Fractal Breakout Strategy (by ChartArt)

Script from: TradingViewIntradayPrice actionBreakoutTrend following

The Fractal Breakout Strategy is designed for long positions, triggering entry when the price surpasses the last fractal top. It utilizes the average of previous fractal tops to gauge trend direction and exits positions when this average declines, signifying a downtrend. The strategy highlights fractal tops, draws trend lines, and incorporates a customizable time-delayed exit mechanism, performing notably on higher time-frames. It ensures no repainting of signals.

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.

763backtests3 markets

34robust scoreranked median 52

0.35p-valueranked median 0.24

1/94pass quality gatebacktests >15 trades

Audit details

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

Repainting audit

7 of 8 checks passed.

plot/label/shape drawn in the past (offset = -n)

Found on line 47. Avoid negative offsets when plotting or drawing; they imply future placement.

✓

Script availability

Open-source, still published on TradingView.

Statistical edge

Average t-statistic 1.19 (p = 0.35), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 94 backtests with more than 15 trades pass our quality gate.

Robust score

34/100, 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.

1.19

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 763 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Tilray Brands, Inc. - Class 2 NASDAQ:TLRY	1H	+583%	1.17	401	61%
fuboTV Inc. NYSE:FUBO	1H	+569%	1.36	386	67%
Sirius XM Holdings Inc. NASDAQ:SIRI	1D	+545%	1.22	221	58%
American Airlines Group, Inc. NASDAQ:AAL	1D	+400%	1.67	178	46%
CleanSpark, Inc. NASDAQ:CLSK	1D	+367%	1.39	70	58%

⚠Selected after the fact: these are the best 5 of 763 runs, not what to expect from this strategy.

Is Fractal Breakout Strategy (by ChartArt) profitable?

Not reliably, based on our tests. Across 763 backtests, 1 of 94 with more than 15 trades pass our quality gate. The best result is +583% on Tilray Brands, Inc. - Class 2 (1H, 401 trades). On average, its results are statistically indistinguishable from chance (p = 0.35).

Strategies that passed our audit

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

Passed our auditIchimoku 4H crypto strategy -- LONG ONLYTrend following · Price action

74/100robust score

7/115backtests pass quality gate

View backtests →Passed our auditPivot Point BreakoutPrice action · Breakout

69/100robust score

7/92backtests pass quality gate

View backtests →Passed our auditTurtle Trader StrategyPrice action · Breakout

54/100robust score

3/37backtests 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