The best indicator for Copper (HG)
We backtested 382 indicators across daily, weekly and hourly charts on real Copper (HG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Ehlers Roofing Filter
On the 4-hour chart, this is the strongest risk-adjusted edge we found for Copper (HG) over ~8.4 years — beating buy-and-hold by 2.2% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Copper (HG) — trailing buy-and-hold by 9.2% 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 | Ehlers Roofing Filter ✓ | 4-Hour | 8.5% | 0.85 | -14.3% | 54.8% | 62 | 2.2% |
| 2 | Historical Volatility Regime ✓ | 4-Hour | 4.4% | 0.65 | -18.0% | 40.2% | 132 | -1.9% |
| 3 | RSI Mean-Reversion ✓ | 4-Hour | 3.0% | 0.64 | -7.0% | 85.0% | 20 | -3.3% |
| 4 | SMA 15/60 Cross ✓ | 4-Hour | 6.4% | 0.63 | -14.0% | 56.1% | 41 | 0.1% |
| 5 | Advance Trend Pressure ✓ | Weekly | 10.3% | 0.62 | -44.1% | 45.5% | 66 | 2.5% |
| 6 | TRIX ✓ | Weekly | 9.4% | 0.6 | -36.5% | 48.3% | 29 | 1.5% |
| 7 | T3 15/60 Cross ✓ | 4-Hour | 6.0% | 0.6 | -11.8% | 59.3% | 27 | -0.3% |
| 8 | Aroon ✓ | Weekly | 9.4% | 0.59 | -39.0% | 47.6% | 42 | 1.6% |
| 9 | True Strength Index ✓ | Weekly | 9.4% | 0.59 | -39.1% | 44.6% | 56 | 1.6% |
| 10 | Accelerator Oscillator ✓ | Weekly | 9.7% | 0.59 | -43.6% | 42.3% | 78 | 1.8% |
| 11 | MACD-V ✓ | Weekly | 9.4% | 0.59 | -38.5% | 44.2% | 52 | 1.6% |
| 12 | Aroon Oscillator ✓ | Weekly | 9.4% | 0.59 | -39.0% | 47.6% | 42 | 1.6% |
| 13 | TRIX (21) ✓ | Daily | 10.1% | 0.58 | -36.5% | 38.3% | 47 | 2.2% |
| 14 | MACD ✓ | Weekly | 9.4% | 0.58 | -41.7% | 44.2% | 52 | 1.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Copper (HG), Ehlers Roofing Filter on the 4-hour 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.
More commodity
Get alerted when Copper’s signal flips
We track Copper daily. Its backtested best indicator, Ehlers Roofing Filter (4-Hour), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.