OPEN-SOURCE SCRIPT
EvoD Trader Range
**EvoD Trader Range — Market-Open Range Backtester with 12-Signal Exit Simulation**
A range/opening-range-breakout backtesting and alerting tool for futures, stocks, and forex, anchored to your choice of New York, London, or Tokyo market opens — or the CME's daily maintenance reopen for futures-specific setups.
**What it does**
- Builds a price range around a configurable window (Initial Balance, Opening Range, EvoD ORB, or CME-anchored shapes), then tracks 12 independent signal types off that range: breakouts (BOL/BOS), failed-auction reversals (FAL/FAS), mid-range crosses (MIDL/MIDS), and six wick-rejection patterns at the range high, low, and midpoint (WHL/WHS/WLL/WLS/WML/WMS).
- Only one trade is ever considered "live" at a time across all 12 signals — whichever fires first takes the slot until it stops out or reaches its final target.
- Every signal shares one stop model: the tighter of an ATR-based stop off the entry candle's body (or the wick bar's extreme, for the six wick signals) versus a cap of 25% of the day's range height — so risk never exceeds a fixed fraction of the range regardless of how wide ATR gets.
- Targets sit at 50%/100%/200% of the day's range height from entry, with three configurable exit styles: scale out across all three legs (moving to breakeven after the first), or take the full position at a single target.
- A consolidated performance table reports trade count, win rate, target-touch rates, expectancy (points and $), profit factor, drawdown, and a per-weekday win/loss breakdown for every enabled signal plus a combined total — with a CSV export to Pine Logs for further analysis.
**How to use it**
Add it to a 5-minute chart, pick a Range Shape and Market from the Preset group (or Custom for manual session times), enable the signals you want to track, and set a Start/End Date to backtest a specific window.
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**Backtesting limitations — read before trusting the numbers**
This is a visual/statistical simulation built from confirmed-bar price data, not TradingView's Strategy Tester, and not a substitute for a real broker fill model:
- **No slippage, commissions, or execution latency are modeled.** Entries are simulated at the signal bar's close; stops and targets are simulated as filled instantly at the exact level, the moment intrabar price touches it. In a live account, fast or thin markets can fill you meaningfully worse than these levels — especially on gap-through-stop scenarios, which this script does not distinguish from a clean stop fill.
- **Targets register on intrabar high/low touch, not on a confirmed close.** A wick that barely tags a target counts the same as a strong close through it.
- **Same-bar stop/target conflicts resolve conservatively as a stop-out**, which may understate results relative to what a live fill would actually do (or overstate them, if your real fills would have favored the target).
- **Only one trade is tracked at a time, script-wide.** If you'd realistically take multiple signals simultaneously with separate capital, this backtest understates your actual trade frequency and doesn't reflect the correlation risk of holding several correlated positions at once.
- **Results depend entirely on the chart's loaded history and your Start/End Date settings.** A narrow window, a single instrument, or a period with unusually favorable/unfavorable conditions for a given signal is not a reliable estimate of forward performance.
- **The Range Quality Filter, holiday exclusions, and session/timezone logic all shape which days even get counted** — changing any of them changes the sample, not just the results on a fixed sample.
- Past performance shown by this or any backtest, simulated or real, does not guarantee future results. This script is for research and education, not financial advice — always forward-test on a demo/sim account before risking real capital.
A range/opening-range-breakout backtesting and alerting tool for futures, stocks, and forex, anchored to your choice of New York, London, or Tokyo market opens — or the CME's daily maintenance reopen for futures-specific setups.
**What it does**
- Builds a price range around a configurable window (Initial Balance, Opening Range, EvoD ORB, or CME-anchored shapes), then tracks 12 independent signal types off that range: breakouts (BOL/BOS), failed-auction reversals (FAL/FAS), mid-range crosses (MIDL/MIDS), and six wick-rejection patterns at the range high, low, and midpoint (WHL/WHS/WLL/WLS/WML/WMS).
- Only one trade is ever considered "live" at a time across all 12 signals — whichever fires first takes the slot until it stops out or reaches its final target.
- Every signal shares one stop model: the tighter of an ATR-based stop off the entry candle's body (or the wick bar's extreme, for the six wick signals) versus a cap of 25% of the day's range height — so risk never exceeds a fixed fraction of the range regardless of how wide ATR gets.
- Targets sit at 50%/100%/200% of the day's range height from entry, with three configurable exit styles: scale out across all three legs (moving to breakeven after the first), or take the full position at a single target.
- A consolidated performance table reports trade count, win rate, target-touch rates, expectancy (points and $), profit factor, drawdown, and a per-weekday win/loss breakdown for every enabled signal plus a combined total — with a CSV export to Pine Logs for further analysis.
**How to use it**
Add it to a 5-minute chart, pick a Range Shape and Market from the Preset group (or Custom for manual session times), enable the signals you want to track, and set a Start/End Date to backtest a specific window.
---
**Backtesting limitations — read before trusting the numbers**
This is a visual/statistical simulation built from confirmed-bar price data, not TradingView's Strategy Tester, and not a substitute for a real broker fill model:
- **No slippage, commissions, or execution latency are modeled.** Entries are simulated at the signal bar's close; stops and targets are simulated as filled instantly at the exact level, the moment intrabar price touches it. In a live account, fast or thin markets can fill you meaningfully worse than these levels — especially on gap-through-stop scenarios, which this script does not distinguish from a clean stop fill.
- **Targets register on intrabar high/low touch, not on a confirmed close.** A wick that barely tags a target counts the same as a strong close through it.
- **Same-bar stop/target conflicts resolve conservatively as a stop-out**, which may understate results relative to what a live fill would actually do (or overstate them, if your real fills would have favored the target).
- **Only one trade is tracked at a time, script-wide.** If you'd realistically take multiple signals simultaneously with separate capital, this backtest understates your actual trade frequency and doesn't reflect the correlation risk of holding several correlated positions at once.
- **Results depend entirely on the chart's loaded history and your Start/End Date settings.** A narrow window, a single instrument, or a period with unusually favorable/unfavorable conditions for a given signal is not a reliable estimate of forward performance.
- **The Range Quality Filter, holiday exclusions, and session/timezone logic all shape which days even get counted** — changing any of them changes the sample, not just the results on a fixed sample.
- Past performance shown by this or any backtest, simulated or real, does not guarantee future results. This script is for research and education, not financial advice — always forward-test on a demo/sim account before risking real capital.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.