How to Use the TradingView Machine Learning GUI

Aug 10, 2023 | Data Science

If you’re looking to enhance your trading strategies on TradingView, you’re in the right place! The TradingView Machine Learning GUI is designed to help you create a stop loss/take profit strategy and use machine learning algorithms for hyper-optimization. This article will guide you through the installation and use of this powerful tool.

Project Overview

The TradingView Machine Learning GUI is not just a fancy name—it incorporates machine learning algorithms via sklearn to provide traders with improved parameters and forecasts. With multifaceted ratios like Sharpe, Sortino, Calmar, and more, optimizing your strategy has never been easier. Plus, it features a next-day closing price predictor to enhance your trading decisions.

Installation Instructions

Follow these steps to install the TradingView Machine Learning GUI:

  1. Download Firefox and the TradingView_Machine_Learning folder here.
  2. Extract the zip file to your Desktop and execute the TradeViewGUI.exe file.
  3. Copy and paste your Firefox profile path into the app.
  4. Log into your TradingView profile inside Firefox. Add the TradingView strategy you want to optimize, and use CTRL + S to save your chart. If you’re interested in a ready-made TradingView strategy, click here or create a custom one here.
  5. Enter your long and short parameters, then click the Run button.

Understanding the Code: An Analogy

Imagine you’re a captain navigating a ship in uncharted waters. The TradingView Machine Learning GUI serves as your compass and map, guiding you to the safest and most profitable routes. Each feature—like the stop loss/take profit generator and the next-day price predictor—acts like the stars you use to steer your ship through turbulent waters. The key ratios, such as Sharpe and Sortino, are like weather patterns, helping you decide when to sail or when to anchor down.

Tips for Effective Usage

  • Checkbox: Enable to hide the Firefox browser when the checkbox is checked.
  • Minimum/Maximum Long/Short Stoploss: Adjust according to the percentage of risk you are willing to take, typically between 1% and 30%.
  • Long/Short Increment: Choose your increment step size during parameter searches, defaulting to 0.1.
  • Max Attempts: Set the maximum number of attempts for the strategy to optimize, defaulting to 30.
  • Decimal Place: Specify the precision of your strategy search, with the default set to 1.

Troubleshooting

If you encounter any issues, consider the following troubleshooting steps:

  • Ensure that Firefox is properly configured with the correct profile path.
  • Verify that you have signed into your TradingView account and saved your desired chart.
  • Check for any updates or missing libraries in the package that may need installing.
  • If you experience persistent problems, reviewing the comments in your source code may help you pinpoint the error.

For more insights, updates, or to collaborate on AI development projects, stay connected with fxis.ai.

Final Thoughts

At fxis.ai, we believe that such advancements are crucial for the future of AI, as they enable more comprehensive and effective solutions. Our team is continually exploring new methodologies to push the envelope in artificial intelligence, ensuring that our clients benefit from the latest technological innovations.

Contact Information

For any questions, feedback, or discussions, feel free to reach out via email at robertroman7@gmail.com or connect on LinkedIn.

Thanks to all contributors and users for making this project possible!

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