The best indicator for CAD/JPY
We backtested 382 indicators across daily, weekly and hourly charts on real CAD/JPY history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where CAD/JPY stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
Fisher Transform
On the daily chart, this is the strongest risk-adjusted edge we found for CAD/JPY over ~22.8 years — beating buy-and-hold by 8.6% CAGR.
CAD/JPY on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for CAD/JPY — beating buy-and-hold by 5.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
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 | Fisher Transform ✓ | Daily | 9.8% | 1.14 | -25.9% | 35.8% | 559 | 8.6% |
| 2 | Parabolic SAR (fast) ✓ | Daily | 8.6% | 1.02 | -35.2% | 37.6% | 415 | 7.3% |
| 3 | DMI Direction ✓ | Daily | 6.6% | 0.92 | -26.4% | 29.4% | 262 | 5.4% |
| 4 | Parabolic SAR ✓ | Daily | 6.2% | 0.77 | -38.9% | 41.2% | 255 | 5.0% |
| 5 | Impulse MACD ✓ | Daily | 3.9% | 0.74 | -20.9% | 29.7% | 327 | 2.7% |
| 6 | DeMarker (7) ✓ | Daily | 5.5% | 0.71 | -40.3% | 36.1% | 427 | 4.3% |
| 7 | SMC: Fair Value Gap ✓ | Daily | 5.3% | 0.66 | -29.2% | 37.1% | 278 | 4.1% |
| 8 | Woodies CCI ✓ | Daily | 4.3% | 0.61 | -35.5% | 36.6% | 483 | 3.1% |
| 9 | Fisher Center-of-Gravity ✓ | Daily | 4.0% | 0.6 | -25.1% | 43.1% | 591 | 2.8% |
| 10 | Vortex (7) ✓ | Daily | 4.4% | 0.56 | -33.1% | 34.5% | 415 | 3.2% |
| 11 | DeMarker (21) ✓ | Daily | 4.0% | 0.55 | -17.0% | 35.6% | 239 | 2.7% |
| 12 | DeMarker (14) ✓ | Daily | 4.0% | 0.55 | -34.7% | 32.2% | 298 | 2.8% |
| 13 | CCI (14) ✓ | Daily | 3.9% | 0.5 | -33.0% | 34.2% | 357 | 2.6% |
| 14 | ADXR ✓ | Daily | 2.3% | 0.45 | -20.4% | 30.6% | 147 | 1.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on CAD/JPY
26 of 564 tested setups beat buy-and-hold on CAD/JPY outright. Another 211 could get there with leverage they would survive — but 53 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Lorentzian Classification | 2 | none needed | 12.2× |
| Parabolic SAR | 1 | 1.23× | 11.17× |
| CCI (30) | 1 | 1.29× | 12.65× |
| Vortex (7) | 1 | 1.47× | 11.49× |
| DeMarker (7) | 1 | 1.47× | 11.66× |
| DMI Direction | 1 | 1.83× | 11.92× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For CAD/JPY, Fisher Transform 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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