

[@theWSt]

Thx for the video, but this strategy is not good for crypto. The only two pairs with high enough volume are BTCUSD and ETHUSD, and both have really bad results, both winrate and gain on account.

[@TradeSmart22]

Well it depends on what is your account balance/how big positions you want to open. The cryptos I tested are in the top 100 highest market cap cryptos. I wouldn't say that only BTC and ETH have enough volume. If you want to open millions of dollars positions, then yeah sure but I don't think 99% of people who look for a profitable strategy falls into that category...

[@adamspice9076]

1 million indicators..thats funny..disagree with your style

[@TradeSmart22]

No problem, you can find strategies with low number of indicators and with high number of indicators on our channel. However I find that 2-5 filter indicators are needed besides the entry signal and the stop loss take profit indicators.

[@Rok71236]

you don't need to use that many indicators when trading. in fact these indicators can act counter intuitively at any point in time and will confuse you. i don't believe this is good strategy, too many indicators. its like a greedy kid in candy store that end up crapping his pants

[@TradeSmart22]

If you know what automated trading is then you should know that after setting up the bot there is nothing in the world that can be "confusing" as you will never have to look at the indicators and check their values manually. If you are a manual trader sure, checking a lot of indicators all the time is hard. But thats why we created a trading script for this strategy, so you don't have to check any indicator, simply just get buy and sell signals. What makes a good strategy has nothing to do with how many indicators it uses. The one thing that matter is if its profitable or not. You should watch a few more of our videos in which I use trading scripts cause now I think you don't really understand the concept we are using.

[@Day1kingfx]

@@TradeSmart22don’t stress yourself he is just vomiting everything he learnt from, where ever he learnt it trading is a game of probability high chance of one thing happen against another, the market doesn’t care if you have 100 indicators or none, if there’s an edge then it doesn’t matter.

[@eroodeet]

where script? Give code

[@TradeSmart22]

No share, hard code, intellectual property

[@borisraguza8693]

40 % profitable LOL

[@TradeSmart22]

thanks for the constructive comment. If you would have been in the systematic trading niche for a long time you would know that % profitable and net profit is the least that matters. What matter is how many profitable strategies you have and how manny assets those strategies work on. If you have 10 strategies that works on 10 different assets each and can gain 10% per year you could make 1000% a month. Think about that. :D

[@Dominik-or3pw]

Bro is testing strategies that take over 8 Years for 200% ._. Are you kidding?! Who knows if the Bot will even run 8 Years. And then you still have to take away the 1920$ the Patreon Membership would cost you for the time you run your little script...

[@TradeSmart22]

If you automate 100 strategies/optimizations that generate 200% in 8 years you woud make a good amount of money don't you think? It's not about the % that it makes rather the sustainability and robustness in different market conditions in my opinion.

[@mail4seasons]

Is chatgpt can predict roulette or baccarat or blackjack ?

[@TradeSmart22]

No, there is nothing in the world that can predict a random outcome based game.

[@misterdollar2727]

lol

[@mail4seasons]

But blackjack have card counting theory .. I think ai might can do and might better than human.

[@Palagiboi]

Do you have Instagram ? Or Facebook?

[@TradeSmart22]

Not yet but will do in the following weeks!

[@prajwaljogi9503]

Are watching my comments please go check the date /type today date/ Worlds richest person in 2023 / please go and serch in chat gpt it will give you shocking result

[@TradeSmart22]

I'm not sure wwhat you are trying to ask please clarify.

[@Dominik-or3pw]

Bro is testing strategies that take over 8 Years for 200% ._. Are you kidding?! Who knows if the Bot will even run 8 Years. And then you still have to take away the 1920$ the Patreon Membership would cost you for the time you run your little script...

[@TradeSmart22]

If you automate 100 strategies/optimizations that generate 200% in 8 years you woud make a good amount of money don't you think? It's not about the % that it makes rather the sustainability and robustness in different market conditions in my opinion.

[@_DigitalRemake]

Just use multiple currency pairs and increase base risk to 2-3% per trade. Use some common sense