The best indicator for Asana
We backtested 382 indicators across daily, weekly and hourly charts on real Asana history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Piercing Line
On the daily chart, this is the strongest risk-adjusted edge we found for Asana over ~5.7 years — beating buy-and-hold by 42.8% CAGR.
The winner on each chart
Every indicator, ranked
Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.
| # | Indicator | TF | CAGR | Sharpe | Max DD | Win | Trades | vs B&H |
|---|---|---|---|---|---|---|---|---|
| 1 | Piercing Line ✓ | Daily | 19.6% | 0.77 | -28.7% | 52.4% | 21 | 42.8% |
| 2 | Accumulation Swing Index | Daily | 20.0% | 0.61 | -74.0% | 47.6% | 309 | 43.2% |
| 3 | Swing Index | Daily | 20.0% | 0.61 | -74.0% | 47.6% | 309 | 43.2% |
| 4 | Standard Error Bands ✓ | Daily | 11.4% | 0.58 | -28.9% | 43.8% | 16 | 34.5% |
| 5 | Keltner 50 (x2.0) ✓ | Daily | 14.4% | 0.55 | -46.5% | 36.4% | 22 | 37.6% |
| 6 | Volatility Stop (ATR) ✓ | Daily | 14.9% | 0.52 | -62.3% | 32.4% | 34 | 38.0% |
| 7 | Relative Volume Spike ✓ | Daily | 12.3% | 0.5 | -39.1% | 22.7% | 22 | 35.5% |
| 8 | Donchian Breakout | Daily | 13.0% | 0.49 | -64.3% | 33.3% | 18 | 36.2% |
| 9 | Heikin-Ashi Trend ✓ | Daily | 12.8% | 0.49 | -69.7% | 41.1% | 275 | 36.0% |
| 10 | Chaikin Oscillator ✓ | Daily | 11.6% | 0.47 | -77.0% | 35.9% | 78 | 34.8% |
| 11 | A/D Oscillator ✓ | Daily | 11.6% | 0.47 | -77.0% | 35.9% | 78 | 34.8% |
| 12 | Three White Soldiers | Daily | 10.8% | 0.46 | -66.7% | 52.3% | 65 | 34.0% |
| 13 | Kaufman Adaptive MA ✓ | Daily | 10.8% | 0.45 | -74.1% | 27.4% | 95 | 34.0% |
| 14 | ALMA 30 Trend ✓ | Daily | 10.8% | 0.45 | -69.1% | 35.5% | 76 | 34.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Asana, Piercing Line on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
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