I am presenting the method he used as is:
We already knew that ChatGPT was incredibly efficient in the stock market, and the University of Florida even conducted an experiment on it, where they made a 500% profit.
But being able to make a transaction of $71,000 on your own is an absurd example. Let's dive into how you did it.
The person in question, Rekt Fencer, first chose a simple indicator to develop with GPT-4. He used Bollinger Bands, it may seem simple but he says the results are very good. I should say that it is an indicator that works quite well in my opinion.
He then says, “I chose a strategy that GPT-4 could build on.” The basic strategy he chose is also pretty simple:
➢ If the price is above the Bollinger band ➜ Long
➢ If the price is below the Bollinger band ➜ Short
After doing these, he converted the code to V5 and saved it.
Now here comes the nitty gritty. To develop the main strategy, he opened ChatGPT and pasted the code as is.
Here, he entered a prompt of his own and asked GPT to produce a strategy customized to his wishes.
He took the ready code, added it to Tradingview, ran the indicator and went into ambush. The model works so well that he says he makes a thousand dollars a day. I'm not saying it, the guy says it with live evidence.
This may seem a bit complicated, but it is a proven strategy. To be honest, I have been wondering how to use this crap on the stock market for a long time since GPT-3.5 first came out 1.5 years ago.
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