T&M/E Wave V2

Script from: TradingViewSwingTrend followingMomentumVolatility

The T&M/E Wave V2 strategy employs a custom Wave Indicator to gauge market dynamics, comparing current buyer-seller power against historical trends with a proprietary algorithm. It integrates volatility metrics using Bollinger Bands and Historical Volatility with adaptable input values that users can modify to fit their trading profile. Strategic elements include a volatility oscillator, bull vs bear strength measures derived from DMI+RSI+MACD, and specialized EMA differentials. Crucial updates in V2.5 add an RMA+Alma oscillator value for enhanced accuracy.

Top 13 Backtests of T&M/E Wave V2

Explore the most profitable cryptocurrency and stock backtests with T&M/E Wave V2 Strategy (on TradingView).

Filters

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ Daily

4.22

Risk Reward

133.71 %

Total ROI

Total Trades

Premium users only

Premium users can access all backtests with a Risk/Reward Ratio > 3

@ 4 h

3.42

Risk Reward

73.20 %

Total ROI

Total Trades

POINT Biopharma Global Inc. (PNT)

+ T&M/E Wave V2

@ 5 min

2.98

Risk Reward

50.23 %

Total ROI

Total Trades

CSX Corporation (CSX)

+ T&M/E Wave V2

@ 15 min

2.79

Risk Reward

49.80 %

Total ROI

Total Trades

E-MINI S&P 500 FUTURES (CONTINUOUS: CURRENT CONTRACT...)

+ T&M/E Wave V2

@ 4 h

2.77

Risk Reward

77.70 %

Total ROI

Total Trades

Pfizer, Inc. (PFE)

+ T&M/E Wave V2

@ 15 min

1.72

Risk Reward

29.99 %

Total ROI

Total Trades

Shiba Inu / United States Dollar (SHIBUSD)

+ T&M/E Wave V2

@ 15 min

1.60

Risk Reward

21.04 %

Total ROI

Total Trades

Stacks (STXSUSD)

+ T&M/E Wave V2

@ 15 min

1.37

Risk Reward

15.59 %

Total ROI

Total Trades

Walgreens Boots Alliance, Inc. (WBA)

+ T&M/E Wave V2

@ 5 min

1.36

Risk Reward

20.25 %

Total ROI

Total Trades

Nordstrom, Inc. (JWN)

+ T&M/E Wave V2

@ 5 min

1.33

Risk Reward

15.45 %

Total ROI

Total Trades

Fisker Inc. (FSR)

+ T&M/E Wave V2

@ 5 min

1.29

Risk Reward

13.64 %

Total ROI

Total Trades

Norwegian Cruise Line Holdings Ltd. (NCLH)

+ T&M/E Wave V2

@ 5 min

1.16

Risk Reward

7.47 %

Total ROI

Total Trades

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Active Trades

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T&M/E Wave V2 backtest statistics

Aggregated across every validated backtest TradeSearcher has run on this strategy. Figures update automatically as new backtests are added — they are not edited by hand. Classified as swing by holding period.

Backtests run

2.1

Avg profit factor

+39%

Avg net profit

+20%

Avg annualized return

18%

Avg max drawdown

0.20

Avg Sharpe ratio

On average, backtests of this strategy beat a buy-and-hold baseline by 11% over the same window.

Performance by asset class

Market	Backtests	Avg profit factor	Avg net profit	Avg max drawdown	Avg Sharpe
Crypto	71	1.5	+18%	19%	0.27
Stocks	1,648	1.9	+29%	18%	0.20
Forex	110	—	—	16%	—

Backtests use the validated-universe filter: non-repainting scripts, over 15 trades, non-excluded. Per-market rows appear only when at least one backtest exists for that asset class.

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