scalpHigh Rcustommulti-factorBest TF: 5mWalk-forward untestedTV: Compiled (Pine v6 PASS)
Variant of FCPO Rejection Zone

FCPO Rejection Zone H22 Short

Wave-8 Stage C research candidate. Short-only 5m rejection-zone setup during 22:00-22:59. It is the strongest cost-realistic intraday lead so far, but it is not live-ready until it passes date-split, robustness, and forward paper testing.

Profitability — TV multi-year derived

SUBPAR
RM/Day
43
net MYR ÷ trading days
Trades/Day
0.2
avg trade frequency
Monthly Est
RM 951
RM/day × 22 days
Trading Days
243
2025-05-19 → 2026-04-24
Philosophy

“The hypothesis is highly specific: during the 22:00 FCPO session, bearish 5m Ichimoku context plus a tight two-candle rejection zone has enough downside continuation to pay for a wide target after realistic costs. The edge is not generic rejection-zone trading.”

Walk-forward status: Walk-forward untested

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-8 Stage C TV Strategy Tester capture reproduced on 2026-04-25: 60 trades, 40.0% WR, PF 1.505, +10,500 MYR net from 2025-05-19 to 2026-04-24. It reaches +43.21 MYR/day, just below the 45 MYR/day tradable gate. Needs CSV export, date split, adjacent-parameter robustness, and forward paper testing before promotion.

Authoritative result · TV multi-year backtest

TradingView 5m, multi-year history

TV PROFITABLE
Net (MYR)
+10,500
Profit Factor
1.50
Win rate
40.0%
Trades
60
Max DD (MYR)
+3,440

Wave-8 Stage C lead: 5m, short-only, h22 session, max zone 12 ticks, SL 10, TP 50. Research candidate only; not live-ready.

Tested 2026-04-25. This is the load-bearing evidence — it overrides the 1-month sweep below.

Local 1-month sweep — in-sample only, weak signal

In-sample only — weak signal
SQN
0.31
Profit Factor
1.50
Win rate
40.0%
Trades
60
Net profit
MYR +10,500
Max drawdown
MYR +3,440
Dataset
TV intraday
Timeframe
5m

TV Strategy Tester evidence

Captured from TradingView

Performance Summary (TV native panel)

TradingView Performance Summary panel

List of Trades panel

TradingView List of Trades panel

Entries on chart (1 screenshot)

Chart screenshot fcpo-w8c-h22-short-lead-full-panel.png
fcpo-w8c-h22-short-lead-full-panel.png

Strategy properties

Style
scalp
Profile
High R
Trades / day
0.25
Avg bars held
—
TV compile status
Compiled (Pine v6 PASS)
Walk-forward
Walk-forward untested
Variant of
FCPO Rejection Zone
Low WR but big winners. Long losing streaks are normal — the rare runaway pays for them.

Parameters

zoneType
tight_two_candle_rejection
session
2200-2259
direction
short_only
maxZoneTicks
12
slTicks
10
tpTicks
50

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.

Pine Script coming soon

Related strategies (custom)

Zone-Pullback (Amer's System)
SQN 2.20 · PF 1.05
Zone-Pullback — Seasonal (Amer's System + filters)
SQN -1.06 · PF 0.28
Zone-Pullback (Bounce Confirmed)
SQN 1.87 · PF 13.45
Full raw backtest result
{
  "dataset": "TV intraday",
  "tf": "5m",
  "params": {
    "zoneType": "tight_two_candle_rejection",
    "session": "2200-2259",
    "direction": "short_only",
    "maxZoneTicks": 12,
    "slTicks": 10,
    "tpTicks": 50
  },
  "trades": 60,
  "winRate": 40,
  "netProfitMYR": 10500,
  "profitFactor": 1.505,
  "sqn": 0.31,
  "maxDrawdownMYR": 3440
}