Hi Guys. So in today's video I will tell you how you can develop your own trading strategy using the free version of Cloud. You can backtest that strategy to check its results. Plus you can optimize it even more. So that it gives you more efficient and better results. And to do all these things you do not need to have any kind of trading experience. Nor do you have to write a single line of code to do all this. And trust me, whatever I am going to tell you in today's video, after 2 to 3 months from today, people will teach you all these things by selling you courses worth Rs 20 to 25,000. I just have a small request to you here that please watch this video till the end without skipping. And the reason for this is that here I will tell you the complete step by step method of developing a trading strategy. You may encounter additional errors when you apply the same method. Because this is an AI which is very possible. So in this video I will also tell you some bonus points upfront or in the middle of it, so that if you see any such error which can possibly come, then you can easily fix it within a minute. So the video is going to be very informative. I just have a small request to you that if you find this video valuable then only like this video at the end and please subscribe to the channel. And also, hype this video so the YouTube algorithm can push it to new viewers. So with this let's start our video. So here first of all let me tell you that I am explaining this entire method to you on Clot. This does not mean at all that this chat will not work on GPT or any other tool. I have used every tool to run this method. According to me, I felt that I got the best result from it on clots. And plus, the errors here were very less and it was also very easy to fix them. That's why I'm personally using Clout. You can use any other tool if you want. And here, if I take you to Clot, then you may see that here I have a Pro Plan, that is why I am using it because my usage of Clot is quite extensive. So its tokens get added. But if you use it only for this method then it will be easy for you with the free version only. So here you have to write the first prompt which you are seeing on your screen that here you have to mention that you are a highly experienced trader who has 15 years of institutional level experience in trading. And here we have asked him to search the entire internet to test the best trading strategy that works for the Indian market and see which strategy has the highest proof of back tested data and out of those you shortlist the best three strategies for us. So its entire process will run. Now this will take some time because. So here I have skipped this entire part and will directly take you to its results. So look, here we have got the result. Where Claude first explains some traps that are seen in many strategies. Due to which Claude Claude did not select those strategies which are popular in the market. And here Claude has selected three strategies for us. Now let me tell you here that I am only considering that I am a complete beginner and I do not know what these strategies are and how they work. Ok? So here first of all we select our strategy one. The reason is simple, CLOT says which strategy has the strongest evidence and this backtested data is quite large. So here we go with this strategy one. Now after this comes our next problem where we are asking Clout to give us the exact logic of this entire Strategy One. So, after running this, the entire cloud has given us an exact strategy as to how this entire architecture is working. What is the core concept in this? Everything and here let me tell you that we do not need to understand this entire strategy. I will only tell you how to convert this strategy into a Pine code. But before we come to these steps, in today's video we are discussing trading. I would like to tell you about a tool that is becoming a game changer for scalpers in the trading industry. I am talking about CPMT's new dedicated scalper mode which comes with some industry first features. Now here I will give you a quick overview of their scalper mode. So as soon as you go to the home page of the CPT application, you will see the scalper mode option separately here. So you have to click on this. And as soon as you click, you will see a dedicated one screen setup for scalpers. Now look what happens in normal trading applications is that you have to check four to five different screens to track everything. Like the index chart is done, the spot chart is done, your orders are placed. What are your positions in that too? What is your portfolio? And when you track all these things on four to five different screens, you miss the opportunity and move in the market. But here you can see that with the help of their one screen tab, you get to see the charts of call option on the top with spot price overlay and at the bottom you get to see the charts of put option with spot price overlay. Now it is so easy, here you have to enter the quantity below and if you want, you can buy that much call or put and here you can easily execute your trade from here without shifting any screen. Now after this comes their second interesting feature, their automatic stop loss and take profit feature. Where all the scalpers are manually switching between five to six different screens. In such a situation, if we assume that they are trading on a 20 second trading window, then it often becomes impossible for them to place a stop loss. Because practically this is not possible. So here in this feature of scalper, you can set auto stop loss. You can select any number in that also. Let's suppose we have done 5% here and in profit we have selected 10% here and as soon as you apply this, this feature of yours will get implemented and automatically your profit and spot loss stop loss will get executed in every trade of yours. Now after this comes their last industry first feature which is their reverse feature. Here, let us assume that you bought a call option and as soon as you bought it, there was a reversal in the market. So what will you do here? You will exit through call option. You will navigate to the put option. You will see the strike price. In the market, you will see whether you are getting the same expiry and lot size or not and then you will buy the put option in it and it will take you at least 30 to 60 seconds to do all these things and in that time the opportunity in the market is missed. But here, as soon as you click on the In Case Reversal feature, your call option gets automatically exited and your put option gets automatically bought at the same strike price, at the same expiry and on the same lot. And it takes you only 3 seconds to do all this. And if you look at it, technically it makes a lot of sense too. Because if you want to convert a call option into a put, what will you do? You are technically shorting the call option, which requires a margin of up to 20x. But here your option is not shorting but is buying the put option of the same position. So if you also want to take advantage of these unique features of Capmint, then I have given you the link of Capmint in the description box. So you can check it out from there. Now let's continue with the video. So now in our next step before we convert our logic into PineScript or Pine code. Even before that, you should understand what is this pine script? So look, this entire strategy that we are developing, we are going to run it at the end on Trading View. Because all the trading, indicators and charts are on it. Now Pine Code or Pine Script is the name of the coding language of Trading View. And TradingView runs its code on this entire Pine script. So in such a situation, we will first convert this entire logic into Pine Script and after converting it into Pine Script, we will directly copy that entire code and paste it into the terminal of Trading View and from there it will directly implement it in the form of your charts. I will tell you how easily, step by step. So here we will go directly. We told him that whatever strategy we have told you, please convert it into Pine Script form. Right? And as soon as you run this entire code or this command, your step here will start. And you can clearly see that it has converted this entire format of Trading View into the form of Pine Code which you can see. Now what is the next step? You don't have to do anything. This pin code that you are seeing, you have to copy this pin code directly from here. After copying you just have to go to the TradingView terminal. Now here when you open the trading terminal, you normally see it something like this. I have opened the chart of Nifty 50. Right? You can see. Here you have to go to the right side. First of all let me tell you that here you have to take a 5 minutes chart and candle. 5 minutes because when I ran the entire command, it was mentioned in the script that the intraday trading strategy that is creating the chart works best on 5 minutes candles. So I took 5 minutes. So here you have to go to the right side. And here you can see that on the right side you will see an option by pinning. You have to click on it. After clicking this, we delete it here. Here we will create a new indicator. So here we will go here and click on create new and we will create a new strategy. Right? We have to completely delete the existing code. And we will paste the code that we have copied here. So after pasting this, our first task is to save it here. Right? And after adding it to charts, as soon as you publish this chart, here we can see that you will clearly see the representation of this entire chart on the Nifi chart. Where and how is it working? We have mentioned all the things. Now first of all, if you want to check its efficiency etc. or backtested data, then you can scroll down from here and check the complete report of the strategy to know what is the profit and loss percentage of this strategy ? What is the maximum equity drawdown he offered? Let us assume last six or seven months, how many trades came in Nifty according to this strategy in five months. What was his percentage of profitable trades? And you will get to see other complete details here. Plus, you will also be able to see the list of all those trades, which will show which trade was taken on which day and what was its complete result. So you will get its complete backtested data here first. Now let me tell you one more thing here that this entire result is normal only on the implementation of the trade. If we look at what kind of result this will give in the actual trade, then we will have to change some numbers here. Because in actual trade we take things differently. For example, here we keep the initial capital as ₹1 lakh. Let us consider our order size as default and make it 500 lots. Right? You take a margin of 20%, that is, you are applying a margin of 20%. Because in many trades, people trade by taking margin. So here if you do ok or sorry just a second here we take 400. So here, as soon as you execute this trade, you will see the backtested result here. Because our initial capital is only Rs 1 lakh. So according to that you will be able to make less profit. But when you trade using leverage in the right way, the results are different. Now here I am not at all pushing you to take leverage. I'm just explaining it to replicate the way most people trade. Now here I would like to tell you one more thing by doing a test test which is very important for you to know. Let's come back to this Pine script. Look, I did not see any error in the Pine script that I ran or the one that I generated earlier, which is a good thing. But it is possible that there may be some error in the code you generate. So let me tell you how to fix it. For example, let's say we delete this line here and then we save it. Right? Now as soon as we save it, you will see that here it has told you that we are facing a problem in one line. Right? So you don't have to do anything here. First of all you have to look at that line. Where did we see the problem? Like we saw this error in line 102. Right? And what is the error we see in line 102 ? We copy that. Now you don't have to do anything. Have to go back to the clot. You have to go to the same page for your study also. You have to write error in the line which was the number of our line i.e. 102, so error in the line 102 and you have to write the name of the error here and enter it. And here further, as soon as this entire trade is run, it will write a completely new script and give it to you in which you will not see any kind of representation of that error and the error will be the complete code. So you have to go further here. You have to copy this new code that you have received and paste it back on the same terminal. For example, let's say we copy this here. Now we have to save it again here. And as soon as you save it and run it, you will see that this entire strategy of ours will run again. We will see the same numbers here. Now after this we will talk about how we can further optimize this strategy. Because the strategy we adopted was not our own strategy. We saw which strategy is working best in the market. We checked the one with the best backtest results. Now let us further optimize it. And for this optimization also we ask Further Clout to optimize it. Now look, here I have written this entire font, I would like to tell you to please read it carefully. However, you can design all the other fonts according to your needs or even optimize them as you wish. But you should try to keep in mind the important lines in it and include them in your prompt. And what are those lines? Look, here I have written some lines that here I have told Klot that you have to avoid applying too many filters and stick filters so that the setups for maximum trades are not eligible. And we got few intraday trades. And morally we have to increase the efficiency and decrease our false breakouts. Now specifically let me tell you why I have selected this after running this prompt. Look what I observed is that whenever you tell Klout or any chat bot that it has to focus more on profitability. So what it does is that it tightens the logic of the entire trade or the filters after which the trade is executed. And maximum time I have seen that the result is that suppose if you are making a setup for intraday trade, then in such a situation it will make the filters so strict and the criteria so strict that on your intraday basis, only one or two trades will be executed in a month and only those will be executed according to that trade. So, I have told him that he should not make the matrix strict. Rather, here we get to see situations of false breakout. Here, actually, instead of profitability, we incur losses, all those places have to be calculated and fixed. Now after that when I give him this proof then he will create a new logic on the basis of this proof. As you can see. Based on this logic, he created a new script and I asked him to create a new script based on this optimized logic. And further on the basis of this new script I implemented this new script. And here you can see the results of our previous trading strategy in front of you on Nifty. And we go here and optimize the new strategy that we have developed. We clicked on strategy. Delete the old strategy and paste the new one. Right? And we will save it with the name Pro One. Right? We saved it as Pro One. So see, we ran it with the same parameters. And now you can check the result. The improvement in the results of this pro strategy that we have created is clearly visible here. Right? Now the question arises whether this is a strategy for Nifty 50 ? No, it is not like that at all. You will also have to check in which particular stocks this better strategy works and whatever strategy you develop, you will have to check it on different stocks by doing back testing so that you will understand better where you can get its results by implementing it in an optimized way. For example, if we assume that we go here, for example, click on Bajaj Finance. I am telling you this is just an example. No one should consider this as a buy-sell or a recommendation that the strategy has to be implemented on this. So as soon as we implemented it on this chart, if we check its backtested results here, then here you can clearly see how we are getting the results in the matrix in this strategy. So here we can clearly see that you will have to check yourself that in which stocks or in which indices you are getting better results of the strategy you have developed. Now after this comes our last and an important step. Here, as I told you in the beginning of the video, I am considering you as a complete beginner and am making this entire video accordingly. So now in such a situation, we have implemented this strategy but we do not know what it is explaining to us according to the strategy. How is its logic working? Plus, how do you identify the entry or exit point in this? So the answer to this is that you have to ask Clot itself that we took the screenshot of this entire strategy, first we fed it here and then we asked Clot to tell us as a complete beginner how in this actually we have to identify the trend and identify the exit and entry and according to that Clot will give you a complete detailed explanation of it. But here let me tell you one thing clearly that what I have told you through CLOT is to build a strategy. I am not telling you any sure shot shortcut that you will make profit through this and all your trades will be correct. You have to use this entire method of this entire AI tool like a pilot. That means build your strategies. Strengthen your logic. But the decision making in this should be your own. And you do n't have to completely rely on cloud or any other AI tool for decision making; you have to develop your own trading strategy or mindset. And here as a bonus point, I would like to tell you some things which will make your entire trading technique even better. First of all, we are still implementing all the logic etc. Logic remains correct with time, but as a strategy becomes popular in the market, its efficiency decreases. So you have to follow this entire method every week or two weeks. With the second strategy, the results of the current strategy and their backtested performance have to be checked and timely observation has to be made as to which strategy is performing better in the market. Now let me tell you here that in this entire video, we have used all the prompts step by step. If you want me to provide all these prints to you in a proper script document, then write the print in the comment box and I will DM it to you in the comment box itself. So this was all from our video. If you liked the video, please give your 5 seconds and like the video. And please subscribe to the channel and click on the bell icon. And also don't forget to check out the competition, the link of which I have provided you in the description box. So thanks for watching this video till the end. We will meet in our next video. Till then , bye.