The best indicator for EUR/GBP
We backtested 382 indicators across daily, weekly and hourly charts on real EUR/GBP history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where EUR/GBP 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.
Fibonacci Pivots
On the weekly chart, this is the strongest risk-adjusted edge we found for EUR/GBP over ~27.8 years — beating buy-and-hold by 2.8% CAGR.
EUR/GBP on the weekly 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 EUR/GBP — beating buy-and-hold by 2.4% 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 | Fibonacci Pivots ✓ | Weekly | 3.5% | 0.57 | -8.0% | 51.6% | 246 | 2.8% |
| 2 | DMI Direction ✓ | Daily | 3.4% | 0.56 | -14.5% | 19.5% | 338 | 2.8% |
| 3 | Fisher Transform ✓ | Daily | 3.1% | 0.55 | -35.8% | 31.2% | 692 | 2.5% |
| 4 | Pivot Points (Standard) ✓ | Weekly | 3.3% | 0.55 | -7.4% | 51.6% | 217 | 2.5% |
| 5 | Parabolic SAR (fast) ✓ | Daily | 2.8% | 0.5 | -32.0% | 31.4% | 551 | 2.2% |
| 6 | Projection Bands ✓ | Weekly | 2.7% | 0.47 | -14.6% | 58.5% | 65 | 2.0% |
| 7 | Keltner Mean-Reversion ✓ | Daily | 1.2% | 0.46 | -8.6% | 67.9% | 53 | 0.6% |
| 8 | Murrey Math Lines ✓ | Daily | 2.1% | 0.46 | -12.4% | 78.3% | 106 | 1.5% |
| 9 | Bollinger Mean-Reversion ✓ | Weekly | 1.9% | 0.38 | -10.9% | 56.2% | 32 | 1.2% |
| 10 | Fibonacci Bands ✓ | Weekly | 1.9% | 0.38 | -10.9% | 56.2% | 32 | 1.2% |
| 11 | Camarilla Pivots ✓ | Weekly | 2.1% | 0.36 | -14.0% | 46.4% | 319 | 1.4% |
| 12 | DeMarker (7) ✓ | Daily | 1.8% | 0.34 | -24.4% | 27.8% | 507 | 1.1% |
| 13 | Parabolic SAR ✓ | Daily | 1.8% | 0.32 | -21.3% | 31.9% | 351 | 1.1% |
| 14 | Stochastic Momentum Index ✓ | Daily | 1.3% | 0.31 | -20.6% | 62.7% | 126 | 0.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on EUR/GBP lost money across the out-of-sample window in 610 of 610 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For EUR/GBP, Fibonacci Pivots on the weekly 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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