Coral Trend Pullback Strategy (TradeIQ)

Script from: TradingViewIntraday

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.

161backtests2 markets

27robust scoreranked median 52

0.45p-valueranked median 0.24

0/3pass 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.

line.new() or array.new() created on every bar without var qualifier

Found on lines 249, 250, 251, 256, 257, 258, 263. Create objects once (var) or gate creation with barstate.isfirst/na checks.

✓

Script availability

Open-source, still published on TradingView.

Statistical edge

Average t-statistic 1.04 (p = 0.45), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 3 backtests with more than 15 trades passes our quality gate.

Robust score

27/100, 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.

1.04

avg. t-statistic

1.98

median, ranked strategies

Best 3 of 161 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
AMC Entertainment Holdings, Inc. NYSE:AMC	15m	+20%	1.67	55	6%
Shopify Inc. NYSE:SHOP	15m	+12%	1.43	40	7%
Pfizer, Inc. NYSE:PFE	15m	+12%	1.63	30	5%

⚠Selected after the fact: these are the best 3 of 161 runs, not what to expect from this strategy. All have fewer than 60 trades, too few to separate skill from luck.

Is Coral Trend Pullback Strategy (TradeIQ) profitable?

Not reliably, based on our tests. Across 161 backtests, 0 of 3 with more than 15 trades pass our quality gate. The best result is +20% on AMC Entertainment Holdings, Inc. (15m, 55 trades). On average, its results are statistically indistinguishable from chance (p = 0.45).

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