Forex Fractal EMA Scalper

Script from: TradingViewSwingPrice actionScalpingTrend followingPattern

The Forex Fractal EMA Scalper is designed for 1-5 minute timeframes. Re-optimize it weekly. Entry rules: go long with an up fractal and ascending triple EMAs, go short with a down fractal and descending triple EMAs. Exit when reverse EMA order appears or on take profit/stop loss targets fixed in pips.

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.

2,215backtests3 markets

30robust scoreranked median 52

0.27p-valueranked median 0.24

0/75pass 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 1.37 (p = 0.27), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 75 backtests with more than 15 trades passes our quality gate.

Robust score

30/100, 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.

1.37

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,215 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Sunrun Inc. NASDAQ:RUN	4H	+2,730%	1.43	210	79%
Norwegian Cruise Line Holdings Ltd. NYSE:NCLH	4H	+898%	1.12	239	61%
KeyCorp NYSE:KEY	2H	+813%	1.08	341	73%
AMC Entertainment Holdings, Inc. NYSE:AMC	1D	+523%	1.36	247	79%
Kohl's Corporation NYSE:KSS	4H	+421%	1.16	586	61%

⚠Selected after the fact: these are the best 5 of 2,215 runs, not what to expect from this strategy.

Is Forex Fractal EMA Scalper profitable?

Not reliably, based on our tests. Across 2,215 backtests, 0 of 75 with more than 15 trades pass our quality gate. The best result is +2,730% on Sunrun Inc. (4H, 210 trades). On average, its results are statistically indistinguishable from chance (p = 0.27).

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