Strategy Myth-Busting #3 - BB_BUY+SuperTrend - [MYN]

Script from: TradingViewLongTermTrend followingMomentumBot

The "BB_BUY+SuperTrend" strategy automates indicators from a popular Tradingview guide to verify their effectivity. Using 15-minute candles, it goes long when BB_BUY signals a buy and SuperTrend is green, and shorts when BB_BUY signals sell while SuperTrend is red. This is part of "Strategy Myth-Busting" to authenticate and offer automated trading alternatives.

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.

2,141backtests3 markets

30robust scoreranked median 52

0.37p-valueranked median 0.24

1/88pass 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 1.17 (p = 0.37), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 88 backtests with more than 15 trades pass 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.

1.17

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,141 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
MicroStrategy Incorporated NASDAQ:MSTR	1H	+12,892%	1.31	223	77%
Schlumberger N.V. NYSE:SLB	1H	+1,209%	1.94	217	40%
Transocean Ltd (Switzerland) NYSE:RIG	1H	+863%	1.08	216	88%
GALA / TetherUS BINANCE:GALAUSDT	4H	+816%	1.09	101	79%
Riot Platforms, Inc. NASDAQ:RIOT	1D	+812%	3.30	13	276%

⚠Selected after the fact: these are the best 5 of 2,141 runs, not what to expect from this strategy.

Is Strategy Myth-Busting #3 - BB_BUY+SuperTrend - [MYN] profitable?

Not reliably, based on our tests. Across 2,141 backtests, 1 of 88 with more than 15 trades pass our quality gate. The best result is +12,892% on MicroStrategy Incorporated (1H, 223 trades). On average, its results are statistically indistinguishable from chance (p = 0.37).

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