Statistical Arbitrage Left Leg

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.

1,313backtests3 markets

14robust scoreranked median 52

0.33p-valueranked median 0.24

1/131pass quality gatebacktests >15 trades

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

–

Repainting audit

Not run yet.

✓

Script availability

Closed-source, still published on TradingView.

Statistical edge

Average t-statistic 1.35 (p = 0.33), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 131 backtests with more than 15 trades pass our quality gate.

Robust score

14/100, 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.

1.35

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,313 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
BITCOIN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME:BTC1!	1D	+83,727%	1.57	177	5905%
E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME_MINI:ES1!	1D	+63,591%	1.44	177	1426%
SciSparc Ltd. NASDAQ:SPRC	15m	+5,608%	1.75	757	36%
fuboTV Inc. NYSE:FUBO	1H	+301%	1.48	950	56%
LVMH EURONEXT:MC	1H	+207%	1.18	1,176	63%

⚠Selected after the fact: these are the best 5 of 1,313 runs, not what to expect from this strategy.

Is Statistical Arbitrage Left Leg profitable?

Not reliably, based on our tests. Across 1,313 backtests, 1 of 131 with more than 15 trades pass our quality gate. The best result is +83,727% on BITCOIN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) (1D, 177 trades). On average, its results are statistically indistinguishable from chance (p = 0.33).

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