To harness the full potential of Ziplime’s AI in creating algorithmic trading strategies, it’s essential to write clear and detailed prompts. Here are some guidelines and examples to help you craft effective prompts for strategy development
Guidelines for Writing Prompts
Be Specific: Clearly define the trading logic, including entry and exit conditions. Specify the type of assets or markets you’re interested in.
Include Timeframes: Mention the desired timeframes for your strategy, whether it’s intraday, daily, weekly, etc.
Define Indicators: Specify any technical indicators or fundamental metrics you want to incorporate.
Clarify Objectives: State your performance objectives, such as maximizing return, minimizing risk, or achieving a specific Sharpe ratio.
Add Constraints: Include any constraints such as risk tolerance, position limits, or transaction costs.
Iterate and Refine: Start with a simple prompt and gradually refine it based on the AI’s output and your strategic goals.
Example 1: strategies based on technical indicators
Copy
Create a strategy for trading U.S. stocks using a moving average crossover technique. Use a 50-day simple moving average (SMA) and a 200-day SMA. Enter a long position when the 50-day SMA crosses above the 200-day SMA, andexit the position when the 50-day SMA crosses below.
Example 2: strategies based on fundamental data
Copy
Design a strategy for futures trading based on earningsannouncements. Enter a position in futures contractsif the company reports earnings that exceed analyst expectationsby more than 10%. Exit the trade one dayafter the earnings announcement. Incorporate a stop-loss of 2% and take-profit of 5%.
If you don’t like result of strategy or if you have error while backtesting try to regenerate zipline engine code