Profitable Contrarian scalping

Script from: TradingViewSwingScalpingMean reversionVolumeReversal

Contrarian scalping on the 1-minute chart, leveraging 5 and 10 period VMWAs smoothed with a 5 period SMA. The strategy captures swift reversals post-lagging indicator signals for buys, ensuring fast exits during continuations. Best on SPY, TQQQ, TSLA, AMZN, and major cryptos, it maintains a 55-65% win rate with a generally positive P/L.

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.

2,594backtests3 markets

33robust scoreranked median 52

0.44p-valueranked median 0.24

1/116pass 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 0.91 (p = 0.44), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 116 backtests with more than 15 trades pass our quality gate.

Robust score

33/100, 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.

0.91

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,594 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Urban Outfitters, Inc. NASDAQ:URBN	2H	+1,583%	1.66	297	65%
SciSparc Ltd. NASDAQ:SPRC	2H	+1,193%	1.44	53	98%
American Eagle Outfitters, Inc. NYSE:AEO	1H	+1,032%	1.75	303	29%
SciSparc Ltd. NASDAQ:SPRC	1H	+848%	1.08	92	102%
Macy's Inc NYSE:M	2H	+711%	1.31	301	65%

⚠Selected after the fact: these are the best 5 of 2,594 runs, not what to expect from this strategy.

Is Profitable Contrarian scalping profitable?

Not reliably, based on our tests. Across 2,594 backtests, 1 of 116 with more than 15 trades pass our quality gate. The best result is +1,583% on Urban Outfitters, Inc. (2H, 297 trades). On average, its results are statistically indistinguishable from chance (p = 0.44).

Strategies that passed our audit

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