Good luck!

Good luck! at a glance

Kind of rule	Trading activity (volume-based)
Buys or sells	It can buy, and it can bet on falling prices.
Built on	ATR, EMA, Pivot points, VWAP, pivot low
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	53 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade	51 of 53
Middle result before fees	+0.0%
Cells above zero	1 of 51
Middle drawdown before fees	9.1%
Page updated	2026-11-08

Good luck! 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 Good luck! works

Rules in this group usually work like this. It acts when a lot of the coin is changing hands, or when price is on one side of the average price paid (often called VWAP). The idea is that a move with heavy trading behind it is more likely to continue. Crypto volume differs by exchange, so the filter inherits that. 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, pivot high, pivot low; 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. It gets out when another set of checks agrees. That line is in the list below too.

Each trade uses the whole account. It can stack up to 2 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 the close is above the 9-period EMA of the close and the previous close is at or below the previous 9-period EMA of the close and (not (Use Trend Filter (on)) or the 9-period EMA of the close is above the 55-period EMA of the close).
• Enters short when the close is below the 9-period EMA of the close and the previous close is at or above the previous 9-period EMA of the close and (not (Use Trend Filter (on)) or the 9-period EMA of the close is below the 55-period EMA of the close).
• Closes the position when the close is above the 9-period EMA of the close and the previous close is at or below the previous 9-period EMA of the close and (not (Use Trend Filter (on)) or the 9-period EMA of the close is above the 55-period EMA of the close).
• Closes the position when the close is below the 9-period EMA of the close and the previous close is at or above the previous 9-period EMA of the close and (not (Use Trend Filter (on)) or the 9-period EMA of the close is below the 55-period EMA of the close).
• Closes the position when a long position is open and the close is below the 55-period EMA of the close.
• Closes the position when a short position is open and the close is above the 55-period EMA of the close.

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	ATR, EMA, Pivot points, VWAP, pivot low
A second chart speed	No. It uses one chart speed only.
Only at certain hours	No.
Adding to a trade	It can stack up to 2 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
Fast EMA	9
Medium EMA	21
Slow EMA	55
Use Trend Filter	on
Use ATR Stop	on
ATR Length	14
ATR Multiplier	1.5
Show VWAP	on
Gap Extension	20
Swing Length	10
History	20
Box Width	2.5

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 53 cells. It placed a trade on 51 of them. 1 of the cells that traded finished above zero (2.0%).

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	53
Cells that placed a trade	51
Finished above zero	1 (2.0% of the cells that traded)
Middle result, before fees	+0.0%
Strongest cell, the top of the range	BTC 4-hour: +0.0%
Weakest cell, the bottom of the range	BTC hourly: −0.4%
Middle drawdown, before fees	9.1%

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

The median of every cell that traded is the result. No fee has been taken off, so the number is a ceiling. A fee comes off each trade, and this page does not guess that cost, because this rule did not get the second pass where the fee is applied. The weakest and the strongest cells are not a result on their own.

The middle drawdown, on the cells that traded, was 9.1%.

What this does not show

The useful question is which exchange the volume came from. The amount traded is not the same number everywhere.

Nothing on this page was fit to the cell that finished highest. One coin, one chart speed, or one strong stretch is a single row. It is not the rule. Other years, another exchange, or another fee would be a different measurement.

Questions about Good luck!

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 Good luck! 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
• Exponential moving average (EMA): what it measures and where it misleads
• Pivot points: swing pivots and floor-trader pivots, two different things with one name
• VWAP: the volume-weighted average price, and why its anchor is the whole question

"Good luck!" 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.