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Strategy Myth-Busting #11 - TrendMagic+SqzMom+CDV - [MYN]

Script from: TradingViewSwing

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.

284backtests3 markets
26robust scoreranked median 52
0.74p-valueranked median 0.24
0/4pass 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 0.35 (p = 0.74), below the median of 1.98 (p = 0.24) for ranked strategies.
✕
Quality gate
None of the 4 backtests with more than 15 trades passes our quality gate.
✕
Robust score
26/100, 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.

0.35
avg. t-statistic
1.98
median, ranked strategies

Best 4 of 284 backtests

Shown for transparency.

SymbolTimeframeNet profitProfit factorTradesMax drawdown
iPath Series B S&P 500 VIX Short-Term Futures ETN
AMEX:VXX
1H+27%1.187527%
BTCUSDTPERP PERPETUAL MIX CONTRACT
BITGET:BTCUSDT.P
4H+18%1.263930%
BTCUSDTPERP PERPETUAL MIX CONTRACT
BITGET:BTCUSDT.P
1H+3%1.0212135%
BTCUSDTPERP PERPETUAL MIX CONTRACT
BITGET:BTCUSDT.P
1H+1%1.0112035%
⚠Selected after the fact: these are the best 4 of 284 runs, not what to expect from this strategy.

Is Strategy Myth-Busting #11 - TrendMagic+SqzMom+CDV - [MYN] profitable?

Not reliably, based on our tests. Across 284 backtests, 0 of 4 with more than 15 trades pass our quality gate. The best result is +27% on iPath Series B S&P 500 VIX Short-Term Futures ETN (1H, 75 trades). On average, its results are statistically indistinguishable from chance (p = 0.74).

Strategies that passed our audit

Ranked strategies from the same family, ordered by robust score.

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