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 over the full backtest, with costs, and checked out-of-sample.
Where Copper (HG) 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.
RSI Mean-Reversion
On the 4-hour chart, this is the strongest risk-adjusted edge we found for Copper (HG) over ~8.4 years — trailing buy-and-hold by 0.8% CAGR.
Copper (HG) on the 4-hour 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 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 | RSI Mean-Reversion ✓ | 4-Hour | 3.9% | 0.76 | -7.0% | 91.3% | 23 | -0.8% |
| 2 | Ultimate Oscillator ✓ | 1-Hour | 6.6% | 0.75 | -16.8% | 66.7% | 36 | 1.7% |
| 3 | Ultimate Oscillator ✓ | 4-Hour | 5.1% | 0.7 | -10.0% | 85.7% | 14 | 0.4% |
| 4 | Advance Trend Pressure ✓ | Weekly | 10.3% | 0.63 | -44.1% | 46.3% | 67 | 2.3% |
| 5 | TRIX ✓ | Weekly | 9.2% | 0.6 | -36.5% | 48.3% | 29 | 1.2% |
| 6 | Aroon ✓ | Weekly | 9.6% | 0.59 | -39.0% | 50.0% | 42 | 1.6% |
| 7 | True Strength Index ✓ | Weekly | 9.3% | 0.59 | -39.1% | 43.9% | 57 | 1.3% |
| 8 | Aroon Oscillator ✓ | Weekly | 9.6% | 0.59 | -39.0% | 50.0% | 42 | 1.6% |
| 9 | Ichimoku (fast) ✓ | Weekly | 9.5% | 0.59 | -43.7% | 45.3% | 53 | 1.5% |
| 10 | T3 20/80 Cross ✓ | Daily | 9.9% | 0.58 | -45.7% | 51.4% | 37 | 1.8% |
| 11 | TRIX (21) ✓ | Daily | 10.0% | 0.58 | -36.5% | 39.6% | 48 | 2.0% |
| 12 | Accelerator Oscillator ✓ | Weekly | 9.5% | 0.58 | -43.6% | 41.8% | 79 | 1.5% |
| 13 | Ehlers Roofing Filter ✓ | 4-Hour | 5.6% | 0.58 | -11.0% | 49.2% | 65 | 0.9% |
| 14 | Trend Intensity Index ✓ | Daily | 9.9% | 0.57 | -38.6% | 41.5% | 41 | 1.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Copper (HG)
3 of 1407 tested setups beat buy-and-hold on Copper (HG) outright. Another 375 could get there with leverage they would survive — but 329 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Markov Regime | 1 | 1.39× | 4.59× |
| Intraday Momentum Index | 1 | 3.23× | 5.92× |
| Accelerator Oscillator | 1 | none needed | 3.7× |
| Ichimoku TK Cross | — | 1.79× | 5.89× |
| Ehlers TrendFlex | — | 2.42× | 4.84× |
| WMA 10/30 Cross | — | 2.87× | 5.39× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Copper (HG), RSI Mean-Reversion on the 4-hour timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — 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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