I Backtested TradingView’s Top Indicators – here are BEST and WORST performers
Again, I spent a lot of time backtesting top indicators on TradingView because I have no life. I judged results based on **Profit Factor, Kelly Criterion, and Win Ratio**.
\*you can see my previous post with other top indicators [here](https://www.reddit.com/r/options/comments/1ilz2y0/i_backtested_tradingviews_top_indicators_here_are/)
* Indicators: MA, ATR (cross), ADX, PSAR
* Types of option strategies backtested: long call/put, Debit spread, credit spread
* Timeframes: 30 min, 1h, 2h
* Tickers: QQQ, SPY, Mag7
* The option backtester used: [2moon.ai](http://2moon.ai/)
*\*\*\*I didn't exclude earnings dates, stock splits etc, so that might have affected the results* (but I look at the combination of the kpi's to minimize skewed data)
✅**Best Performers**
* **ATR - Credit Spread- 1h,** **GOOGL**
* Profit Factor: 3.9607
* Win Ratio: 50.00%
* Kelly Criterion: 0.3738
* **MA-Credit Spread-1h, NVDA)**
* Profit Factor: 3.6915
* Win Ratio: 63.16%
* Kelly Criterion: 0.5318
* **MA-Credit Spread-30min, AMZN**
* Profit Factor: 3.5487
* Win Ratio: 47.44%
* Kelly Criterion: 0.3262
* **PSAR - Credit Spread- 2h, Ticker: NVDA**
* Profit Factor: 3.0602
* Win Ratio: 65.48%
* Kelly Criterion: 0.5419
❌**Worst performers**
**ADX-Long Call | Put-2h** (Ticker: GOOGL)
**ATR - Long Call | Put-2h** (Ticker: AMZN)
**ADX-Credit Spread-1h** (Ticker: AMZN)
**MA-Long Call | Put-1h** (Ticker: META)
* **MA-Long Call | Put-2h** (Ticker: META)Profit Factor: 0.2154 Win Ratio: 11.11%
**Full results:** \- [google sheet ](https://docs.google.com/spreadsheets/d/1vd7Vy_7cgGcvYkYQskUs9FM1AEc4_5unf02OZY0VMoM/edit?usp=sharing)
\- [the backtester app](https://app.2moon.ai/dashboard/analyses)
***Let me know what other popular indicators I should backtest***