Is AI-assisted EA development actually improving Gold (XAUUSD) strategies or just making overfitting easier? - page 3

 
Ryan L Johnson #:

Don't forget to list prompters who are only good at prompting!😂

I know, I know, kids... "vibe coding."😎

Indeed, they’ve actually made a career out of it ; prompt engineering... But that doesn’t change the fact that you still need to convey the business logic to the LLM, and in this specific case, that business logic is trading
 
I’ve been using AI for over half a year now, and I’ve noticed big differences between tools from different developers.
 
First off, some AI come with preset biased ideas built in. Once I asked it to create an MT5 EA that doubles returns monthly, and it straight-up said it was impossible. It even kept warning me about online investment scams. I really didn’t know whether to laugh or cry!
 
Another common issue is poor memory. If you switch between different tabs or windows during a conversation, the AI can’t share previous data at all. It loses all context and repeats the same mistakes. Even on the same page, if you upload large files like CSVs, it may cut off its memory and forget everything we talked about earlier.
 
Third, most of its knowledge is pulled from online sources. It tends to use any logically sound content it finds without second-guessing. You have to be extra careful here. For indicators like MA and Bollinger Bands, the outputs aren’t linearly proportional, so they simply won’t work for certain uses. I’ve wasted quite a lot of time figuring this out.
 
Last but not least, it can make vague and risky judgments. When trading starts running at a loss, it’ll just keep adding more filters blindly. It makes everything seem fine on the surface, but leads you further down the wrong path — and that can eventually result in a total account wipeout.
(Remarks: Thanks AI to translate Chinese to English)
 
I think it's a good idea to use AI. But you need to be careful not to make mistakes.