The best indicator for Lean Hogs (HE)
We backtested 382 indicators across daily, weekly and hourly charts on real Lean Hogs (HE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Keltner Mean-Reversion
On the weekly chart, this is the strongest risk-adjusted edge we found for Lean Hogs (HE) over ~25.6 years — beating buy-and-hold by 9.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Lean Hogs (HE) — beating buy-and-hold by 3.7% 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 ✓ | Weekly | 12.3% | 0.63 | -49.6% | 81.8% | 33 | 9.6% |
| 2 | Murrey Math Lines ✓ | Weekly | 14.7% | 0.63 | -47.4% | 75.0% | 24 | 12.0% |
| 3 | Schaff Trend Cycle ✓ | Weekly | 4.5% | 0.6 | -15.1% | 60.5% | 38 | 1.8% |
| 4 | B-Xtrender ✓ | Daily | 10.3% | 0.59 | -46.0% | 45.0% | 515 | 7.6% |
| 5 | Bollinger 30 (x2.0) Break ✓ | Daily | 3.6% | 0.59 | -16.4% | 50.3% | 147 | 0.8% |
| 6 | VWAP Bands ✓ | Weekly | 11.3% | 0.58 | -46.6% | 75.0% | 20 | 8.6% |
| 7 | Chande Forecast Osc. ✓ | Daily | 12.1% | 0.55 | -79.8% | 46.2% | 650 | 9.4% |
| 8 | Hammer ✓ | Weekly | 6.4% | 0.55 | -28.8% | 64.3% | 28 | 3.7% |
| 9 | MA Envelope ✓ | Weekly | 11.8% | 0.54 | -57.4% | 72.5% | 69 | 9.1% |
| 10 | WaveTrend (8/6/4) ✓ | Weekly | 11.7% | 0.52 | -46.6% | 87.5% | 24 | 9.0% |
| 11 | SMC: Liquidity Sweep ✓ | Weekly | 11.2% | 0.52 | -43.4% | 94.7% | 19 | 8.5% |
| 12 | Connors RSI-2 ✓ | Weekly | 9.9% | 0.51 | -48.2% | 58.3% | 72 | 7.2% |
| 13 | Stochastic Fast (5,3) ✓ | Daily | 10.3% | 0.49 | -75.0% | 45.9% | 824 | 7.6% |
| 14 | Bollinger 50 (x2.5) Break ✓ | Daily | 1.8% | 0.49 | -10.1% | 47.9% | 48 | -0.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Lean Hogs (HE), Keltner Mean-Reversion 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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