Out of the Noise Intraday Strategy with VWAP [YuL]

Out of the Noise Intraday Strategy with VWAP [YuL] 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	Standard deviation, VWAP
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	51 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade	11 of 51
Middle result before fees	−59.0%
Cells above zero	4 of 11
Middle drawdown before fees	78.8%
Page updated	2026-11-08

Out of the Noise Intraday Strategy with VWAP [YuL] 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 Out of the Noise Intraday Strategy with VWAP [YuL] 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 standard deviation, VWAP; 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.

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 not (Exit at End of Session (on) and islastbar) and no long position is open and the close is above (the larger of the open and the previous close × (1 + )) and (not (isfirstbar) or not (Exit at End of Session (on))) and cast int (((equity × target) / the close)) is above 0.
• Enters short when not (Exit at End of Session (on) and islastbar) and no short position is open and the close is below (the smaller of the open and the previous close × (1 − )) and (not (isfirstbar) or not (Exit at End of Session (on))) and cast int (((equity × target) / the close)) is above 0.
• Closes the position when Exit at End of Session (on) and islastbar.
• Closes the position when not (Exit at End of Session (on) and islastbar) and no long position is open and the close is above the smaller of VWAP and (the smaller of the open and the previous close × (1 − )).
• Closes the position when not (Exit at End of Session (on) and islastbar) and no short position is open and the close is below the larger of VWAP and (the larger of the open and the previous close × (1 + )).

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	Standard deviation, VWAP
A second chart speed	Yes. It also looks at a second chart speed.
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 a trading cost of 0.0035 per contract.

Default settings

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

Setting	Default	Group
Period	14
Exit at End of Session	on
Leverage Long	4
Leverage Short	4
Use Volatility Target:	on
volume target	0.02

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 51 cells. It placed a trade on 11 of them. 4 of the cells that traded finished above zero (36.4%).

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	51
Cells that placed a trade	11
Finished above zero	4 (36.4% of the cells that traded)
Middle result, before fees	−59.0%
Strongest cell, the top of the range	ETH daily: +159.5%
Weakest cell, the bottom of the range	DOGE daily: −102.7%
Middle drawdown, before fees	78.8%

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 78.8%.

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 Out of the Noise Intraday Strategy with VWAP [YuL]

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 Out of the Noise Intraday Strategy with VWAP [YuL] uses

Each has its own page: what it measures, how it is read, where it misleads.

• Standard deviation in trading: the volatility measure inside Bollinger Bands and z-scores
• VWAP: the volume-weighted average price, and why its anchor is the whole question

"Out of the Noise Intraday Strategy with VWAP [YuL]" 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.