(Part 2) Lesser-Known Approaches to Monetize ChatGPT!

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I'm back with another idea for monetizing ChatGPT that I haven't seen mentioned much yet. First of all, I want to thank this amazing community for all the engagement and feedback on my previous thread "3 Lesser-Known Approaches to Monetize ChatGPT!".

The positive reaction motivated me to dig deeper and uncover more unique and unconventional techniques to monetize ChatGPT that most people may not be aware of. My goal is to get your creative juices flowing and inspire you to find new angles with ChatGPT. Who knows, you might just stumble upon an idea no one has thought of before!

So without further ado, let's get started. :)

CRYPTO TRADING BOT

You can build a simple strategy using ChatGPT and make $$$ trading Crypto. In this thread you'll know how to:
  1. Search for the best strategy.
  2. Write a bot for Tradingview using Moon Phases strategy.
  3. Backtest your strategy and manage risks.
  4. Trade & make money.
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1. Pick An Indicator


For this strategy I would recommend using the Moon Phases indicator. It looks hilarious and simple, but you will be surprised with the result. Go to Tradingview and set Moon Phase indicator:
  1. Open the chart you want to add the indicator to in TradingView.
  2. In the top toolbar, click on the "Indicators" icon.
  3. In the Indicators window that pops up, search for "Moon Phases" in the indicator search bar.
  4. The indicator should pop up - it will be called "Moon Phases"
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2. Create A Working Space
  1. Open indicator source code: When you have the Moon Phases indicator already loaded on the chart, bring up its pop-up menu by hovering over the script's name and clicking on its "Source code" icon ("{ }")
  2. Create a working copy so you can edit it, as well as a name for your copy: To edit the code we need to save this indicator as a new project click on create working copy go to the name and enter the name of the strategy for example "Moon Phases #2" and click on Save.
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3. Choose A Strategy

You can pick a very simple one for instance:
  1. When there is Full Moon →Long
  2. When there is the New Moon →Short
  3. Close the long when the short condition is met and vice versa.

4. Write A Strategy

→ Copy the source code

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→Go to ChatGPT and paste it. Type the strategy conditions and don't forget to paste this text:

"Code strategy entries for this pinescript v5" + your strategy conditions. Wait for code...

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→Copy code provided by ChatGPT. Go to Tradingview and replace old code with a new one. Enter "Save"

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5. Solve Errors Using ChatGPT

Debugging errors is a learning process. Don't be discouraged when you see red errors in your code:
→Copy the error message and paste it into ChatGPT.
→Copy new code and replace it in Tradingview.
→Repeat as many times as you need until there is no errors.

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6. Solve A Bug

There is a bug: ChatGPT have issue understanding what kind of moon is today. How to solve?
→Simply go to code and change "+" and "-" near "1".
→Then add to chart.

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7. Test the strategy

You can for instance set the initial capital at $1,000 for a test, one trade is $1 (very low risk) You'll get around +8,87% profit (+$88,660) but this was on the 4H timeframe. On daily or 1H there is different result, always check it.

How to use the strategy? You can add it to your chart and it will show you when to enter the position. PLEASE PLEASE PLEASE don't forget that: The result in the past doesn't guarantee the result in the future!

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That's wrap, thanks for reading...Give this thread a thumbs up & comment if you found this valuable.
 

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I tried something similar to this but I was not successful, this method seemed more logical to me, I need to try it. It seemed a bit complicated, but I guess we'll learn by trying :D
 
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