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The strategy example. Close position by timeout

Script from: TradingViewIntraday

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.

1,148backtests3 markets
25robust scoreranked median 52
0.24p-valueranked median 0.24
6/29pass 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 1.52 (p = 0.24), below the median of 1.98 (p = 0.24) for ranked strategies.
✓
Quality gate
6 of 29 backtests with more than 15 trades pass our quality gate.
✕
Robust score
25/100, 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.

1.52
avg. t-statistic
1.98
median, ranked strategies

Best 5 of 1,148 backtests

Shown for transparency.

SymbolTimeframeNet profitProfit factorTradesMax drawdown
NEO / TetherUS
BINANCE:NEOUSDT
1D+158%1.5324537%
OP / TetherUS
BINANCE:OPUSDT
4H+73%1.1866823%
GRT / TetherUS
BINANCE:GRTUSDT
1D+69%1.4915620%
PSQ Holdings, Inc.
NYSE:PSQH
1D+65%1.496530%
Pacific Gas & Electric Co.
NYSE:PCG
1H+50%1.221,18817%
⚠Selected after the fact: these are the best 5 of 1,148 runs, not what to expect from this strategy.

Is The strategy example. Close position by timeout profitable?

Not reliably, based on our tests. Across 1,148 backtests, 6 of 29 with more than 15 trades pass our quality gate. The best result is +158% on NEO / TetherUS (1D, 245 trades). On average, its results are statistically indistinguishable from chance (p = 0.24).

Strategies that passed our audit

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

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