PineScriptWizard
PineScriptWizard is an AI-powered tool that generates Pine Script strategy and function code for TradingView from plain English.
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What is PineScriptWizard?
PineScriptWizard is an AI-powered ChatGPT code generator specifically designed for creating Pine Script strategies and indicators for the TradingView platform. The tool transforms plain English descriptions of trading strategies into functional, optimized Pine Script code within seconds. Users simply write what kind of Pine Script code they need in text format, click to generate the code, then copy and paste it into TradingView's Pine Editor.
Key features include AI code generation that creates custom Pine Script for indicators and strategies like moving average crossovers, Bollinger band systems, trend-following, mean-reversion, and breakout systems. The tool offers automated error resolution where users can paste compilation error messages back into the chat for AI-assisted troubleshooting and fixes. It provides detailed implementation guidance with step-by-step instructions for opening the Pine Editor, saving scripts, adding to chart, and adjusting strategy settings. Users can customize strategies by defining entry/exit rules, stop loss, and take profit levels.
The tool is designed for traders, financial analysts, quantitative analysts, portfolio managers, hedge fund managers, investment analysts, and anyone interested in TradingView who lacks extensive coding knowledge. It makes Pine Script development accessible to non-programmers, enabling quick strategy prototyping and helping beginners learn Pine Script development. The chat-based interface allows users to specify trading system types, preferred indicators, trading rules, market side (long/short), and risk management parameters.
PineScriptWizard pricing
Pricing model: Paid
Pine Script Wizard operates on a subscription-based monthly pricing model. The homepage version is free but produces lower quality code. The Starter Plan is $9/mo for 1 user with 10,000 tokens (7,500 words), 12,000 tokens prompt size, powered by ChatGPT, cancel anytime. The Pro Plan is $49/mo for 1 user with 70,000 tokens (52,500 words), 120,000 tokens prompt size, powered by ChatGPT-4, cancel anytime. The Advanced Plan is $97/mo for 1 user with 170,000 tokens (127,500 words), 120,000 tokens prompt size, powered by ChatGPT-4, cancel anytime. A new version at app.pinescriptwizard.com requires a separate subscription.
PineScriptWizard pros
- Generates Pine Script trading strategies automatically from text descriptions
- Reduces coding complexity for traders without programming experience
- Helps beginners learn Pine Script development through practical examples
- Allows quick strategy prototyping in seconds
- Automated debugging system fixes compilation errors automatically
- Supports multiple strategy types including trend-following and breakout systems
- Provides step-by-step implementation guidance for TradingView
- Allows customization of entry rules, exit conditions, stop loss, and take profit
- Powered by ChatGPT fine-tuned specifically for Pine Script coding
- Simple three-step process: describe, generate, copy to TradingView
- Generates optimized and accurate code suitable for TradingView platform
- Interactive error feedback loop for iterative script refinement
- Affordable starter plan at only $9 USD to get started
- Higher quality code output with paid account compared to free homepage version
- Cancel anytime subscription model with no long-term commitment
PineScriptWizard cons
- Free homepage version produces lower quality code than paid account
- Requires stable internet connection for AI features and error feedback
- Supports only Pine Script, not other programming languages for trading
- New users may experience learning curve with AI interaction
- Users must have clear detailed understanding of trading strategy
- Limited public feedback and user reviews available
- May require manual code review and testing before real trading
- Cannot guarantee strategy performance in live markets
- Potential for generating suboptimal code that needs refinement
- Complex strategies may break or require additional debugging
Frequently asked questions about PineScriptWizard
What is Pine Script Wizard AI?
Pine Script Wizard AI is an AI-powered ChatGPT code generator fine-tuned for Pine Script coding that creates TradingView strategies and indicators. It turns plain English descriptions of trading strategies into functional, optimized Pine Script code within seconds, helping traders and analysts build trading systems without writing complex code.
How do I use Pine Script Wizard?
Follow three steps: Step 1 - Write in text format what kind of Pine Script code you need. Step 2 - Click to let Pine Script AI generate optimized, accurate code for TradingView. Step 3 - Copy and paste the code into TradingView Pine Editor. If there are errors when saving/compiling, paste the error back into the chat so AI can fix it for you.
What strategy types can Pine Script Wizard create?
The tool creates various trading strategies including trend-following systems, mean-reversion systems, breakout systems, moving average crossovers, Bollinger band systems, and custom indicators. Users can specify their preferred strategy type along with indicators, settings, entry/exit rules, and market side preferences.
How does the error resolution feature work?
If errors occur when saving or compiling the code in TradingView, users can paste the error message back into the Pine Script Wizard chat. The AI will analyze the error and provide corrections to fix the code, enabling an iterative debugging process that helps non-programmers resolve compilation issues.
What is the difference between free and paid versions?
The homepage version is free but is not as good as the paid account. The paid account at $9 USD to get started provides higher quality Pine Script code output. Paid plans also include more tokens, larger prompt sizes, and access to ChatGPT-4 in Pro and Advanced plans.
Can I customize stop loss and take profit levels?
Yes, users can define specific Take Profit and Stop Loss levels when describing their strategy. The tool prompts users with questions about their trading system type, preferred indicators, entry/exit rules, market side (long or short), and desired take profit and stop loss levels for personalized strategy customization.
Which Pine Script version does it generate?
The tool generates Pine Script code that starts with //@version=4 or //@version=5 depending on the version the user needs. The code adheres to the latest Pine Script standards and is optimized and accurate for the TradingView platform.
Do I need coding experience to use Pine Script Wizard?
No coding experience is required. The tool is designed to make Pine Script development accessible to non-coders and beginners. Users simply describe their trading strategy in plain text, and the AI generates the code. This enables traders without programming knowledge to create custom TradingView strategies and indicators.
What happens if I cancel my subscription?
All plans (Starter, Pro, Advanced) include a 'Cancel Anytime' option, meaning users can cancel their subscription at any time without long-term commitment. The monthly billing frequency allows flexibility to try the service and cancel if needed.
Is the generated code safe for actual trading?
No. The disclaimer states that AI-generated code is for educational purposes only and should not be used for actual trading without proper testing and analysis. Trading involves risk, and users should carefully consider their objectives and experience level before making decisions. The author is not responsible for losses from using the generated code.