The best indicator for Junior Gold Miners (GDXJ)
We backtested 366 indicators across daily, weekly and hourly charts on real Junior Gold Miners (GDXJ) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Keltner Mean-Reversion
On the daily chart, this is the strongest risk-adjusted edge we found for Junior Gold Miners (GDXJ) over ~16.5 years — beating buy-and-hold by 8.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Junior Gold Miners (GDXJ) — trailing buy-and-hold by 0.7% 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 | Keltner Mean-Reversion ✓ | Daily | 10.6% | 0.51 | -56.0% | 79.4% | 68 | 8.6% |
| 2 | Markov Regime (Confirmed) ✓ | Weekly | 7.9% | 0.48 | -55.3% | 64.3% | 28 | 5.8% |
| 3 | Schaff Trend Cycle ✓ | Weekly | 3.6% | 0.47 | -10.7% | 66.7% | 27 | 1.6% |
| 4 | Stochastic Momentum Index ✓ | Daily | 8.6% | 0.44 | -63.4% | 75.3% | 81 | 6.5% |
| 5 | Laguerre RSI ✓ | Weekly | 7.0% | 0.44 | -37.2% | 67.9% | 28 | 5.0% |
| 6 | VWAP Bands ✓ | Weekly | 7.5% | 0.47 | -49.6% | 78.6% | 14 | 5.5% |
| 7 | Elder Impulse ✓ | Weekly | 7.2% | 0.43 | -31.0% | 46.3% | 82 | 5.2% |
| 8 | Connors RSI ✓ | Weekly | 7.3% | 0.42 | -58.2% | 57.4% | 47 | 5.2% |
| 9 | Gator Oscillator ✓ | Weekly | 4.9% | 0.42 | -42.8% | 51.1% | 45 | 2.8% |
| 10 | Bullish Marubozu ✓ | Weekly | 4.0% | 0.44 | -24.4% | 71.4% | 14 | 1.9% |
| 11 | RSI Mean-Reversion ✓ | Daily | 6.6% | 0.4 | -47.8% | 80.0% | 25 | 4.6% |
| 12 | Relative Vigor Index ✓ | Weekly | 7.3% | 0.39 | -76.1% | 51.6% | 62 | 5.3% |
| 13 | Three White Soldiers ✓ | Weekly | 6.3% | 0.39 | -54.7% | 60.5% | 38 | 4.3% |
| 14 | ROC (30) ✓ | Daily | 7.2% | 0.38 | -59.3% | 41.1% | 163 | 5.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Junior Gold Miners (GDXJ), Keltner Mean-Reversion 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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