Megacap Tech Channel & Index [Scott Master v4.93]

Megacap Tech Channel & Index [Scott Master v4.93] at a glance

Kind of rule	Betting on a snap-back (mean reversion)
Buys or sells	It only buys. It does not bet on falling prices.
Built on	ATR, EMA, RSI, SMA, percentile
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	7 cells: 7 coins, October 2021 to June 2026, no fee
Trades placed	none
Page updated	2026-11-08

Megacap Tech Channel & Index [Scott Master v4.93] backtest results, every cell

There is no cloud of cells to draw. The frame below says why.

How Megacap Tech Channel & Index [Scott Master v4.93] 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 only buys. It does not bet on falling prices. It acts only when several checks agree at once. It leans on ATR, EMA, percentile, RSI; 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 the low is at or below (the 20-period EMA of the close − (the 20-period ATR × Channel Width (Lower) (1.7))) and the close is above the open and the 3-period SMA of RSI value is at or below active os and has reset and undefined is at or below VIX Buy Block (Hard Stop) (27) and not (Enable Earnings Blackout Guard (Pillar 13) (on) and not (last earnings was goldilocks)) and quantity is at or above 1 and (quantity × ….
• Closes the position when a long position is open and (the 3-period SMA of RSI value is at or above active order block or the close is at or above (the 20-period EMA of the close + (the 20-period ATR × 2.5))) and (the bar index − strategy.opentrades.entry bar index(0)) is at or above Min Hold Bars (Sticky) (3).
• Places a stop at the larger of initial hard stop and (the close − (the 20-period ATR × ATR Trail Multiplier (2.5))) when a long position is open.

Buys or sells	It only buys. It does not bet on falling prices.
Tools it calculates	ATR, EMA, RSI, SMA, percentile
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 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 a trading cost of 1 per contract.

Default settings

The test used the defaults in the middle column. Nothing was turned to help a coin.

Setting	Default	Group
Limit Order Buffer (%)	0.2
Global Macro Pause (War/Tariffs)	off
VIX Buy Block (Hard Stop)	27
Enable Earnings Blackout Guard (Pillar 13)	on
Use ATR-Based Hard Stop	on
ATR Stop Multiplier	1
Fixed Hard Stop (%)	4
Budget per Trade ($)	5000
Price Slip Buffer (%)	1
Skip if ATR < 3× Commission	on
Accel Multiplier (Leader/Confidence)	1.2
Skeptic Multiplier (VIX Panic)	0.5
Enable 90-Day Cycle Tuning	on
Manual Oversold Fallback	37
Manual Overbought Fallback	70
Warm Start OS Percentile (15D)	35
Warm Start OB Percentile (15D)	70
Sector Guard Index	_techIndex_default__global__
VIX Confidence Threshold	21
VIX Panic Threshold	25
Channel Width (Lower)	1.7
ATR Trail Multiplier	2.5
Min Hold Bars (Sticky)	3

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 7 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	7
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 Megacap Tech Channel & Index [Scott Master v4.93]

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 Megacap Tech Channel & Index [Scott Master v4.93] 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
• 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

"Megacap Tech Channel & Index [Scott Master v4.93]" 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.