Range Filter Buy and Sell 5min [Strategy]

Script from: TradingViewSwingPrice actionBreakoutScalpingTrend followingMomentum

This strategy involves executing backtests on a 5-minute timeframe to identify buy and sell signals within a specified range. It includes setting test periods and predetermined take-profit and stop-loss orders for disciplined trade exits.

Audit verdict

ArchivedRemoved from TradingView

No longer on TradingView

We can't re-run or audit this script anymore. The backtests below were run while it was public and are no longer updated.

1,029backtestsarchived

16robust scoreranked median 52

0.26p-valueranked median 0.24

—repaint auditsource unavailable

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

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Repainting audit

Not performed: the source code is no longer accessible.

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Script availability

Removed from TradingView. You can't add it to a chart anymore.

Statistical edge

Average t-statistic 1.71 (p = 0.26), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 97 backtests with more than 15 trades passes our quality gate.

Robust score

16/100, below the median of 52 for ranked strategies.

How its evidence compares

The t-statistic measures how far the average result sits from zero relative to its noise. Below about 2, it is within what random entries produce.

1.71

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,029 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Virgin Galactic Holdings, Inc. NYSE:SPCE	4H	+10,375%	2.28	75	54%
BigBear.ai, Inc. NYSE:BBAI	1H	+2,910%	1.09	210	84%
Enovix Corporation NASDAQ:ENVX	4H	+1,564%	2.15	51	69%
Norwegian Cruise Line Holdings Ltd. NYSE:NCLH	1H	+1,419%	1.21	312	56%
AMC Entertainment Holdings, Inc. NYSE:AMC	1H	+1,366%	1.22	315	96%