Create Custom TradingView Indicators Without Coding
A custom technical indicator based on your trading strategy can really help you in fast-paced trading. But not everyone knows how to code. That’s where artificial intelligence (AI) comes in. Thanks to modern AI tools, you can now develop your own TradingView indicators—even if you’re not a developer.
Here’s how you can do it step-by-step
1. Define Your Strategy Clearly
Write a detailed explanation of what you want from your indicator. Be as specific as possible.
- Do you want to detect trend changes?
- Should it include RSI, MACD, or moving averages?
- Do you want alerts when conditions are met?
The more details you provide, the better your AI-generated script will be.
2. Use AI to Write Pine Script Code
Texts for analysis can be generated using ChatGPT or any other code-generation tool based on Pine Script, the programming language of TradingView.
Simply input your requirements. For example:
Suggests a buy signal when the RSI drops below 30 and there’s a MACD crossover.
The AI will return Pine Script code tailored to your needs.
3. Test and Edit the Code in TradingView
Move the code into the Pine Script Editor of TradingView.
- Click “Add to Chart” to view it in action.
- If needed, return to your AI tool and ask for modifications (like color changes, alert levels, or smoothing logic).
4. Add Alerts and Optimize
Once your indicator looks correct:
- Set custom alerts based on your logic.
- Use backtesting on historical data to optimize performance.
5. Save and Reuse
After testing, save your custom indicator.
- You can use it across multiple assets or timeframes.
- Share it with other traders on platforms like TradingView or GitHub.
Final Thoughts
You can now create smart, custom tools without needing to be a coder. With the help of AI, building a TradingView indicator for your unique strategy is easier than ever. Whether you’re a beginner or an experienced trader, AI can help you gain better control and insights into your trading decisions.
