Brief Summary
This video demonstrates how to convert indicators into trading strategies using AI. The creator uses ChatGPT 01 preview to convert three indicators: Bull Market Support Band, Bollinger Bands, and Supertrend. The process involves copying the indicator's code, pasting it into a specific prompt, and then letting ChatGPT generate a strategy. The creator highlights the importance of defining buy and sell conditions within the prompt to ensure the strategy aligns with the user's trading logic. The video also addresses potential coding errors and how to fix them.
- The creator successfully converts three indicators into strategies using ChatGPT 01 preview.
- The video emphasizes the importance of defining buy and sell conditions within the prompt to ensure the strategy aligns with the user's trading logic.
- The video addresses potential coding errors and how to fix them.
Intro
This video aims to teach viewers how to convert indicators into trading strategies using AI. The creator emphasizes the potential of this method to empower traders and make them independent. The video promises to be less edited and more raw, showcasing real-time problem-solving and potential errors.
Results
The creator presents the results of converting three indicators into strategies using ChatGPT 01 preview. The results are impressive, with the AI-generated strategies producing similar profit percentages and key performance indicators (KPIs) as the creator's own strategies. This demonstrates the effectiveness of the AI method.
Bull Market Support Band with AI
The video focuses on converting the Bull Market Support Band indicator into a strategy. The creator explains how to obtain the indicator's code from TradingView and paste it into a specific prompt for ChatGPT. The prompt includes three sections: a statement of intent, instructions on how to behave, and the indicator's code. The creator then demonstrates how to use ChatGPT to generate the strategy, highlighting potential errors and how to fix them. The final strategy generated by ChatGPT produces similar results to the creator's own strategy, demonstrating the effectiveness of the AI method.
AI Prompt
The creator explains the structure of the AI prompt used to convert indicators into strategies. The prompt consists of three sections:
- Statement of Intent: This section defines the purpose of the prompt and emphasizes the user's expectations from ChatGPT.
- Instructions: This section provides specific instructions on how ChatGPT should behave, including default settings and desired outcomes.
- Indicator Code: This section contains the copied code of the indicator to be converted into a strategy.
The creator emphasizes the importance of carefully crafting the prompt to avoid common issues and ensure accurate results.
Bollinger Band with AI
The video focuses on converting the Bollinger Bands indicator into a strategy. The creator explains the trading logic behind the Bollinger Bands, emphasizing the importance of defining buy and sell conditions. The creator then demonstrates the process of converting the indicator into a strategy using ChatGPT, highlighting the need to refine the strategy by specifying buy and sell conditions within the prompt. The final strategy generated by ChatGPT produces similar results to the creator's own strategy, demonstrating the effectiveness of the AI method.
Supertrend with AI
The video focuses on converting the Supertrend indicator into a strategy. The creator explains the trading logic behind the Supertrend, emphasizing the importance of defining buy and sell conditions. The creator then demonstrates the process of converting the indicator into a strategy using ChatGPT, highlighting potential coding errors and how to fix them. The final strategy generated by ChatGPT produces similar results to the creator's own strategy, demonstrating the effectiveness of the AI method.
Conclusion
The creator summarizes the video's key takeaways, emphasizing the ease of converting indicators into strategies using ChatGPT 01 preview. The creator highlights the importance of defining buy and sell conditions within the prompt to ensure the strategy aligns with the user's trading logic. The creator also encourages viewers to explore more advanced strategies involving multiple indicators and promises to create a video on this topic if the current video receives over 100 likes.
Automate it with SIGNUM.money
The creator promotes SIGNUM.money, a software for automating TradingView strategies. The creator explains that SIGNUM.money allows users to automate any TradingView strategy without requiring any special code modifications. The creator encourages viewers to watch the next video on automating trading strategies using SIGNUM.money.
