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The best indicator for Provenance Blockchain (HASH)

We backtested 366 indicators across daily, weekly and hourly charts on real Provenance Blockchain (HASH) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling LONG right now — Stochastic RSI (Daily) has been long for 2 bars, as of 2023-05-21.
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Oscillator · Daily

Stochastic RSI

On the daily chart, this is the strongest risk-adjusted edge we found for Provenance Blockchain (HASH) over ~2.4 years — beating buy-and-hold by 75.3% CAGR.

-16.1%
CAGR
0.17
Sharpe
-86.2%
Max DD
52.6%
Win rate
0.66
Profit factor
+75.3%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

StochasticDeMarker

Going long only when all 2 agree was the strongest confluence setup we found for Provenance Blockchain (HASH) — beating buy-and-hold by 93.3% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

1.9%
CAGR
0.33
Sharpe
53.8%
Win rate
13
Trades
+93.3%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Stochastic RSI
+75.3% · Sharpe 0.17
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Stochastic Fast (5,3)Daily26.7%0.74-82.0%47.9%71118.1%
2Range FilterDaily14.8%0.5-59.3%36.4%22106.2%
3Stochastic (10,3)Daily-6.5%0.49-82.2%42.4%6684.9%
4Volume Zone OscillatorDaily10.7%0.44-70.7%28.6%35102.1%
5Relative Volatility IndexDaily10.8%0.4-68.1%48.4%31102.2%
6UT Bot (ATR Trailing)Daily-5.2%0.37-82.8%18.5%2786.2%
7Bollinger 10 (x1.5) BreakDaily3.2%0.37-70.2%38.7%3194.6%
8Bullish EngulfingDaily-7.8%0.33-86.4%40.5%3783.6%
9Stochastic RSI Daily-16.1%0.17-86.2%52.6%1975.3%
10Elastic VW MADaily-1.2%0.28-73.9%11.1%990.2%
11Smoothed MA (Wilder)Daily-8.1%0.23-79.7%10.0%1083.3%
12Disparity (5)Daily-27.4%0.14-89.7%36.4%6664.0%
13Three White SoldiersDaily-17.6%0.14-87.3%38.9%1873.8%
14Keltner Mean-ReversionDaily-18.7%0.19-85.5%54.5%1172.7%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Provenance Blockchain (HASH), Stochastic RSI 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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