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Today's video is going to be an exciting one as I'll be sharing a simple trading strategy for Bitcoin that I've developed, with the help of ChatGPT.
I approached ChatGPT with the idea of creating a trading strategy, and after discussing a few options, we landed on an interesting one.
I then tasked ChatGPT to code it in PineScript, the programming language used on TradingView, so I can backtest and optimize it.
After some back and forth and a bit of fine-tuning, we came up with a practical strategy code.
After that I went ahead and optimized this strategy specifically for the BTCUSDT 10-minute chart, and the results were impressive.
With a 2% risk per trade and a maximum drawdown of 15%, this strategy has outperformed Bitcoin buy and hold over the last 4 years.
Today, I'll walk you through the strategy's rules, delve into the results more deeply, and share the source code with you, all for free.
The pinescript strategy code: drive.google.com/file/d/183gK...
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Chapters:
0:00 Intro
0:52 IMPORTANT ANNOUNCEMENT (New Channels)
3:09 Building A Strategy With ChatGPT
4:07 Indicators & Rules Of The Strategy
12:17 Backtest Results
15:04 Outro
Disclaimer:
Historical results does not guarantee future profits.
None of the strategies presented on this channel are trading or financial advice, I am not a financial advisor. Do your own research before using any strategy for live trading.
#chatgpt4 #aitrading #cryptotrading