Elliott Wave Fusion - Strategy [presentTrading]

Script from: TradingViewSwingPrice actionMarket structureTrend followingVolatilityPattern

The Elliott Wave Fusion strategy uses Elliott Wave theory for market cycle analysis, applying the ZigZag algorithm to filter noise and highlight significant trends. It combines Bollinger Bands for volatility and trend guidance and the Supertrend indicator for clear exit signals. Configurable for long, short, or both directions, it accommodates various trading styles and is suitable for both swing trading and short-term tactics.

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 The backtests below were run while it was public and are no longer updated.

1,904backtestsarchived

33robust scoreranked median 52

0.52p-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 0.74 (p = 0.52), below the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 77 backtests with more than 15 trades passes 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.

0.74

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,904 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
SciSparc Ltd. NASDAQ:SPRC	1H	+276%	4.47	18	47%
Norwegian Cruise Line Holdings Ltd. NYSE:NCLH	4H	+257%	5.05	33	44%
Kinder Morgan, Inc. NYSE:KMI	2H	+228%	2.07	93	26%
CarMax Inc NYSE:KMX	1H	+184%	1.55	141	41%
AT&T Inc. NYSE:T	4H	+154%	2.79	64	17%

⚠Archived and selected after the fact: these are the best runs from when the script was public. They are not refreshed.

Is Elliott Wave Fusion - Strategy [presentTrading] still available on TradingView?

No. The script has been removed from TradingView. The 1,904 backtests on this page were run while it was public and are no longer updated.

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