3 Pine Script SMC indicators I back-tested before going live — free FVG Lite code + profit tracker

Description and use

A trader used free Pine Script FVG Lite and a CLI profit tracker to back‑test 12 trades, achieving a 66.7% win rate and 4.87 profit factor, validating the strategy before live trading.

Problem

SMC traders often pay for indicator subscriptions or write Pine Script from scratch, hindering quick strategy validation.

Outcome

Using the free FVG Lite code and CLI tracker, the trader logged 12 simulated trades, achieving a 66.7% win rate, $2,615 total P&L, 4.87 profit factor, 3.2% max drawdown, and 26.2% return, validating the strategy before live deployment.

Workflow

• 1. Copy the provided FVG Lite Pine Script into TradingView’s Pine Editor and add to chart.
• 2. Enable desired FVG types (bullish/bearish) and set lookback candles.
• 3. Run the indicator to generate FVG signals on the chart.
• 4. Log each signal as a simulated trade in a CSV file (entry, exit, size, risk %).
• 5. Execute the CLI: python3 backtesting_profit_tracker.py trades-sample.csv to calculate performance metrics.
• 6. Review win rate, profit factor, max drawdown, and return from the CLI output.
• 7. (Optional) Purchase the paid Excel profit tracker for automated equity curves and deeper analysis.

Evidence

Log every FVG signal as a simulated trade. Run 50+ back-tests. Then check win rate and profit factor — not vibes.

Source

=== BACK-TESTING PROFIT TRACKER (aheadofthetrade ojdzA clone) === Trades: 12 Wins / Losses: 8 / 4 Win rate: 66.7% Total P&L: $2,615.00 Profit factor: 4.87 Max drawdown: 3.2% Return: 26.2%

Source