Verdict
LuxAlgo Quant: a free plan, backtests with Monte Carlo in the conversation, on LuxAlgo's Vela charts.
Pineify: Pine Script plus MQL4, MQL5, cTrader, NinjaTrader and thinkorswim, and a visual editor. One-time plans from $99.
PineGen AI: a live preview chart and backtest summary in the app, 5 free credits a month.
GetPineScript: menus instead of prompts, predictable code, $99 lifetime.
Pine Script Wizard AI: from $9 a month, with a free version on its homepage.
ChatGPT or Claude: free plans, any language, but you check the version and compile errors yourself.
Edgoro: Pine Script v6, MQL5 Expert Advisors compiled in MetaEditor, Python crypto bots and chart analysis. $29 a month or $49 once.
At a glance
| Tool | Pricing | Pine Script v6 | MT5 / MQL5 | Python bots | Compile check | Chart analysis | Backtesting | Free option |
|---|---|---|---|---|---|---|---|---|
| ChatGPT / Claude | Free plans; Claude Pro $20/month | If you ask | Can write it | Can write it | None in the chat | Image uploads | None built in | Free plans |
| GetPineScript | $99 once | Yes | Not mentioned | Not mentioned | Template code | Not mentioned | Via TradingView | 2-script trial |
| LuxAlgo Quant | Free; $24.99–$119.99/month | Yes, runs on Vela | Not mentioned | Not mentioned | Says it checks every line | Chart markup on Vela | Built in, Monte Carlo | Free plan |
| Pine Script Wizard AI | $9–$97/month | Version not stated | Separate MQL4 tool | Not mentioned | Paste errors back | Not mentioned | Via TradingView | Homepage version |
| PineGen AI | Free; $39 or $99/month | Yes, v6 only | Not mentioned | Not mentioned | Says it validates against v6 compiler | Not mentioned | In-app summary | 5 credits a month |
| Pineify | $99–$259 once | Yes, v6 default | Yes, plus MQL4 | Not listed | Says it validates and auto-fixes | Yes, daily caps | Report and optimizer (higher plans) | Free tools |
| Edgoro (our product) | $29/month or $49 once; bots +$25 | Yes, always | Yes, bots option | Yes, bots option | MQL5 and Python compiled; Pine via Edgoro Pine Check (not a compiler) | Yes | TradingView Strategy Tester; crypto Backtest Lab ($9/month) | Free generator, 3 scripts a month |
"Not mentioned" means the tool's own site didn't say, not that the feature is missing. "Says" marks a vendor claim we didn't test.
How we compared
We read each tool's own website on 6 November 2026: pricing, supported languages, how errors are fixed, backtesting, free options and refunds. We did not score the tools or run a test of code quality, and there are no ratings on this page. Where a vendor makes a claim we couldn't check, such as "validated before you see it", we say so. Edgoro is our product; it is in the list, last, with the same columns as everyone else.
The tools, and what each is best for
ChatGPT and Claude
General-purpose assistants with free plans (Claude Pro is $20 a month). They write Pine Script, MQL5 and Python on request, but don't fix a Pine version or run TradingView's or MetaEditor's compilers, so you check //@version=6 and paste errors back yourself. Best for: occasional scripts if you already use one. Edgoro vs ChatGPT and Claude.
GetPineScript
A no-code builder: pick entries, exits and filters from 40+ indicators, and get Pine Script v6 from mostly deterministic templates. $99 lifetime deal, 2-script trial. Best for: standard setups where predictable code matters more than custom logic. Edgoro vs GetPineScript.
LuxAlgo Quant
The coding agent inside LuxAlgo's Vela charts. Writes Pine Script, ports old scripts to v6, backtests with a trade log, Monte Carlo and prop-firm checks, and is included in LuxAlgo's free plan; paid plans are $24.99 to $119.99 a month with a 30-day refund on the first payment. Scripts run on LuxAlgo's PineTS runtime, so test them in TradingView before you rely on them there. Best for: a free start with backtests built in. Edgoro vs LuxAlgo Quant.
Pine Script Wizard AI
A chat-style Pine generator powered by ChatGPT, from $9 a month in tokens, with a free version on its homepage and sister tools for MQL4 and EasyLanguage. Its site doesn't state a Pine version, and payments are non-refundable. Best for: the lowest paid entry price. Edgoro vs Pine Script Wizard AI.
PineGen AI
Pine Script v6 only. It says each script is validated against TradingView's v6 compiler before you see it, shows a live preview chart and a backtest summary, and has a free plan with 5 credits a month; Pro is $39 and Business $99 a month. Best for: checking a strategy in the app before pasting it into TradingView. Edgoro vs PineGen AI.
Pineify
The broadest toolkit here: an AI agent for Pine Script v6, MQL4, MQL5, cTrader, NinjaTrader and thinkorswim, a visual editor, chart analysis, and on higher plans screeners and a finance agent. One-time plans from $99; its refund policy says completed purchases aren't refunded. Best for: traders who use several platforms. Edgoro vs Pineify.
Edgoro (our product)
Plain English to Pine Script v6 indicators and strategies, with inputs, alerts and install steps, plus chart analysis from screenshots. MQL5 Expert Advisors (compiled in MetaEditor, up to two automatic fixes) and Python crypto bots are an option. Pine Script goes through Edgoro Pine Check, our own v6 checker, with automatic fixes; TradingView still compiles it, and you paste any error back. $29 a month or $49 once, 7-day money-back guarantee on an unused first purchase, and a free generator for 3 scripts a month. New: launched in November 2026. Best for: one place for TradingView, MetaTrader 5 and crypto code.
If you trade on MetaTrader 5
Two MT5-focused tools aren't Pine Script generators but come up in the same searches:
- fxDreema builds MT4 and MT5 Expert Advisors from visual blocks, free for small projects, with paid periods from €27 a month. Edgoro vs fxDreema.
- Myfxbook Strategy AI generates MT5 Expert Advisors with backtesting and versioning built in, on credit plans from $25 a month. Edgoro vs Myfxbook Strategy AI.
Pineify and Edgoro also write MQL5, and general chatbots can too if you compile the code yourself.
What to check before you pay
- The Pine Script version. TradingView's current version is 6. A tool that doesn't say which version it writes may return older syntax.
- Where the code runs. Some tools run scripts on their own charts or runtime. If you trade from TradingView, make sure the script compiles there.
- How errors get fixed. Validation before delivery, automatic fixes, or pasting errors back by hand: each tool works differently, and only the platform's own compiler has the last word.
- Credits or a flat price. Credit plans can run out mid-month; one-time plans can lack a monthly option.
- The refund policy. On 6 November 2026 these ranged from 30 days (LuxAlgo) to none (Pineify, PineGen AI, Pine Script Wizard AI).
- Your own testing. Any AI can write code with mistakes. Check signals on several charts and run strategies on a demo account first.
Not covered here
We couldn't load PineScriptForge's website on 6 November 2026, so it isn't in this comparison; we'll add it once we can check its own pages. Other Pine Script tools appear in search results too; this list covers the ones we could verify on the day.
Frequently asked questions
Which AI Pine Script generator is free?
LuxAlgo Quant is included in LuxAlgo's free plan, PineGen AI gives 5 credits a month, Pine Script Wizard AI has a free version on its homepage, GetPineScript offers a 2-script trial, and ChatGPT and Claude have free plans. Edgoro's builder is paid, but its free generator writes 3 scripts a month without an account.
Can ChatGPT or Claude write Pine Script v6?
Yes, if you ask for version 6 and check the result. They don't fix a version or run TradingView's compiler, so confirm the script starts with //@version=6 and paste any error back.
Which of these tools also writes MT5 Expert Advisors?
Pineify (MQL4 and MQL5) and Edgoro (MQL5, compiled in MetaEditor before delivery). Myfxbook Strategy AI and fxDreema are MT5-focused alternatives. General chatbots can write MQL5 too, but you compile it yourself.
Does any tool guarantee code that compiles?
Some vendors say their code is validated before delivery (Pineify, PineGen AI, LuxAlgo Quant). Edgoro checks Pine Script with its own v6 checker, Edgoro Pine Check, but for Pine Script TradingView's own compiler is the final check. Whatever you use, compile it on the platform and test it on demo first.
Sources
- Pineify homepage: pricing and FAQ · checked on
- Pineify Pine Script AI Coding Agent · checked on
- Pineify refund policy · checked on
- LuxAlgo Quant · checked on
- LuxAlgo pricing · checked on
- LuxAlgo: Pine Script on Vela · checked on
- PineGen AI homepage · checked on
- PineGen AI pricing · checked on
- PineGen AI refund policy · checked on
- GetPineScript homepage and FAQ · checked on
- Pine Script Wizard AI homepage · checked on
- Pine Script Wizard AI pricing · checked on
- ChatGPT pricing · checked on
- Claude pricing · checked on
- fxDreema purchase plans · checked on
- Myfxbook Strategy AI · checked on
- Edgoro pricing · checked on
- Edgoro refund policy · checked on
- Edgoro Pine Script generator: what it writes and its limits · checked on
- Edgoro MT5 Expert Advisor generator: compile check · checked on
Product names belong to their owners and are used only to identify the products compared. Spotted something out of date? Write to support@edgoro.com and we'll correct it. Trading involves substantial risk of loss and is not suitable for every investor. Edgoro is a software tool, not a broker or financial adviser: nothing it produces is investment advice, and past or backtested performance does not guarantee future results.