Price Action - Support & Resistance + MACD LONG Strategy

Script from: TradingViewSwingPrice actionMomentumTrend followingCandlestick

Combine the "Price Action - Support & Resistance by DGT" indicator with the MACD to pinpoint long entry points. Identify strong support, wait for MACD to signal bullish momentum, and enter long with a stop loss below support. Set profit targets near key resistance levels and consider trailing stops for risk management.

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.

2,120backtests3 markets

32robust scoreranked median 52

0.41p-valueranked median 0.24

1/141pass 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 1.03 (p = 0.41), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 141 backtests with more than 15 trades pass our quality gate.

Robust score

32/100, 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.

1.03

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,120 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
SciSparc Ltd. NASDAQ:SPRC	1H	+934%	1.37	117	48%
Plug Power, Inc. NASDAQ:PLUG	2H	+932%	1.15	405	70%
Sunrun Inc. NASDAQ:RUN	1H	+710%	1.11	338	49%
DocuSign, Inc. NASDAQ:DOCU	1H	+682%	1.27	198	57%
Bank of America Corporation NYSE:BAC	2H	+594%	1.51	235	40%

⚠Selected after the fact: these are the best 5 of 2,120 runs, not what to expect from this strategy.

Is Price Action - Support & Resistance + MACD LONG Strategy profitable?

Not reliably, based on our tests. Across 2,120 backtests, 1 of 141 with more than 15 trades pass our quality gate. The best result is +934% on SciSparc Ltd. (1H, 117 trades). On average, its results are statistically indistinguishable from chance (p = 0.41).

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