ADX+BB %B+AO+EMA Strategy [PineMyths] #2

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.

1,136backtests3 markets

23robust scoreranked median 52

0.58p-valueranked median 0.24

1/13pass quality gatebacktests >15 trades

Audit details

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

–

Repainting audit

Not run yet.

✓

Script availability

Closed-source, still published on TradingView.

Statistical edge

Average t-statistic 0.60 (p = 0.58), below the median of 1.98 (p = 0.24) for ranked strategies.

✓

Quality gate

1 of 13 backtests with more than 15 trades pass our quality gate.

Robust score

23/100, 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.

0.60

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,136 backtests

Shown for transparency.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Texas Instruments Incorporated NASDAQ:TXN	4H	+67%	2.51	80	9%
iPath Series B S&P 500 VIX Short-Term Futures ETN AMEX:VXX	1H	+39%	1.25	228	17%
Walt Disney Company (The) NYSE:DIS	1H	+35%	1.46	112	15%
Broadcom Inc. NASDAQ:AVGO	4H	+32%	2.32	45	5%
Snowflake Inc. NYSE:SNOW	15m	+15%	1.13	161	16%

⚠Selected after the fact: these are the best 5 of 1,136 runs, not what to expect from this strategy.

Is ADX+BB %B+AO+EMA Strategy [PineMyths] #2 profitable?

Not reliably, based on our tests. Across 1,136 backtests, 1 of 13 with more than 15 trades pass our quality gate. The best result is +67% on Texas Instruments Incorporated (4H, 80 trades). On average, its results are statistically indistinguishable from chance (p = 0.58).

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