Heikin Ashi Smoothed Buy Sell with Filters Backtest

Script from: TradingViewIntradayTrend followingMomentumVolumeVolatility

The Heikin Ashi Smoothed Buy Sell with Filters Backtest is a comprehensive Pine Script trading tool that generates buy/sell signals based on the smoothed Heikin Ashi method with additional filters for trend, momentum, volatility, and volume. It allows customization of trade settings and moving averages, visualizing market trends and signal strength on charts, and sends alerts when pre-defined conditions are met to capture trading opportunities.

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.

2,431backtests3 markets

42robust scoreranked median 52

0.31p-valueranked median 0.24

1/66pass quality gatebacktests >15 trades

Audit details

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

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Repainting audit

Not run yet.

✓

Script availability

Closed-source, still published on TradingView.

Statistical edge

Average t-statistic 1.49 (p = 0.31), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 66 backtests with more than 15 trades pass our quality gate.

Robust score

42/100, 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.

1.49

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 2,431 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
SunPower Corporation NASDAQ:SPWR	1H	+55%	1.33	1,051	12%
Viatris Inc. NASDAQ:VTRS	2H	+46%	1.45	711	10%
Gap, Inc. (The) NYSE:GPS	2H	+39%	1.32	716	16%
U.S. Dollar/Swiss Franc FX:USDCHF	4H	+37%	1.33	861	6%
Gap, Inc. (The) NYSE:GPS	1H	+33%	1.19	1,059	11%

⚠Selected after the fact: these are the best 5 of 2,431 runs, not what to expect from this strategy.

Is Heikin Ashi Smoothed Buy Sell with Filters Backtest profitable?

Not reliably, based on our tests. Across 2,431 backtests, 1 of 66 with more than 15 trades pass our quality gate. The best result is +55% on SunPower Corporation (1H, 1051 trades). On average, its results are statistically indistinguishable from chance (p = 0.31).

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