Trading Strategies with Claude 3.7 Sonet

Introduction

• Presentation on using Claude 3.7 Sonet to automate TradingView indicators.
• Promises high profitability: 1600% profit, 80% win ratio.
• Step-by-step guide to creating two trading strategies:
  • Swing Trading Strategy (4-hour timeframe)
  • Scalping Strategy (1-minute timeframe)

Swing Trading Strategy

Initial Setup

• Open TradingView and select asset (e.g., Solana price chart).
• Locate the indicator: "Market Structure with Inducements and Sweeps" by Delux Algo.

Understanding the Indicator

• Key Concepts:
  • Change of Character (Chach): Identifies potential trend reversals.
    • Uptrend: Break of previous swing low.
    • Downtrend: Break of previous swing high.
  • Break of Structure (BOS): Confirms trend continuation.
    • Uptrend: Surpasses prior swing high.
    • Downtrend: Surpasses prior swing low.
  • Inducements: Helps avoid false entries/exits by filtering misleading signals.
  • Liquidity Sweeps: Targets areas of high liquidity, indicating price movement.

Building the Strategy

• Use Claude 3.7 Sonet to analyze the indicator script.
• Transform the analysis into Pine Script code for a robust trading strategy.
  • Incorporate stop-loss and take-profit levels based on Average True Range (ATR).
  • Add signal filters (e.g., RSI, volume).

Results

• Generated a complex 300-line code within minutes.
• Performance stats: 73% win rate (can be optimized to 80-90%).
• Total profit generated: over 570%.

Automation

• Create an account on Three Commas for automated trading.
• Steps to automate:
  1. Set account balance and position size.
  2. Connect crypto exchange/wallet.
  3. Create alert in TradingView with webhook URL.

Scalping Strategy

Indicator Setup

• Search for "High Low Cloud Trend" by Chart Prime.
• Understand its features:
  • Dynamic bands indicating volatility and potential breakouts.
  • Mean reversion points for strategic entries/exits.

Developing the Scalping Strategy

• Use Claude to analyze the Cloud Trend indicator for scalping.
• Request Pine Script code for a scalping strategy capturing quick market moves.
  • Include dynamic stop-loss and take-profit using ATR.

Performance Evaluation

• Troubleshoot and refine strategy for optimal execution.
• Ensure win rate and profit curve are robust, not curve-fitted.
• Suitable for 5-minute scalping as well.

Conclusion

• Two professional-grade trading strategies created quickly and for free.
• Links to strategies provided in video description.
• Encouragement to like, subscribe, and ask questions.