Take profit Multi timeframe

Script from: TradingViewSwingTrend followingReversalVolumeDivergence

The Take Profit Multi Timeframe strategy offers a flexible risk-reward system where profits can be taken either by a fixed percentage or at resistance levels in higher timeframes—or a combination of both. Utilizing the Wave Trend indicator, this strategy has been refined with bug fixes, cleanups of old labels, enhancements with new labels, and the ability to set up resistance across any timeframe.

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.

2,419backtests3 markets

31robust scoreranked median 52

0.22p-valueranked median 0.24

3/161pass 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 1.80 (p = 0.22), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

3 of 161 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.

1.80

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,419 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
United Airlines Holdings, Inc. NASDAQ:UAL	2H	+18,237%	1.43	921	84%
Fastenal Company NASDAQ:FAST	1D	+4,849%	2.49	535	47%
ServiceNow, Inc. NYSE:NOW	4H	+1,882%	2.08	352	60%
Constellation Brands, Inc. NYSE:STZ	2H	+1,032%	1.52	685	44%
Huntington Bancshares Incorporated NASDAQ:HBAN	2H	+929%	1.28	792	64%

⚠Selected after the fact: these are the best 5 of 2,419 runs, not what to expect from this strategy.

Is Take profit Multi timeframe profitable?

Not reliably, based on our tests. Across 2,419 backtests, 3 of 161 with more than 15 trades pass our quality gate. The best result is +18,237% on United Airlines Holdings, Inc. (2H, 921 trades). On average, its results are statistically indistinguishable from chance (p = 0.22).

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