OpenAI o3 can now BACKTEST and IMPROVE your Trading Strategy! HOLY MOLY! (OpenAI, TradingView)
AI Summary
- Introduction to OpenAI’s 03 Model:
- OpenAI released the 03 model, which is capable of conducting proper back tests.
- Presenter shares impressive back testing results from the Hulwood strategy on Trading View.
- Key metrics: 590% profit, 71% max drawdown over 61 trades with 37 profitable trades.
- Comparison with 03 Model:
- The 03 model produced similar results with only slight variations.
- Emphasis on the importance of utilizing AI for trading strategies to stay ahead in the market.
- Methodology:
- Tips for utilizing the 03 model:
- Provide screenshots of strategy parameters to the AI.
- Export Trading View data as CSV for accurate back testing.
- Steps noted for exporting chart data from Trading View.
- Improvements in Strategy:
- Continued interaction with the AI led to modifications that improved the strategy’s effectiveness.
- New strategy metrics: 581% profit with a max drawdown reduced to 20%.
- Conclusion:
- AI technology is rapidly evolving, and timely adaptation can yield substantial trading benefits.
- Presenter plans to further explore strategies while traveling.
- Reminder to leverage specific back testing libraries for accuracy in results.