How to Build Custom Trading Bots & Indicators in TradingView – No Coding Needed!
From Zero Coding to Pro-Level Trading Tools in Minutes
Not long ago, building trading bots and custom indicators was reserved for programmers and tech experts. But today? Anyone can do it—even with zero coding experience.
I’ll teach you how I create my own custom indicators and trading strategies in TradingView using AI—no programming skills required. This is the ultimate shortcut to smarter trading, and I’ll walk you through the entire process step by step.
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Step 1: Turn Any AI Into Your Personal Trading Assistant
First, you need an AI that can write Pine Script (TradingView’s coding language). I use Claude AI (on Poe app), but you can also try DeepSeek or O1 models.
Your first prompt is critical. Tell the AI:
“I want you to be my trading assistant. You’re an expert in trading and coding, especially Pine Script 6 for TradingView. You can create any indicator or strategy I need, with clean code and few errors.”
This sets the foundation. Now, customize it further by adding:
- Your preferred markets(stocks, forex, crypto)
- Your trading style(scalping, day trading, swing trading)
- Your risk tolerance & strategy(trend following, breakouts, price action)
For example:
*”I primarily swing trade stocks using price action on 4-hour charts. I prefer minimal indicators and focus on market structure.”*
The more details you give, the better the AI tailors the code for you.
Step 2: Start Simple – A Color-Coded EMA Indicator
Let’s test the AI with a basic request:
✅ “Modify the EMA code so it turns green when price is above it and red when price is below it.”
- Copy the standard EMA codefrom TradingView.
- Paste it into your AI chat.
- The AI rewrites the code—now with color-changing logic.
How to Add It to TradingView:
- Open Pine Editor(bottom of TradingView chart).
- Click “New” → “Indicator”, delete default code, and paste the AI’s script.
- Hit “Add to Chart”—your EMA now changes colors dynamically!
Pro Tip: If you get errors, just copy them and ask the AI to fix them.
Step 3: Upgrade a Classic – Custom Hourly Pivot Points
Pivot points are powerful, but the default TradingView version only shows daily levels. What if you want hourly pivots?
✅ “Modify the pivot point indicator to calculate levels on an hourly timeframe.”
- Copy the default pivot point code.
- Ask the AI to adjust it for hourly calculations.
- Paste the new code into TradingView.
Result: You now see intraday support/resistance levels, giving you sharper entry points.
Fun Fact: Years ago, I paid a programmer $200 for this exact indicator. Now, AI does it in under 3 minutes.
Step 4: Build a High-Volume Engulfing Candle Indicator
Engulfing candles are strong signals—especially when confirmed by volume.
✅ “Create an indicator that highlights engulfing candles with volume higher than the last 5 candles.”
How It Works:
- Bullish engulfing:Green candle fully covers the previous red candle.
- Bearish engulfing:Red candle fully covers the previous green candle.
- Volume filter:Only triggers if volume is higher than the last 5 bars.
Why This Matters:
- Engulfing patterns + high volume = strong momentum.
- Works great at support/resistance zonesfor reversals or continuations.
Step 5: Create a Momentum Strength Indicator
This tool measures who’s winning—bulls or bears—by tracking candle body sizes over a set period.
✅ “Code an indicator that adds up bullish vs. bearish candle body sizes over the last X bars.”
How It Works:
- Taller bullish candles = buyers are stronger.
- Taller bearish candles = sellers dominate.
- A ratio lineshows momentum shifts.
Trading Tip:
- Use it with a 100 SMAto filter trades in the trend’s direction.
- When bullish strength crosses above bearish strength + price > 100 SMA, go long.
Step 6: Turn Your Indicator Into a Full Trading Strategy
Now, let’s automate trades based on the momentum indicator.
✅ “Convert this into a strategy: Buy when bullish strength crosses above bearish strength and price is above the 100 SMA. Sell when bearish strength crosses above bullish strength and price is below the 100 SMA.”
Backtesting Results:
- Positive returnson 30-minute charts.
- Best with a 200 SMA filterand 10-candle lookback.
- High Sortino Ratio(good risk-adjusted returns).
Pro Tip: If backtests show issues, ask the AI to refine the rules (e.g., adding volume filters or adjusting stop losses).
Bonus: Daily Range Boxes & ADR Indicator
- Daily Boxes Indicator
- Green boxes= Bullish days (close > open).
- Red boxes= Bearish days (close < open).
- Helps spot key support/resistance levelsfrom previous days.
- Average Daily Range (ADR) Tool
- Shows if today’s price movement is above/below the 20-day average range.
- Helps set realistic profit targets(e.g., if ADR is 95% reached, consider taking profits).
Final Thoughts: AI is a Game-Changer for Traders
Gone are the days of:
❌ Paying hundreds for custom indicators
❌ Waiting weeks for a coder to debug issues
❌ Struggling with complex programming
Now, AI lets you:
✅ Build custom tools in minutes
✅ Fix errors instantly
✅ Backtest strategies in real-time
The key? Be specific with your prompts. The better you describe what you need, the better the AI delivers.
Want a deeper dive? Let me know in the comments!
Happy trading! 🚀