Has AI Changed Your Trading Strategy? | Forex Factory

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Has AI Changed Your Trading Strategy?

  • #1
  • First Post: Aug 25, 2024 10:50am Aug 25, 2024 10:50am
With all the advancements in AI, I'm curioushas AI changed your trading strategy? Are you still relying solely on traditional indicators, or have you started incorporating AI tools into your trading mix?
Id love to hear your thoughts on how AI has impacted your trading, if at all. Have you seen better results, or do you still prefer the tried-and-true methods?
  • #2
  • Aug 29, 2024 6:40pm Aug 29, 2024 6:40pm
Like AI can't tell who is next U.S president. I can't trust AI.

On mt5 markets many ea claimed it's AI enabled, you may try them a try on demo accounts.

FYR:
Below is Machine learning EA on Github 5 years ago. emm, Not grow into a hot topic

https://github.com/kartikmadan11/MetaTraderForecast
  • #3
  • Oct 1, 2024 9:28pm Oct 1, 2024 9:28pm
Quoting phrixusong
Как ИИ не может сказать, кто будет следующим президентом США. Я не могу доверять ИИ. На рынках mt5 многие...
I guess you want too much from him. But if only it were that simple. Artificial Intelligence is just an extensive library. Based on her data, he can only give vague information about the next US President.

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That's why I use it to write Expert Advisors. He also has a database of open source Expert Advisors that have been shared. Why not give it a try? Of course, in this case, the main thing is a working trading system, if it does not make a profit, then the adviser will not show good results. However, this also makes it possible to check the trading system itself quickly enough using a tester, isn't it? I am attaching one of the variants of such an adviser.

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File Type: mq4 Strizh_D+Н(GPT-4o).mq4   17 KB | 490 downloads
  • #4
  • Oct 11, 2024 12:22am Oct 11, 2024 12:22am
AI is entering everywhere it is going and all places and all industries. for trading also it is giving trading analysis and strategies and all. for me also it is helping with strategies.
  • #5
  • Oct 13, 2024 5:43am Oct 13, 2024 5:43am
As an industry, the progress thats been made with AI in trading has been disappointing, but not totally unexpected. Most of what the trading industry engages in isnt actually AI, its trained machine learning. Or more appropriately its a model that someone developed, then used a ML algorithm to try and optimize its variables to control for fitment.
The problem though is that the hedge fund industry, is calling that AI. Calling something AI, whether its actually AI or not, has added a bit of buzz to the marketing. So when the results dont radically outpace returns from other strategies (after all why would they they are essentially the same as other strategies) the hedge fund investor base gets burned.
There are some people out there using actual untrained heuristic AI systems to try to trade the market, but those guys are experts in tech not markets, and dont understand the research goals. They dont usually understand any more about how markets work than your typical retail investor - which is to say not at all.
So, up to now I dont think AI has helped much in the way that you imagine with your question. I think it may one day, in fact Id go so far as to say it probably will. But its going to be a while before a person with the right knowledge is going to be able to get together with all the right resources to make it happen.
  • #6
  • Oct 26, 2024 1:56pm Oct 26, 2024 1:56pm
I have found it useful to train ML models to be used as a filter for classic TA based strategies.
  • #7
  • Nov 1, 2024 12:40am Nov 1, 2024 12:40am
very big change for me is that chatgpt can code a strategy by my rules and then i can back test it and see if its actually working.

and the results are interesting. most classic strategies are not profitable really. then again money management can vary the result a lot.
  • #8
  • Nov 1, 2024 2:26am Nov 1, 2024 2:26am
What change!

Trading is the same, buy the break out or the retracement & range trading.

The only thing that AI have changed to me is just more mess except from some useful tips that I must go back to my books to find and AI chats can save me time!
Looking for profitable short term trades ...|
  • #9
  • Nov 1, 2024 3:14am Nov 1, 2024 3:14am
with having my own EA I was able to back test. systems that i was sure are profitable were not etc.

and also if i wanted to use EA who would code it for me so many times for free?
  • #10
  • Nov 1, 2024 3:45am Nov 1, 2024 3:45am
Quoting Katler
As an industry, the progress thats been made with AI in trading has been disappointing, but not totally unexpected. Most of what the trading industry engages in isnt actually AI, its trained machine learning. Or more appropriately its a model that someone developed, then used a ML algorithm to try and optimize its variables to control for fitment. The problem though is that the hedge fund industry, is calling that AI. Calling something AI, whether its actually AI or not, has added a bit of buzz to the marketing. So when the results dont...
Agree with you Katler, AI has become a buzzword in today's standards even though it's humble beginnings was 1956. Marketing is what is changing most of the industries but given the rapid developments in artificial intelligence, I think we traders alike will have access to our own machine learning models soon that will spit out signals for us to take (and understand HOW the models obtained the signals) which could again change markets. I remember back in the day you only had to advertise your business if you needed work, where as everyone knew your company or business through word of mouth, recommendations or a business card in the letterbox.

It's an exciting time though, what a world we live in. When will the machines take over!?!
A big dog
  • #11
  • Nov 2, 2024 12:45am Nov 2, 2024 12:45am
Quoting Tawann
With all the advancements in AI, I'm curioushas AI changed your trading strategy? Are you still relying solely on traditional indicators, or have you started incorporating AI tools into your trading mix? Id love to hear your thoughts on how AI has impacted your trading, if at all. Have you seen better results, or do you still prefer the tried-and-true methods?

AI IS A BS unfortunatelly.

I tried nany things, but the current of the AI can not help us.
  • #12
  • Nov 2, 2024 8:56am Nov 2, 2024 8:56am
Quoting Vitez
with having my own EA I was able to back test. systems that i was sure are profitable were not etc. and also if i wanted to use EA who would code it for me so many times for free?
AI coding can range from "perfect" to "are you a moron"
  • #13
  • Nov 13, 2024 2:00pm Nov 13, 2024 2:00pm
Elon loves A.I.

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It takes a lot for me to IGNORE you, but you can try.
  • #14
  • Nov 15, 2024 1:09am Nov 15, 2024 1:09am
Yes, it will make mistakes, but you can simply copy and paste the errors, and ChatGPT will fix them.

It works! So go ahead and try it. Create your systems!

I never imagined the results!
Systems I was confident were profitable turned out not to be. And seeing how money management affects the results is eye-opening!

Its truly amazing, and I regret not hiring someone in the past to teach me how to code. I would have saved so much time and money staring at charts, unsure if I was on the right track.

With backtesting, that problem is gone. Im no longer manually pressing the trade buttonits all automatic now!

There you go - chat also corrected this post for me =)
  • #15
  • Sep 4, 2025 11:24pm Sep 4, 2025 11:24pm
I've used AI to spot patterns Id probably miss on my own, but I still double-check everything before making a move. Helps speed things up without replacing my judgment.
  • #16
  • Dec 4, 2025 12:01pm Dec 4, 2025 12:01pm
It's really weird to me that traders don't use ai much in this forum. in fact none of the active threads in FF is AI related (show me if I'm wrong). I don't even understand why people spend lots of time analyzing charts while the AI does that better than you with whatever strategy you want, even your own strategy. You just explain your strategy to chatgpt (if you've created your own strategy) or if you don't have a strategy pick from any known ones like SR, ICT, trendline, patterns, or anything else. Then tell the AI that you are an expert at [strategy] and give it a pic from the chart you wanna be analyzed. you see that it analyze it way better than you and not to mention way faster.
  • #17
  • Last Post: Dec 5, 2025 5:09pm Dec 5, 2025 5:09pm
Quoting CipherMindAI
It's really weird to me that traders don't use ai much in this forum. in fact none of the active threads in FF is AI related (show me if I'm wrong). I don't even understand why people spend lots of time analyzing charts while the AI does that better than you with whatever strategy you want, even your own strategy.
Can only talk for myself in this case. I have tested ai (creating and testing indicators and other stuff) and it is not working as good as the tech bros are claiming. So, apart from the typical marketing yada yada and big promises.

Why would I give up to trade my already existing and long term tested strategy and leave it to a machine which can't cope halfway with what I am doing?
Why should I pass my knowledge to a machine just to have it converted into the ai slop to be available for others?
And in conclusion. A strategy that fits you does not need to be refitted.

I am not against ai per se. I find it funny sometimes to create music, videos or pictures with it. However, concerning forex, I will not change the way I trade because there is a technology on the market which claims to do things better than humans.
Hope you take it in the right spirit.
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