PIVOT STRATEGY [INDIAN MARKET TIMING]

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.

1,728backtests3 markets

16robust scoreranked median 52

0.59p-valueranked median 0.24

0/25pass 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 0.61 (p = 0.59), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 25 backtests with more than 15 trades passes our quality gate.

Robust score

16/100, 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.

0.61

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,728 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
NextEra Energy Partners, LP NYSE:NEP	2H	+59%	1.49	81	32%
SoFi Technologies, Inc. NASDAQ:SOFI	2H	+47%	1.73	45	14%
Citigroup, Inc. NYSE:C	4H	+43%	1.66	38	18%
Unity Software Inc. NYSE:U	2H	+41%	2.82	16	12%
Walgreens Boots Alliance, Inc. NASDAQ:WBA	1H	+37%	1.18	144	34%

⚠Selected after the fact: these are the best 5 of 1,728 runs, not what to expect from this strategy. Most have fewer than 60 trades, too few to separate skill from luck.

Is PIVOT STRATEGY [INDIAN MARKET TIMING] profitable?

Not reliably, based on our tests. Across 1,728 backtests, 0 of 25 with more than 15 trades pass our quality gate. The best result is +59% on NextEra Energy Partners, LP (2H, 81 trades). On average, its results are statistically indistinguishable from chance (p = 0.59).

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