Coding trading strategies – from Pine Script to Python and beyond
In the intermediate phase of my trading journey, I found myself crafting Pine Script indicators and strategies for clients. Pine Script is the coding language used to create custom indicators on the TradingView platform. Initially, I began this journey by developing tools for my friends in our private trading circle. As my proficiency grew, my clientele expanded through their endorsements.
Interestingly, many of the strategies proposed by my clients were not profitable. While these strategies had shown promising results over one or two months during the manual development and backtesting stages, they often failed to generate profits when deployed live. At times, any profits realized were more attributable to Bitcoin’s general bullish trend rather than the efficacy of the strategy. However, amidst this sea of underperforming strategies, some stellar performers sustained profitability over the years. The...