Strategy Myth-Busting #1 - UT Bot+STC+Hull [MYN]

Script from: TradingViewLongTermScalpingTrend followingMomentumBot

Strategy Myth-Busting #1 - UT Bot+STC+Hull [MYN] automates "The ULTIMATE Scalping Strategy" with claimed 98.3% win rate, debunked via backtesting. It utilizes UT Bot Alerts, STC Indicator, and Basic Hull Ma on 5-minute NVDA candles, triggering longs with new UT buy signals, STC under 25 and rising, and a green Hull. Shorts occur with UT sell signals, STC over 75 and falling, and a red Hull. Developed for educational exploration of trading claims.

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.

2,114backtests3 markets

30robust scoreranked median 52

0.44p-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

7 of 8 checks passed.

✓

Script availability

Open-source, still published on TradingView.

Statistical edge

Average t-statistic 0.97 (p = 0.44), 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.

0.97

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,114 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Cronos/Tether OKX:CROUSDT	1D	+6,277%	2.44	29	61%
Stacks CRYPTO:STXSUSD	1D	+1,209%	2.22	18	47%
Norwegian Cruise Line Holdings Ltd. NYSE:NCLH	1D	+521%	3.17	16	28%
GRT / TetherUS BINANCE:GRTUSDT	2H	+449%	1.03	263	89%
ALX Oncology Holdings Inc. NASDAQ:ALXO	1H	+446%	1.13	138	71%

⚠Selected after the fact: these are the best 5 of 2,114 runs, not what to expect from this strategy. Most have fewer than 60 trades, too few to separate skill from luck.

Is Strategy Myth-Busting #1 - UT Bot+STC+Hull [MYN] profitable?

Not reliably, based on our tests. Across 2,114 backtests, 1 of 88 with more than 15 trades pass our quality gate. The best result is +6,277% on Cronos/Tether (1D, 29 trades). On average, its results are statistically indistinguishable from chance (p = 0.44).

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