RSI-VWAP INDICATOR

Script from: TradingViewSwingMomentumTrend followingVolume

The RSI-VWAP Indicator combines the Relative Strength Index (RSI) with the Volume Weighted Average Price (VWAP), using VWAP values instead of typical closing prices to gauge the market's strength and trend. Backtesting involves laddering trades strategically to optimize entry prices and capitalize on the indicator's enhanced market analysis.

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 The backtests below were run while it was public and are no longer updated.

297backtestsarchived

44robust scoreranked median 50

0.40p-valueranked median 0.24

—repaint auditsource unavailable

Audit details

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

–

Repainting audit

Not performed: the source code is no longer accessible.

–

Script availability

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

Statistical edge

Average t-statistic 1.79 (p = 0.40), below the median of 2.02 (p = 0.24) for ranked strategies.

Quality gate

None of the 32 backtests with more than 15 trades passes our quality gate.

Robust score

44/100, below the median of 50 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.

1.79

avg. t-statistic

2.02

median, ranked strategies

Best 5 of 297 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
U.S. Dollar/South African Rand FX:USDZAR	2H	+628%	6.31	23	62%
Pfizer, Inc. NYSE:PFE	4H	+353%	3525439.00	10	110%
Coca-Cola Company (The) NYSE:KO	2H	+277%	5.51	47	71%
Intel Corporation NASDAQ:INTC	1H	+244%	2.29	25	261%
Coca-Cola Company (The) NYSE:KO	1H	+223%	3.36	132	55%