NEW GROK 3 AI from Elon's X Good For Creating Trading Strategies in TradingView and PineScript?

Gro 3 is a newly launched AI tool aimed at helping users create trading strategies. After attending its launch event, access was gained through a Premium Plus subscription. The video discusses testing Gro 3's capabilities compared to other AI models, specifically regarding the ease of creating and automating trading strategies. The presenter emphasizes the importance of testing AI tools for effectiveness, costs, and outputs, ultimately ranking Gro 3 in comparison to other AIs in trading strategy creation. The results reveal Gro 3's limitations in strategy effectiveness compared to competing models.

Focused on using Gro 3 to create automated trading strategies.

Evaluate various AIs for trading strategies, emphasizing cost and efficacy.

Discusses profitability and drawdown results from different AI-created trading strategies.

AI Expert Commentary about this Video

AI Trading Expert

Gro 3 presents innovative options for trader strategy automation, yet its performance stays below models like OpenAI's. Given the emerging trend of AI in trading, deeper insight into Gro 3’s underlying algorithms could notably inform improvement strategies in competitive environments.

AI Market Analyst Expert

With the increasing reliance on AI tools for financial strategy, Gro 3's comparative performance metrics raise questions about marketing pricing versus actual output effectiveness. Analysts should closely monitor user feedback and performance trends to understand user adaptation and market position.

Key AI Terms Mentioned in this Video

Gro 3

The video tests Gro 3's ability to automate trading strategies in comparison with other AIs.

Deep Seek

The analysis shows Deep Seek can produce results without cost, making it competitive.

Trading Strategies

The video evaluates several AI's capabilities in developing these strategies.

Companies Mentioned in this Video

OpenAI

The discussion references OpenAI's models in comparison to Gro 3 for trading strategy coding.

Mentions: 3

Elon Musk's AI Team

This company is discussed concerning Gro 3’s launch event and its related capabilities for traders.

Mentions: 2

Company Mentioned:

Industry:

Technologies:

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