Keltner Channel - Trend Based Strategy

Script from: TradingViewSwingTrend followingMomentumBreakoutBot

Utilize the Keltner Channel Trend-Based Strategy by confirming an uptrend through EMA crossing above SMA. Enter trades when candle opens in the upper Keltner Channel and closes above it, alongside a DM indicator reading surpassing a pre-set benchmark. Adopt two Take Profit levels and a stop-loss, considering the use of a trailing stop or additional Take Profit points for enhanced effectiveness.

Audit verdict

Not rankedUpdated Jul 28, 2026

No reliable edge found

Its average result can't be told apart from chance, so it stays out of our rankings. The script itself passed our repainting audit.

767backtests3 markets

19robust scoreranked median 52

0.62p-valueranked median 0.24

0/104pass quality gatebacktests >15 trades

Audit details

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

✓

Repainting audit

8 of 8 checks passed.

✓

Script availability

Open-source, still published on TradingView.

Statistical edge

Average t-statistic 0.53 (p = 0.62), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 104 backtests with more than 15 trades passes our quality gate.

Robust score

19/100, 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.

0.53

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 767 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
AMC Entertainment Holdings, Inc. NYSE:AMC	1H	+185%	1.39	121	51%
Airbnb, Inc. NASDAQ:ABNB	2H	+128%	2.94	47	13%
PayPal Holdings, Inc. NASDAQ:PYPL	2H	+106%	1.63	59	22%
DraftKings Inc. NASDAQ:DKNG	4H	+90%	5.66	15	17%
Carnival Corporation NYSE:CCL	2H	+87%	1.55	69	30%

⚠Selected after the fact: these are the best 5 of 767 runs, not what to expect from this strategy. Most have fewer than 60 trades, too few to separate skill from luck.

Is Keltner Channel - Trend Based Strategy profitable?

Not reliably, based on our tests. Across 767 backtests, 0 of 104 with more than 15 trades pass our quality gate. The best result is +185% on AMC Entertainment Holdings, Inc. (1H, 121 trades). On average, its results are statistically indistinguishable from chance (p = 0.62).

Strategies that passed our audit

Ranked strategies from the same family, ordered by robust score.

Passed our auditBT-SAR Ema, Squeeze, VolatilityBreakout · Trend following

75/100robust score

7/142backtests pass quality gate

View backtests →Passed our auditIchimoku 4H crypto strategy -- LONG ONLYTrend following · Momentum

74/100robust score

7/115backtests pass quality gate

View backtests →Passed our auditmikul's Ichimoku Cloud Strategy v 2.0Trend following · Momentum

72/100robust score

3/63backtests pass quality gate

View backtests →

Explore the best Trading & TradingView strategies

Stop trading blindly. Explore quality-gated backtests and improve your trading skills with data.

Start for free