Historically, creating a trading robot or indicator required expertise in programming languages like MQL4, MQL5 (used in MetaTrader), Pine Script (for TradingView), or Python. This technical barrier limited automation to those with coding knowledge or the budget to hire developers. Today, tools like ChatGPT have eliminated these obstacles. 

Traders can simply describe their strategy or indicator requirements in plain language—such as, “I want a robot that buys when the 50-day moving average crosses above the 200-day moving average and sells when it crosses below”—and ChatGPT can generate the necessary code. Whether it’s a fully automated trading robot or a custom indicator to visualize market trends, ChatGPT can create the backbone of the system. 

For instance: 

• MetaTrader Platforms: ChatGPT can write MQL4/MQL5 scripts for EAs and indicators, enabling traders to automate strategies on MT4 and MT5. 

• TradingView: For traders on TradingView, ChatGPT can generate Pine Script code for custom indicators, alerts, or strategies. 

• Python-Based Platforms: For those using Python for backtesting or trading through APIs, ChatGPT can write and optimize scripts to automate orders and analyze markets.

Faster, Cheaper, and More Efficient 

By leveraging ChatGPT, traders no longer need to spend hours learning programming languages. ChatGPT produces functional code within minutes, saving time and significantly reducing costs. Traders can also test the code immediately and ask ChatGPT for edits, improvements, or debugging, streamlining the entire development process.