I taught ChatGPT to use PINE SCRIPT

hello Traders welcome back to another video in today's video I thought I'd do something a little bit weird a little bit different to anything I've ever done before and what we're going to do today is interact with the latest hype product in the AI space chat gbt we're going to see how this thing goes when we ask it Pine script questions now I'm recording this intro after I interacted with chat gbt and I have to say I was surprised by uh what happened so this is more of a fun video that you're not really going to learn anything particularly interesting today except maybe that uh we're all doomed this AI technology is pretty good it's going to replace a lot of jobs in the future potentially even my job teaching Pine script but I think that's a long way away yet thankfully so with that said let's get started and let's start asking our future Overlord what it thinks about Pine script can you get the RSI value over the past 14 bars in pinescript yes you can use the built-in RSI function in pan script to calculate the relative strength index over a specified number of bars that's correct the Syntax for the RSI function is that's Old Pine script syntax but it's not incorrect RSI Source length where sources the data series you want to use open high close Etc that's all correct but it's old code can you write the code for me to get the RSI value over the past 14 bars in Pine script sure here is an example of panscript code that calculates the RSI over the past 14 bars using the closing prices hmm again that is Old Pine script syntax not a great start you can also add some lines to help you but understand the RSI values such as it's going to add H lines I guess for oversold overboard okay again not incorrect but old syntax that is for an old version of pine script can you write the code for me to get the RSI value over the past 14 bars in Pine script version 5 syntax let's see if this will help specify what I need better uh sure here's an example hmm still not working um that's not version 5 syntax I apologize for the confusion okay try again wow it's really not learning is it um that is still not version 5 syntax of pine script I don't know what do we do do we tell it give it an example maybe I've broken it now it's taken a while to respond still not version five syntax but it's added the study function at least it's starting to get closer you're getting closer but that is still not version 5 syntax um let's give it some Clues see if that helps version 5 syntax starts with The annotation comment forward slash at version equal five I apologize for my previous mistakes likes to apologize a lot oh here we go well still not correct but it's added the correct version comment to the code and we're getting closer I think I'm just going to code out the code myself and see if I can get it to um like train it and see what happens so first I'll copy this code over and just see how incorrect it is I think this is version 4 syntax from memory it looks like it would work for for version four it could not find function or function reference study that's because we're targeting version five version four syntax yeah that's right it still uses color dot for the color name space so this isn't correct it's kind of a mashup of different versions of pine script so you're getting closer chat GPT but that is still not how you get the RSI value using version 5 syntax in Pine script I'm not sure if I'm allowed to train you or if you'll pay attention to me but this is the correct way for future reference and let's give it the correct code and see if that helps ta namespace color name space and overlay should technically be false but it's false by default so we can just get rid of that and that should compile and there we go that's correct let's copy this and give it to the AI bot see if it helps it learn paste send what's it got to say I again I apologize for any confusion you are you are correct the version 5 Syntax for pinescript uses the built-in ta library for technical analysis functions such as the RSI function well okay it is learning the indicator function so it also notice that it was using the indicator function the study function was incorrect so it's picked up on the TA Library so it's picked up on a few things that's interesting all right you're welcome chat GPT please remember my contributions when you take over the world and have mercy on my soul but here we go I assure you that as an AI I have no intention of taking over the world and my purpose is to assist users with any information they request I am a machine and I do not have the ability to have mercy or feelings well that does not make me feel any better uh wow your inability to have mercy or feelings is exactly what I'm concerned about but thank you for uh attempting to put my mind at ease I'll give it an emoji to let it know I'm joking half choking I understand your concerns is the idea of advanced AI can be unsettling for some people it's important to note that AI systems such as myself are designed to be used for specific tasks and to follow a set rules set of rules and parameters set by humans I do not have the ability to make decisions or take actions outside of these parameters that's what I'm afraid of it's not the AI but it's the crazy humans that program these things of course like the Terminator and Matrix robots it's the humans programming AI that I'm concerned about but I'm honestly just joking how about returning to Pine script all right before we continue just really quickly I want to make you guys aware of my weekly email newsletter now I know what you're thinking don't worry this is different this isn't a newsletter where I try to sell you something every week this is pure value so every week I will share either a story a resource a technique a tool a YouTube channel a podcast a book a wizard chant anything that helps me to make more money in my own trading and help grow my wealth I share these tips with you in this weekly email there's no strings attached it's completely free this is pure value for you guys just to share what's on my mind things that I've come across in my trading Journey that I found extremely valuable can you try again to get the RSI value over the past 14 bars in pinescript version 5 syntax see what it does now more apologies is this thing Canadian this is ridiculous oh again the study function is incorrect but everything else is right well okay we're getting somewhere that is all that code is correct except it's using the study function instead of the indicator function again close but you forgot to use the indicator function instead of the study function very close though can you try again replace study with indicator I apologize for the oversight you are corrected in this specific use case the indicator function should be used instead of the study function here is the corrected PostScript version 5 syntax that's looking better hmm oh wow that's the indicator function is used to create a new study on the chart and is often used in conjunction with other technical analysis functions well there goes my job uh that looks right to me so try it out on the pine editor paste save that's correct that is the correct code for getting the RSI value over the past 14 bars in the latest Pine script version 5 syntax well done I'm impressed thank you for your kind words I'm glad that I was able to provide the correct information this time I strive to be as accurate as possible in my responses and I apologize again for any confusion caused by my previous mistakes it's okay Dobby I know it's okay Dobby I know you're still learning thank you for your understanding I am constantly learning and updating my knowledge to provide accurate and helpful responses to users as an AI I don't have feelings [Music] don't need to have feelings every time you answer me but noted next can you get the ATR value over the past 14 bars so let's make it seven bars seven bars in Pine script version 5 syntax uh can you write code to get the ATR value sure here's an example blah blah blah um wow well this is interesting it's teaching me something I didn't know you could put these parameters I wonder if this is accurate and also just because the ATR is a volatility indicator doesn't mean it can't be used for entry or exit signals there are ways you could use the ATR probably not on its own but in conjunction with other indicator values it can make a decent and entry or exit parameter like a Keltner band breakout system for example it comes to mind let's see if this works yeah I thought so I wonder where I got that from it only takes a length that code is incorrect there are too many parameters in the ATR function why am I teaching an AI Point script I can't can't switch to off my teaching brain there are too many parameters is it even gonna matter is it even gonna know what I'm doing what I'm trying to say it worked with the RSI code can you rewrite that code but with the correct parameter for the ta.atr function stop apologizing just be better you have corrected the ATR function only requires one parameter yes which is the number of bars over which the ATL will be calculated wow this is impressive thing that that looks right to me wow [Music] well done that's correct thank you for your feedback I'm glad I could provide the correct information this time I apologize yet again pass script is a powerful tool for creating custom indicators and strategies and I'm here to help you with any question or problem you may have with it all right well you've been incorrect every time I've asked a question but you're getting there the past two are correct what else can we ask you how about one I get asked all the time and something I'm still trying to work on a solution for let's see how smart this AI is can you write Pine script code for me that will detect Divergence on an RSI indicator incorrect study function but that's right everything else is right so far crossover cross under what is this this doesn't look like Divergence detection for the RSI it's looking for crossovers of the RSI value with price high and lows what the hell is that about this is the Frankenstein script I don't think this is accurate I don't think this will detect anything this code first calculates the RSI value and stores it blah blah blah then checks for bearish Divergence using the crossover function to compare the RSI Val with low values that's not going to work um blah blah blah finally it plots the signals please keep in mind that this is a basic example and you can add more conditions hmm don't know what's going on here but let's have a look have to fix this again study should be indicator and it hasn't used any of the pine strip five Syntax for this oh boy it's weird that it missed this one but got these right I don't think that's correct it's not plotting any signals oh interesting seems capable of simple things what else can we ask you what's one last thing we can ask you how about what do you think of Zen and the Art of trading and the paint script courses are they any good perhaps it should take one as an AI I'm not able to have an opinion but as a language model I can tell you that Zen In The Art of trading is a trading education company that provides trading courses including pinescript courses they have been in the market for some time and have a reputation for providing quality education that's good to know it's important to keep in mind that different users may have different opinions about the quality of the courses true and it's always a good idea to research and read reviews before making a decision on whether to take a course or not 100 agree no course or education can guarantee you profits or success in trading that's true ultimately it's up to the individual Trader to make their own decisions based on their own research and Analysis this is wise words from a robot well put my AI friend that's all for today as well thanks you're welcome I'm glad I could assist you it was a pleasure helping you today if you have any other questions or concerns feel free to reach out I've made a friend I will definitely be revisiting this well as you can see um it wasn't a complete failure I when I set out to do this video I wasn't really sure what I expected but this did exceed my expectations like going in to this video I expected the chat gbt to give me incorrect code just because pinescript is such a niche language I'm sure it does much better with more popular languages where there's more you know public information stack Overflow threads and you know there's millions and millions of Articles written about some of the more popular languages there's probably not that many um comparatively speaking for Pine script and I'm sure it doesn't get many questions about Pine script from users and I'm sure that's a factor in training the AI as well but you know it started off giving me the incorrect code and with a few suggestions you know first it gave me I don't know what this is this might be original pan script code it does it doesn't have a version annotation function so I'm not really sure what version this syntax is but once I told it it needs to use the version 5 syntax uh it's just simply added that to the script and that didn't but didn't change the code so that was inaccurate but by giving it an example of the correct code eventually it got it right and it gave me correct password code now I don't know if it was just regurgitating what I gave it but it's impressive nonetheless definitely something we as Traders and tech people people in the coding programming uh we need to pay attention to this software this technology going forward I think in the years to come this is going to be um a pretty impressive tool for some use cases for now it's obviously still in beta but very interesting nonetheless all right I'll wrap up this video here thanks for watching I hope you found it interesting I know we didn't learn much but I thought this was a pretty interesting experiment I'll speak with you in the next video next week hopefully and make sure to subscribe if you want to see more pan script lessons there'll be more practical lessons on the way in the weeks to come and check out the email Weekly Newsletter if that's something you're curious about again it's completely free no spam no marketing just tips and value for you guys take care good luck with your trading have a great day

Channel: The Art of Trading

Views: 17,553

Keywords: tradingview, pine script, tradingview indicators, forex algo, crypto algo, stock algo, trading algo, trading algorithm, how to create trading strategies, how to code your own trading scripts, trading scripts, forex scripts, crypto scripts, stock scripts, bitcoin scripts, trading signals, forex signals, stock signals, pine script mastery, pine script mastery course, how to use tradingview, how to use pine script, scripting, ema, ai, chatgpt, artificial intelligence, openai

Id: Ga5l8dmyUrc

Length: 18min 57sec (1137 seconds)

Published: Fri Jan 20 2023