Strategy Myth-Busting #10 - InsideBar+EMA - [MYN]

Script from: TradingViewSwingPrice actionBreakoutTrend followingPattern

Strategy Myth-Busting #10 - InsideBar+EMA automates the complex "75% Win Rate High Profit Inside Bar Trading Strategy." Despite discrepancies in replication, with adjustments for slippage and commission, it applies multiple take profit staggering to approach a promising win rate. Utilizing two indicators, Inside Bar Ind/Alert and a built-in EMA, it sets stop losses at the EMA line and targets 1.5x the risk with differentiated entry points for long and short positions based on inside bar patterns and EMA.

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.

2,115backtests3 markets

31robust scoreranked median 52

0.20p-valueranked median 0.24

10/151pass 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 2.05 (p = 0.20), above the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

10 of 151 backtests with more than 15 trades pass our quality gate.

Robust score

31/100, 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.

2.05

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,115 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
AMC Entertainment Holdings, Inc. NYSE:AMC	2H	+11,046%	1.16	666	67%
AMC Entertainment Holdings, Inc. NYSE:AMC	1H	+8,409%	1.13	807	73%
fuboTV Inc. NYSE:FUBO	1H	+1,169%	1.09	649	71%
DOT / TetherUS BINANCE:DOTUSDT	4H	+1,155%	1.23	676	49%
RENDER / TetherUS BINANCE:RENDERUSDT	2H	+846%	1.07	950	61%

⚠Selected after the fact: these are the best 5 of 2,115 runs, not what to expect from this strategy.

Is Strategy Myth-Busting #10 - InsideBar+EMA - [MYN] profitable?

Not reliably, based on our tests. Across 2,115 backtests, 10 of 151 with more than 15 trades pass our quality gate. The best result is +11,046% on AMC Entertainment Holdings, Inc. (2H, 666 trades). On average, its results are statistically indistinguishable from chance (p = 0.20).

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