How do you builld an Expert advisor based on Artificial Intelligence
From your experience and research what advise would you give to someone trying to create an AI based expert advisor ,what to look out for what could be added ,what could be requirements in terms of computing power
- MQL5 Wizard: Development of trading robots for MetaTrader 5
- Creating Expert Advisors in the MQL Wizard
- Introduction
You ask gpt for a strategy , that is the least effective probably.
You create an avatar that somehow understands price action , althought i don't know how people do that .Then you have a monthly subscription to openAI for using that avatar.
Your EA communicates with openAI to get trading decisions.
Fastest route is the MT5 tester however as theres a genetic algorithm living in there that also has a custom max optimization so you could create your own "cultures".
It's not impossible mq is preparing something about neural nets (an applet like the tester i mean) as well . (speculation)
But i would call neither of those AI .
The official answer to this would be "There is no AI yet".
What is interesting with the gpt approach , if the "avatar" was trained on "articles" of trading then the """""AI""""" will trade like a human . (80% losing money , because humans have access to the same information)