FCPO Rejection Zone
Trade the failed retest of a supply/demand zone — entry fires when price sweeps a zone and reclaims it (rejection candle). High-frequency mean-reversion captured on TV with 770 trades over 1,038 trading days.
Profitability — TV multi-year derived
NEGATIVE EV“A rejection happens when smart money traps breakout traders by sweeping a zone and immediately reclaiming it. The system fires on that reclaim candle. On FCPO 5m the raw signal is statistically a coin flip — close to break-even but just below it. Captured here as the closest-to-tradable mean-reversion variant in our library.”
The featured config below was not directly covered by the walk-forward grids (different dataset or timeframe, or the in-sample SQN was too low to promote to OOS evaluation). Treat the in-sample numbers with appropriate caution — no unseen-window validation yet.
This strategy: Wave-5 TV Strategy Tester capture (770 trades, 1,038 trading days). 33.9% WR with PF 0.96 — very close to break-even but slightly negative net (-1,875 MYR). Trades fire often enough that even small per-trade EV improvements would tip it positive; needs filtering on regime / volume.
TradingView 5m, multi-year history
TV Wave-5 multi-year on 5m: 770 trades, 33.9% WR, PF 0.96, -1,875 MYR net over 1,038 trading days. Closest-to-tradable mean-reversion in the library — small filter improvements (regime / volume / session) could push it positive.
Local 1-month sweep — in-sample only, weak signal
In-sample only — weak signalTV Strategy Tester evidence
Captured from TradingViewPerformance Summary (TV native panel)
List of Trades panel
Trade list (770 trades)
Strategy properties
- Style
- scalp
- Profile
- High Win Rate
- Trades / day
- 0.74
- Avg bars held
- —
- TV compile status
- Compiled (Pine v6 PASS)
- Walk-forward
- Walk-forward untested
Parameters
- zoneType
- rejection
- entryMode
- sweep_and_reclaim
- slTicks
- 30
- rr
- 1.5
Applies to
- Market: FCPO (Crude Palm Oil Futures, Bursa Malaysia)
- Timeframe: 5m
- Style: Scalping (seconds to minutes)
- Complexity: 4+ rules, confluence-based
When it works
Did not show a stable edge in the sample — treat with caution.
Related strategies (mean-reversion)
Full raw backtest result
{
"dataset": "TV intraday",
"tf": "5m",
"params": {
"zoneType": "rejection",
"entryMode": "sweep_and_reclaim",
"slTicks": 30,
"rr": 1.5
},
"trades": 770,
"winRate": 33.9,
"netProfitMYR": -1875,
"profitFactor": 0.96,
"sqn": -0.18,
"maxDrawdownMYR": 8500
}