{quote} Are you a coder too ?
Vucking good EA coder... https://t.ly/AZjRM
- #21
- Jun 7, 2023 1:58am Jun 7, 2023 1:58am
- Joined Aug 2015 | Status: Coding Magician | 2,676 Posts
- #24
- Jun 7, 2023 9:20pm Jun 7, 2023 9:20pm
- Joined Apr 2009 | Status: Live and learn. | 25,177 Posts
I have been playing with ChatGPT & it's been fun. I started using Bard to query about stocks - I could see Bard supplanting your typical stock screener for many things (ChatGPT doesn't have access to current data, while Bard does.) Here's a quick example:
"If The Fool persists in his Folly he will become wise." - William Blake
- #25
- Jun 7, 2023 9:28pm Jun 7, 2023 9:28pm
- Joined Apr 2009 | Status: Live and learn. | 25,177 Posts
here's another:
"If The Fool persists in his Folly he will become wise." - William Blake
- #26
- Jun 7, 2023 9:36pm Jun 7, 2023 9:36pm
- Joined Apr 2009 | Status: Live and learn. | 25,177 Posts
here's another:
....no. Basically he wrong about everything. The 10-delta call I wanted is at strike 1990, with current prob of expiring otm 91.78%....oh well. I'm still impressed with these programs, though: they spit out detailed answers to complicated questions in mere seconds....the problem though is that they are the wrong answers.
I have had many funny convos with ChatGPT where it gave me an answer, I explained why it was wrong, it tried again,...again and again, always wrong. Always polite about it though....
"If The Fool persists in his Folly he will become wise." - William Blake
- #28
- Jun 8, 2023 10:37am Jun 8, 2023 10:37am
- Joined Aug 2015 | Status: Coding Magician | 2,676 Posts
Vucking good EA coder... https://t.ly/AZjRM
- #34
- Edited 6:10pm Jun 10, 2023 4:07pm | Edited 6:10pm
- Joined Aug 2018 | Status: Trader | 7,848 Posts
- #35
- Jun 10, 2023 10:29pm Jun 10, 2023 10:29pm
- Joined Aug 2018 | Status: Trader | 7,848 Posts
I created this in chatGPT. I wouldn't trust it. I haven't tried any mql5 as of yet. {file}
With the editor I posted earlier, I can't seem to link custom indicators. Maybe I have to give it exact location of the file.
I can only make mechanical EA's. I'm sure there is a tutorial somewhere.
What did you use to make this bot?
Also interesting that you could insert an image, Gives it personality.
EURCHF (only cause it happened to be on my tester) since June 1
{quote} That's a cool bot. I'm pretty sure I saw that posted on a site that listed top 15 ChatGPT Bots... With the editor I posted earlier, I can't seem to link custom indicators. Maybe I have to give it exact location of the file. I can only make mechanical EA's. I'm sure there is a tutorial somewhere.
Understood. So, the updated "Plan 1" would now incorporate a stop-loss strategy which is 21 pips beyond the 50-period EMA.
Here is how "Plan 1" would look with this modification:
**Indicators:**
1. **10-period EMA**: Used to gauge the momentum of the movement and as an exit signal for both long and short trades.
2. **20-period EMA and 50-period EMA**: These are used to identify the trend direction.
3. **RSI (14)**: With overbought level at 80 and oversold level at 20.
4. **Bollinger Bands**: Standard settings (20,2) to identify potential overbought and oversold conditions.
**Entry Rules:**
*For a long trade:*
- The 20-period EMA crosses above the 50-period EMA.
- The RSI drops below 20, indicating that the market is oversold.
- The price touches the lower Bollinger Band.
*For a short trade:*
- The 20-period EMA crosses below the 50-period EMA.
- The RSI rises above 80, indicating that the market is overbought.
- The price touches the upper Bollinger Band.
**Exit Rules:**
*For a long trade:*
- Close the trade if a 1-hour candle closes below the 10-period EMA.
*For a short trade:*
- Close the trade if a 1-hour candle closes above the 10-period EMA.
**Stop-Loss Rules:**
- For a long trade, place the stop loss 21 pips below the 50-period EMA.
- For a short trade, place the stop loss 21 pips above the 50-period EMA.
As always, ensure to backtest this plan thoroughly and apply solid risk management principles when live trading. If you have any more questions or need further adjustments, feel free to ask!