Strategy Myth-Busting #12 - OSGFC+SuperTrend - [MYN]

Script from: TradingViewSwingTrend followingBot

Strategy Myth-Busting #12 focuses on automating "The Most Powerful Tradingview Buy Sell Signal Indicator," using 15-min charts for FOREX. It integrates SuperTrend for trend detection and the One-Sided Gaussian Filter for noise reduction. Despite initial promise, backtesting showed poor performance metrics; however, incorporating another indicator may enhance results. The strategy suggests taking long positions when both SuperTrend and OSGFC signal a buy, and short positions on a sell signal, closing trades based on the opposite Gaussian 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.

2,113backtests3 markets

33robust scoreranked median 52

0.23p-valueranked median 0.24

6/171pass 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 1.88 (p = 0.23), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

6 of 171 backtests with more than 15 trades pass our quality gate.

Robust score

33/100, 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.

1.88

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,113 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
AMC Entertainment Holdings, Inc. NYSE:AMC	1H	+32,301%	1.49	420	87%
MicroStrategy Incorporated NASDAQ:MSTR	2H	+8,295%	1.26	284	39%
AVAX / TetherUS BINANCE:AVAXUSDT	4H	+7,019%	1.23	404	61%
AMC Entertainment Holdings, Inc. NYSE:AMC	2H	+4,931%	1.49	243	63%
Cronos/Tether OKX:CROUSDT	1D	+2,429%	1.32	79	64%

⚠Selected after the fact: these are the best 5 of 2,113 runs, not what to expect from this strategy.

Is Strategy Myth-Busting #12 - OSGFC+SuperTrend - [MYN] profitable?

Not reliably, based on our tests. Across 2,113 backtests, 6 of 171 with more than 15 trades pass our quality gate. The best result is +32,301% on AMC Entertainment Holdings, Inc. (1H, 420 trades). On average, its results are statistically indistinguishable from chance (p = 0.23).

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