Simple Pyramid Strategy

Simple Pyramid Strategy at a glance

Kind of rule	A rule of its own (rules-based)
Buys or sells	It can buy, and it can bet on falling prices.
Built on	price only
Where it was published	TradingView, by its author, as a Pine Script strategy
Tested on	34 cells: 15 coins, October 2021 to June 2026, no fee
Cells that placed a trade	32 of 34
Middle result before fees	+0.0%
Cells above zero	0 of 32
Middle drawdown before fees	0.0%
Page updated	2026-11-08

Simple Pyramid 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 Simple Pyramid Strategy works

Rules in this group usually work like this. This one does not sit in the usual groups. The buy and sell lines below are what it is. Read it the same way as the others: what it assumes, how many trades it took, and what happened on many coins and chart speeds rather than on one. 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. 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 Buy/Sell Indicator is above 0 and (cancel type input equals 'None' or Cancel Indicator is at or above 0).
• Enters short when not (Buy/Sell Indicator is above 0) and Buy/Sell Indicator is below 0 and (cancel type input equals 'None' or Cancel Indicator is at or below 0).
• Closes the position when cancel type input equals 'Close and Not New' and a long position is open and Cancel Indicator is below 0.
• Closes the position when cancel type input equals 'Close and Not New' and not (a long position is open) and a short position is open and Cancel Indicator is above 0.
• Closes the position when stop size differs from 0 and openprofit is below stop size.
• Closes the position when Buy/Sell Indicator is above 0 and not ((cancel type input equals 'None' or Cancel Indicator is at or above 0)) and a short position is open.

Buys or sells	It can buy, and it can bet on falling prices.
Tools it calculates	price only
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
Buy/Sell Indicator		Indicators
Cancel Indicator		Indicators
cancel type input		Indicators
Stop		Strategy Stop
stop type input		Strategy Stop

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 34 cells. It placed a trade on 32 of them. 0 of the cells that traded finished above zero (0.0%).

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.

Before fees, it sat 22nd on a list sorted by average Sharpe. That list charges no fee.

Cells tried	34
Cells that placed a trade	32
Finished above zero	0 (0.0% of the cells that traded)
Middle result, before fees	+0.0%
Strongest cell, the top of the range	AAVE daily: +0.0%
Weakest cell, the bottom of the range	AAVE daily: +0.0%
Middle drawdown, before fees	0.0%

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

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 0.0%.

What this does not show

The useful question is what the rule assumes, how many trades it took, and what happened across coins and chart speeds rather than in one cell.

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 Simple Pyramid 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.

"Simple Pyramid 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.