robotrading ZZ-8 fractals

Script from: TradingViewSwingTrend followingReversalPattern

The ZZ-8 Fractals strategy leverages Bill Williams' fractals for trading. It involves calculating fractals, drawing lines from them, and setting stop orders at these lines. Trade long if the price surpasses the lime line, and short if below the red line. Suitable for trading cryptocurrency/fiat pairs (e.g., BTC/USD) on a 4-hour or longer timeframe.

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 The backtests below were run while it was public and are no longer updated.

1,010backtestsarchived

47robust scoreranked median 52

0.09p-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 4.52 (p = 0.09), above the median of 1.98 (p = 0.24) for ranked strategies.

Quality gate

None of the 136 backtests with more than 15 trades passes our quality gate.

Robust score

47/100, 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.

4.52

avg. t-statistic

1.98

median, ranked strategies

Best 5 of 1,010 backtests

Shown for transparency. Frozen results, no longer updated.

Symbol	Timeframe	Net profit	Profit factor	Trades	Max drawdown
Netflix, Inc. NASDAQ:NFLX	4H	+178,062%	2.47	327	37%
Tesla, Inc. NASDAQ:TSLA	2H	+66,443%	1.51	523	42%
Netflix, Inc. NASDAQ:NFLX	1D	+50,714%	2.47	203	51%
Tesla, Inc. NASDAQ:TSLA	4H	+41,076%	2.47	238	53%
MicroStrategy Incorporated NASDAQ:MSTR	4H	+20,353%	1.40	445	71%