Trade with an Unfair Advantage
Pine Optimizer helps TradingView users to effortlessly tune their Pine Script trading strategies for maximum profit and minimum risk.
We're launching soon: watch our 4-minute demo video to see Pine Optimizer in action and then join the waitlist to reserve your early-access pass.
Trade with an Unfair Advantage
Pine Optimizer helps TradingView users to effortlessly tune their Pine Script trading strategies for maximum profit and minimum risk.
We're launching soon: watch our 4-minute demo video to see Pine Optimizer in action and then join the waitlist to reserve your early-access pass.
Why is Trading So Darn Difficult?
Trading gurus love to propagate the myth that we could instantly become more profitable, if only we would apply the secret techniques that they teach in their pricey coaching programs.
For some, the magic ingredient is trading psychology; for others it's tighter risk management or better market analysis.
But, while these skills can play a part in becoming a successful trader, there's a harsh reality that overshadows them all.
If your strategy doesn't have an edge, no amount of trading artistry will make it profitable.
Why is Trading So Darn Difficult?
Trading gurus love to propagate the myth that we could instantly become more profitable, if only we would apply the secret techniques that they teach in their pricey coaching programs.
For some, the magic ingredient is trading psychology; for others it's tighter risk management or better market analysis.
But, while these skills can play a part in becoming a successful trader, there's a harsh reality that overshadows them all.
If your strategy doesn't have an edge, no amount of trading artistry will make it profitable.
It's about Tactics, not Talent
It makes no sense to put real money into a strategy before it's been thoroughly backtested and proven to have an edge.
A solid edge is a step in the right direction, but it's only a start. It confirms that your trade idea is potentially viable, but it doesn't indicate whether that idea will perform at its best
Peak performance requires optimization. It's an iterative process, and it can require many iterations, so it becomes a tedious chore for most traders.
But, tedious or not, optimization is what separates the profitable traders from the other 80%. Ignore it at your peril.
It's about Tactics, not Talent
It makes no sense to put real money into a strategy before it's been thoroughly backtested and proven to have an edge.
A solid edge is a step in the right direction, but it's only a start. It confirms that your trade idea is potentially viable, but it doesn't indicate whether that idea will perform at its best
Peak performance requires optimization. It's an iterative process, and it can require many iterations, so it becomes a tedious chore for most traders.
But, tedious or not, optimization is what separates the profitable traders from the other 80%. Ignore it at your peril.
Optimization with TradingView
TradingView users are blessed with access to some of the industry's most powerful backtesting tools: the Pine Script language and the TradingView Strategy Tester.
But, when it comes to strategy optimization, it's a different story. At its best, optimization with TradingView is an endless cycle of manual busy work.
At its worst, it's a confusing and error-prone nightmare that rarely achieves truly optimal results.
Optimization with TradingView
TradingView users are blessed with access to some of the industry's most powerful backtesting tools: the Pine Script language and the TradingView Strategy Tester.
But, when it comes to strategy optimization, it's a different story. At its best, optimization with TradingView is an endless cycle of manual busy work.
At its worst, it's a confusing and error-prone nightmare that rarely achieves truly optimal results.
Effortless Strategy Optimization
For the longest time, TradingView traders have been calling for a better optimization solution. Finally, that solution has arrived.
Pine Optimizer extends TradingView with the capabiity to automate an entire optimization sequence, effortlessly honing and proving the capabilities of your trading strategy.
From backtest execution to the capture and analysis of rich performance metrics, Pine Optimizer includes everything you need to take your trading performance to the next level.
Effortless Strategy Optimization
For the longest time, TradingView traders have been calling for a better optimization solution. Finally, that solution has arrived.
Pine Optimizer extends TradingView with the capabiity to automate an entire optimization sequence, effortlessly honing and proving the capabilities of your trading strategy.
From backtest execution to the capture and analysis of rich performance metrics, Pine Optimizer includes everything you need to take your trading performance to the next level.
3 Ways to Sharpen Your Trading Edge
Increase Your Profits
Optimizing a trading strategy entails fine-tuning its key parameters to achieve a better fit with the market's recurring price patterns. The result is more winning trades and better profit capture in those winning trades: a dual boost in profitability.
Sometimes the boost is moderate, because some strategies simply aren't well-suited to optimization. But, in many cases, optimization yields a profit lift of 10x or more. Either way, it's good to know where you stand and therefore make the right decisions.
Reduce Your Risk
Profit isn't the only goal of strategy optimization. We also aim to limit risk, by tuning out those extended losing runs that result in painful periods of drawdown.
The balance between profit and risk tends to be a compromise, but a flexible optimization process makes this a matter of personal choice, with each trader setting optimization goals to match his personal risk appetite.
Balance Your Exposure
Every experienced trader knows about the dangers of over-trading. But, when your playbook includes multiple tested and fully-optimized strategies, you gain the confidence to trade them in parallel, across a selection of markets and timeframes.
An abundance of opportunities, like this, means that you only trade the very best setups. And this delivers a welcome side-effect: your parallel strategies tend to hedge each other, further mitigating your risk.
See for Yourself
first users to try out Pine Optimizer
How it Works
Connect to TradingView
Pine Optimizer is a web-based app that you open in your browser, just like any regular website. At the same time, you open TradingView in another browser tab.
You'll also need to install the Pine Optimizer Chrome extension, which you can freely download from the Google Chrome Web Store. This extension lets the two browser tabs communicate with each other.
Launch Your Optimization
When you use Pine Optimizer, it silently sends instructions to the TradingView tab, to execute the kind of charting operations that you usually do manually.
For example, when you optimize a strategy, you'll typically want to execute a separate backtest for each permutation of its strategy parameter values.
This could entail many backtests, and doing it manually might take forever. But, with Pine Optimizer, it's completely automated. Just launch your optimization and then sit back and relax, while Pine Optimizer and TradingView do the heavy lifting.
Pick a Winner
When all the backtesting is complete, Pine Optimizer harvests the results and presents them to you in a single-screen format that highlights the highest performing strategy settings. It also provides many secondary insights that will help you to identify further optimization opportunities.
Of course, this is just scratching the surface of what Pine Optimizer is capable of, which is why we've created a full video tutorial series, to help you get started. In less than an hour, you'll progress from complete beginner to expert strategy optimizer.
Features at a Glance
Parameter Permutation
Choose the strategy parameter settings you want to test and Pine Optimizer will instantly create all its backtest permutations
Backtest Automation
Launch an entire permutation sequence in a single click and then sit tight while Pine Optimizer executes it and collates the results
Performance Analysis
Rank and analyze backtest results with ease and quickly identify the patterns that will lead to your next quantum leap in performance
Data Drill-down
Drill into the results of any optimization to see and compare all its backtest metrics, as well as the details of individual trades
Extensive Metrics
With almost 70 discreet backtest metrics and over 30 trade metrics, you have all the insights you need to make informed optimization decisions
Custom Scoring
Apply a custom scoring formula to your backtest metrics to rank and compare backtest results in a way that makes sense for your individual trading style
Frequently asked Questions
No. Pine Optimizer works with all TradingView accounts, including those on the free plan.
However, some TradingView backtesting features are unavailable or restricted on lower-tier plans, which may limit the scope and depth of your strategy optimization.
For example, the free plan only supports TradingView's standard timeframes, which means that you may fail to discover the optimum configuration for your strategy if it exists on one of the intermediate timeframes.
Similarly, the depth of historic chart data varies by plan, from 5,000 bars on the free plan, up to 20,000 bars, on the premium plan. Expect these diffences to be reflected in the depth of your backtest results, and hence the quality of the resulting strategy optimizations.
No, it's a one-time purchase, just like a traditional software product.
When you buy Pine Optimizer, you acquire lifetime access to the current version (it's v1.0 right now). Bug-fixes, security patches and minor feature updates will be applied on an ongoing basis.
We aim to release a new version, with additional features and major feature enhancements around once a year. When this happens, we'll offer you a discounted upgrade to the latest version, but you're always free to stay with your existing version, if you prefer.
Yes, we offer an unconditional 30-day money-back guarantee. If Pine Optimizer doesn't suit you, for whatever reason, please contact us and we'll refund 100% of your purchase price.
Yes, definitely! The browser extension is installed directly from the Chrome Web Store, so you can be confident that it has been vetted and deemed safe by Google's own review team.
Yes and no. You can open the Pine Optimizer app on any device, and use it to review the results of your past strategy optimization projects or to create and edit new projects.
However, you can't execute backtests on mobile devices, because backtesting requires the Pine Optimizer Chrome extension, and Chrome extensions are generally not supported on mobile browsers.
Yes, the Pine Optimizer application has a built-in user guide, which is regularly updated to reflect the evolution of the product.
We've also created a video tutorial series, which shows you how to get started with Pine Optimizer and takes you step-by-step through the process of optimizing your first trading strategy.
To get the most out of Pine Optimizer, it will be helpful if you're familiar with TradingView, especially its Strategy Tester. But, you don't necessarily need to be an expert trader or to have a extensive experience in technical analysis.
Stategy optimization (at least at the beginner level) is largely a case of following a process, which we cover in depth in our video tutorial series. We encourage you to watch this series, and judge for yourself, before you decide whether Pine Optimizer is right for you.
No. You'll need to start with a complete and working Pine Script implementation. If you're not a coder, there are other ways of achieving this, which we cover in our video tutorial series.
Note: if a "no code" Pine Script strategy builder appeals to you, please let us know, as we may consider implementing this, either as a future Pine Optimizer feature or as a standalone tool.
Your trading profitability is determined by several factors, not just the quality of your strategy. So, it's not possible to offer guarantees about how your performance might be improved by any individual change to your trading plan, including strategy optimization.
But, let's look at this issue from the opposite perspective. If your strategy doesn't have an edge, we can certainly guarantee that your trading will never be consistently profitable. Strategy edge is the foundation on which trading success is built, and without that solid foundation, nothing else really matters.
Unfortunately, we can't even guarantee that Pine Optimzer will achieve a specific improvement in the performance of your strategy. This's because some strategies are fundamentally unviable, and no amount of tuning will make them profitable.
Pine Optimizer's real value derives from the speed and ease with which it allows you to test and optimize a strategy. If the optimized results aren't what you were expecting, you can simply abandon your flawed strategy and move on to the next one.
If you need help with a technical issue, please contact us. We take user support very seriously and aim to respond quickly, to resolve issues or provide advice.
Although we don't officially offer consulting or coaching services, we're always curious about how our users interact with Pine Optimizer and what we could do to improve the user experience. So, if you get stuck with an optimization project, please reach out and we'll do our best to guide you.
reserving your early-access invitation