Manham Big Bar Trading Strategy

Script from: TradingViewSwingPrice actionMomentumCandlestickPattern

The Manham Big Bar Trading Strategy leverages strong bullish or bearish momentum of Big Bar candlesticks on a 5-minute timeframe, specifically effective for Nifty 50 Index. It utilizes Pine Script on TradingView with parameters like Lookback Period, Bullish/Bearish Big Bar Thresholds, Target Points, and Stop Loss Points. This strategy identifies candles with large bodies, capitalizing on their momentum for long/short positions. Adjust parameters for optimal results.

Audit verdict

ArchivedRemoved from TradingView

No longer on TradingView

We can't re-run or audit this script anymore. The backtests below were run while it was public and are no longer updated.

1,839backtestsarchived

30robust scoreranked median 52

0.18p-valueranked median 0.24

—repaint auditsource unavailable

Audit details

How we decide whether a strategy enters our rankings. Read the methodology →

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Repainting audit

Not performed: the source code is no longer accessible.

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Script availability

Removed from TradingView. You can't add it to a chart anymore.

✓

Statistical edge

Average t-statistic 2.25 (p = 0.18), above the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 81 backtests with more than 15 trades passes our quality gate.

Robust score

30/100, 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.

2.25

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,839 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Riot Platforms, Inc. NASDAQ:RIOT	2H	+12,953%	1.23	2,210	97%
Marathon Digital Holdings, Inc. NASDAQ:MARA	1H	+5,689%	1.07	2,150	93%
General Motors Company NYSE:GM	4H	+2,260%	1.34	146	80%
Cardano / TetherUS BINANCE:ADAUSDT	4H	+2,110%	1.47	150	74%
FTX Token / TetherUS BINANCE:FTTUSDT	1D	+1,265%	4.17	16	96%