APEX V2 at a glance
| Kind of rule | Betting on a snap-back (mean reversion) |
|---|---|
| Buys or sells | It can buy, and it can bet on falling prices. |
| Built on | ATR, Bollinger Bands, Donchian Channels, EMA, Hull MA, Pivot points, RSI, SMA, Standard deviation, VWMA, VWAP, WMA, RMA, percent rank, pivot low |
| Where it was published | TradingView, by its author, as a Pine Script strategy |
| Tested on | 13 cells: 13 coins, October 2021 to June 2026, no fee |
| Trades placed | none |
| Page updated | 2026-11-08 |
APEX V2 backtest results, every cell
There is no cloud of cells to draw. The frame below says why.
How APEX V2 works
Rules in this group usually work like this. It buys after a fall and sells after a rise, on the idea that price returns toward normal. The wins are usually small and frequent. The loss comes when price does not return and the stretch turns into a trend. The next paragraph is this particular rule, which can be narrower than the group.
It can buy, and it can bet on falling prices. It acts only when several checks agree at once. It leans on ATR, EMA, Hull MA, percent rank; those names are explained on their own pages, further down. The exact line is in the list below, in the author's names, and you can skip that list. When it enters, it also sets a stop or a target, so a trade can close without a new signal.
Each trade uses the whole account. It can stack up to 3 trades in the same direction.
The exact condition, from the code
Same rule, translated from the code, in the author's names. You can skip this list if the paragraph above was enough.
- Enters long when Enable LONG Trades (on) and (bull signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bull signals is above 0) and no position is open.
- Enters short when Enable SHORT Trades (on) and (bear signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bear signals is above 0) and no position is open.
- Places a stop at (the close × (1 − (Stop Loss % (2) / 100))), a target at ((the close × (1 + (Take Profit % (4) / 100))) when Enable Take Profit (on), else undefined), a trailing stop when Enable LONG Trades (on) and (bull signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bull signals is above 0) and no position is open and Enable Stop Loss (on).
- Places a stop at (the close × (1 + (Stop Loss % (2) / 100))), a target at ((the close × (1 − (Take Profit % (4) / 100))) when Enable Take Profit (on), else undefined), a trailing stop when Enable SHORT Trades (on) and (bear signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bear signals is above 0) and no position is open and Enable Stop Loss (on).
- Closes the position when a long position is open and Enable SHORT Trades (on) and (bear signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bear signals is above 0).
- Closes the position when a short position is open and Enable LONG Trades (on) and (bull signals is at or above Minimum Confluence Count (3) when Require Multi-Indicator Confluence (on), else bull signals is above 0).
| Buys or sells | It can buy, and it can bet on falling prices. |
|---|---|
| Tools it calculates | ATR, Bollinger Bands, Donchian Channels, EMA, Hull MA, Pivot points, RSI, SMA, Standard deviation, VWMA, VWAP, WMA, RMA, percent rank, pivot low |
| A second chart speed | Yes. It also looks at a second chart speed. |
| Only at certain hours | Yes. It only acts during set hours. |
| Adding to a trade | It can stack up to 3 trades in the same direction. |
| How much it trades | Each trade uses the whole account. |
| Cost the author assumed | The author assumed no trading cost. |
Default settings
The test used the defaults in the middle column. Nothing was turned to help a coin.
| Setting | Default | Group |
|---|---|---|
| Enable LONG Trades | on | |
| Enable SHORT Trades | on | |
| Require Multi-Indicator Confluence | on | |
| Minimum Confluence Count | 3 | |
| Enable FAM | on | |
| VWAP Mode | Session Anchored | |
| Deviation Method | Price Volatility | |
| Volume Lookback | 45 | |
| Volume Surge Multiplier | 2.25 | |
| RVOL Threshold | 0.6 | |
| 2m Threshold | 8 | |
| 5m Threshold | 8 | |
| 15m Threshold | 4 | |
| Show FAM Gradient Ribbon | on | |
| Enable DBE | on | |
| Bias Lookback | 100 | |
| Bias Threshold | 0.65 | |
| Momentum Weight | 0.4 | |
| Enable SMS | on | |
| Pivot Left Bars | 10 | |
| Pivot Right Bars | 10 | |
| Structure Lookback | 50 | |
| Enable VCL | on | |
| ATR Length | 14 |
and 52 more settings, left at the author's defaults.
How the backtest was run
Every strategy was tried the same way, on the settings the author published.
The years are October 2021 to June 2026. The prices are from Bybit, for 13 widely traded coins, mostly on hourly, 4-hour and daily charts, with some faster charts. That was 47,242 tries. The window stored in the files is 2021-09..2026-06.
599 rules produced a finished try. A rule that finished above zero on at least 12 cells, before any fee, was tried again with a fee of 0.12 percent per side. Only buys are counted in that second try. 273 rules got it.
The method, the aggregate results and a downloadable table are on the study page. What the desk does with the results beyond these pages is its own.
Before any fee, it was tried on 13 cells, and it placed no trades.
It was not run a second time with a fee. That second pass happens only when at least 12 cells finished above zero before fees. 273 rules got that pass.
| Cells tried | 13 |
|---|---|
| Cells that placed a trade | 0 |
| Finished above zero | 0 |
Label: backtest · old prices, zero commission · Oct 2021 – Jun 2026. Hypothetical results; see the risk disclosure.
How to read the result
How to read the number
No cell took a trade, so there is no return to read. The rule above is the whole note.
What this does not show
The useful question is the stretch that never snapped back. That is where a year of small wins can disappear.
There is no cell to single out, and this note does not invent one. Other years, another exchange, or another fee would be a different measurement.
Questions about APEX V2
What is APEX V2?
APEX V2 is a mean reversion trading strategy published on TradingView as a Pine Script. In plain terms it is a rule of the kind this site calls betting on a snap-back. It can buy, and it can bet on falling prices. It is built on ATR, Bollinger Bands, Donchian Channels, EMA, Hull MA, Pivot points, RSI, SMA, Standard deviation, VWMA, VWAP, WMA, RMA, percent rank, pivot low. This page reads the rules from the code and reports what they did on old crypto prices.
How does APEX V2 work?
It can buy, and it can bet on falling prices. It acts only when several checks agree at once. It leans on ATR, EMA, Hull MA, percent rank; those names are explained on their own pages, further down. The exact line is in the list below, in the author's names, and you can skip that list. When it enters, it also sets a stop or a target, so a trade can close without a new signal.
Is APEX V2 profitable in a backtest?
There is no result to judge. The rule was tried on 13 cells and never placed a trade, usually because a condition never came true on these coins and chart speeds with the author's default settings.
Where can I find the APEX V2 script?
It is published on TradingView by its author. Search TradingView for the title to find the original script. This page is an independent reading and is not affiliated with the author.
What does backtest mean on this page?
Backtest means the rule was replayed on old prices from Bybit. No real money moved. Every number on this page carries that label, and old prices do not promise anything about new ones.
Words used on this page
- Backtest
- The rule was tried on old prices. No real money moved.
- Cell
- One coin on one chart speed. Bitcoin every 4 hours is one cell. Bitcoin once a day is another.
- Chart speed
- How often a new price bar is drawn. 15m means every 15 minutes, 1h means hourly, 4h means every 4 hours, 1D means once a day.
- Fee, per side
- A cost taken each time the rule trades. Per side means once on the way in and once on the way out.
- Median
- Line the cells up from the biggest loss to the biggest gain. The median is the middle one. Half the cells did better and half did worse.
- Drawdown
- The deepest fall from a high point along the way, as a percent of the account at that high.
- Above zero
- The account finished with more than it started.
The indicators APEX V2 uses
Each has its own page: what it measures, how it is read, where it misleads.
- ATR (average true range): the volatility number behind most stops
- Bollinger Bands: a moving average with two standard deviations on each side
- Donchian Channels: the highest high and lowest low, and the breakout rule they define
- Exponential moving average (EMA): what it measures and where it misleads
- Hull moving average (HMA): how it removes lag, and what it costs
- Pivot points: swing pivots and floor-trader pivots, two different things with one name
- RSI (relative strength index): the formula, the 70/30 rule, and why it misleads in trends
- Simple moving average (SMA): the plainest average, and why it still runs half the strategies
- Standard deviation in trading: the volatility measure inside Bollinger Bands and z-scores
- Volume-weighted moving average (VWMA): an average that listens to volume
- VWAP: the volume-weighted average price, and why its anchor is the whole question
- Weighted moving average (WMA): linear weights, less lag, and the price of it
- Wilder's smoothing (RMA): the average inside RSI, ATR and ADX
"APEX V2" was published on TradingView by its author, under the author's own license. This page is an independent reading of those rules and of what they did on these old prices. It is not written with the author, and it is not a recommendation. Not every detail survives the translation onto this page, so read the original before you rely on it.