Canuck Trading Trader Strategy

Canuck Trading Trader Strategy at a glance

Kind of rule	Joining a move (trend following)
Buys or sells	It can buy, and it can bet on falling prices.
Built on	ATR
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	69 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade	67 of 69
Middle result before fees	+0.0%
Cells above zero	59 of 67
Middle drawdown before fees	0.0%
Page updated	2026-11-08

Canuck Trading Trader Strategy backtest results, every cell

Every cell is in the picture, not only the strongest. To the right of the black line is above zero. The orange line, when you see one, is the middle.

How Canuck Trading Trader Strategy works

Rules in this group usually work like this. It waits until price is already moving, then joins that move. It is wrong in small ways many times, and right in a large way a few times. The hard part is the stretch where price chops around and every entry is a fake. 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; 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.

The author did not set a size, so each trade uses whatever amount the code assumes. It holds one trade at a time.

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 trend detected differs from 0 and position type equals 'none' and not (traded this bar) and (((cooldown − 1) − 1) − 1) equals 0 and trend detected equals 1 and (Trade Type (Long and Short) equals 'Long Only' or Trade Type (Long and Short) equals 'Long and Short').
• Enters short when trend detected differs from 0 and position type equals 'none' and not (traded this bar) and (((cooldown − 1) − 1) − 1) equals 0 and not (trend detected equals 1 and (Trade Type (Long and Short) equals 'Long Only' or Trade Type (Long and Short) equals 'Long and Short')) and trend detected equals −1 and (Trade Type (Long and Short) equals 'Short Only' or Trade Type (Long and Short) equals 'Long and Short').
• On entry, places a stop at (entry price × (1 − (Stop Loss (%) (3) / 100))), a target at (entry price × (1 + (Take Profit (%) (5) / 100))).
• On entry, places a stop at (entry price × (1 + (Stop Loss (%) (3) / 100))), a target at (entry price × (1 − (Take Profit (%) (5) / 100))).
• Closes the position when not (trend detected differs from 0 and position type equals 'none' and not (traded this bar) and (((cooldown − 1) − 1) − 1) equals 0) and position type equals 'long' and not (the close is above the previous close) and the close is below the previous close.
• Closes the position when not (trend detected differs from 0 and position type equals 'none' and not (traded this bar) and (((cooldown − 1) − 1) − 1) equals 0) and not (position type equals 'long') and position type equals 'short' and not (the close is below the previous close) and the close is above the previous close.

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	ATR
A second chart speed	No. It uses one chart speed only.
Only at certain hours	No.
Adding to a trade	It holds one trade at a time.
How much it trades	The author did not set a size, so each trade uses whatever amount the code assumes.
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
Lookback Candles	2
Min Trend Strength (%)	0.5
Stop Loss (%)	3
Take Profit (%)	5
Trade Type	Long and Short

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.

This is the second pass. A fee of 0.12 percent per side is taken on the buy and again on the sell. Only buys are counted. If the rule also bets on falling prices, those trades are not in these numbers.

After fees, none of its 0 cells finished above zero.

0 of the cells cleared a quality check: at least 50 trades, gains that are not one lucky trade, and a drawdown that is real without taking the whole account.

Cells tried after the fee	0
Finished above zero	0
Cells that cleared the quality check	0

Label: backtest · old prices, buys only, a fee of 0.12 percent per side, every cell · Oct 2021 – Jun 2026. Hypothetical results; see the risk disclosure.

How to read the result

How to read the number

There is no finished result on this page, so there is no middle number to set against a lucky coin.

What this does not show

The useful question, for a rule that joins a move already underway, is what it gave back in the choppy months when there was no trend to join.

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 Canuck Trading Trader Strategy

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 Canuck Trading Trader Strategy 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

"Canuck Trading Trader Strategy" 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.