How to use Chat GPT on Tradingview

[Music] foreign [Music] today we're gonna make another example of how to make a indicator for trading Bill using chat upd ate today the code is gonna be a little bit more elaborated we're gonna try to put some EMAs and things like that and we will automatic automatic output automatic okay we're gonna go to chat GPT okay the website is chat.openai.com chart I already prepared one indicator you can see here I just asked to the bot here can you design an example for a trading strategy that can have a good win rate in Pine script remember guys that Pine script is the language for coding that trading view design all his indicators okay now the board and give me an answer okay sure we have an example and we don't have any code here we have only some steps or some examples setups that we can we can use to to make the code but it's not working for us we need we want uh a full code just to copy and paste in trading View what I did is I took from these four points I took the most relevant um indicators that he was giving me okay just to play a little bit with moving average and things like that 250-day moving average okay then I write all this text and he answered me sure here's an example of how how you could implement this strategy in paint script we have this code we copy we go to trading View we go to the lower part and we click in time editor okay we click here we delete everything we have here we want a black screen in this part with only one line to put the code okay we paste the code that we we copy from chat upd and we click in add to the chat we can see here that is giving us an error we copy the error copy message we go again to the bot and we paste here you see I already paste before um give us give us an error in the line 16 is doesn't work something is wrong in the line 16 and it's giving us another code okay we're gonna copy again this new code we go to trading view we delete everything again from the last code and we paste the new code now you see we have all the code here writing properly let's see we're gonna click to add to the chart and he's giving us another error here you can see if I put we just copy the message and we're gonna go again to chat upd ate okay it's even another this okay I I paste the problem and is giving us another another code apologize for the error in my previous response to fix the complex error you need to add the line blah blah blah okay we copy the code again we go to trading View we delayed the last code that we put we paste the new one and we click to add to the chat chart okay let's see what this says he's giving us another error okay we copy the message and we come again here is giving us another alternative but here I copy the fold here okay the error and he's giving us another God okay just to to try is this is like I I see that this is sometimes is hard to find the right code because the machine is I need to you need to tell him in a perfect sense what you want which indicators you want to put in the code and sometimes you have to play around a little bit okay too to find the right code okay we copy the new code we go again to trading Bill we delete all these errors okay just to have a clear view of what is gonna the problem is gonna give us we delayed the previous code and we paste the new one okay we're gonna try again we click in add to the chart and is giving us another error it doesn't matter we copy the message we go again to the boat and we just paste the new the new error okay cesco a copulation error this script must have one study and there is functional code is giving us a new code clean code okay we copy again we come here we delayed the last code and we paste the new code it's like this one by one try and try and train we click to add to the chart and now the code is giving us an okay okay you you can see that already the tester is tested in our code okay you can see that the average trade in percentage is 162 win rate a win right now sorry the the quantity that we we win if we enter the trade in the trades at the time that the indicator tell us okay like this is how you make a it's not like a very complex indicator but it's just to to show you guys that little by little you can extract some good information some good quotes that you can use in trading view with the time we will we will make better better indicators we will be teaching the robot what we want little by little and step by step we will find better combinations you can see here we can go to lower time frames just to see just to see which kind of signals the trade in both is giving us okay we can see here we have a by signal if we went to enter when when the bot give us the signal for long position we enter in this candle okay we put the stop loss before the last higher low okay and take profits always is depend off your dries to reward ratio okay I I you minimum I put one two to one I don't enter that trade if it's not minimum two to one okay here we have a a signal for short in the market in this candle if we went to open in this in this short position the same than before we put the stop loss a little bit higher from the last candle and take profits one to two or depends what is your three story word okay always minimum two two one okay okay like this we have already two wins one with a long position and one winner with a short position let's see if we can find another here we have another signal to go long with the the tool to go you learn we put stop loss before this one for example is for me storage case not it's not worth it to enter in this in this tray but you see what I mean is is not a bad indicator but we can improve a little bit more okay just to to give us signals that are a little bit more clear because for example here you see give us a long position just because the moving average close close and if we want to to enter in this trade in Long we will lose because straight away the market just pushed down okay here yes here we have a short position to enter in a short and we will let me just check just to further curiosity how much was stop loss higher than the last scandal okay race to reward here for example if you if you have more skills trading you can see here that we have a long time support here we have one touch to touch three touch okay this is working as a support okay we can expect that is gonna fall fall down to this support and rebound from there okay guys this is the video for today and see you in the next one [Music]

Channel: openAItools

Views: 48,083

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Id: 7DRWZRv6lr4

Length: 11min 34sec (694 seconds)

Published: Thu Dec 22 2022