The best indicator for HIVE Digital
We backtested 382 indicators across daily, weekly and hourly charts on real HIVE Digital history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Ichimoku (fast)
On the daily chart, this is the strongest risk-adjusted edge we found for HIVE Digital over ~15.4 years — beating buy-and-hold by 32.2% CAGR.
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 | Ichimoku (fast) ✓ | Daily | 36.9% | 0.81 | -75.0% | 32.1% | 109 | 32.2% |
| 2 | Ulcer Index ✓ | Daily | 35.5% | 0.79 | -52.1% | 38.0% | 50 | 30.8% |
| 3 | Rate of Change ✓ | Daily | 34.9% | 0.78 | -76.5% | 32.8% | 137 | 30.1% |
| 4 | Coppock (fast) ✓ | Daily | 36.5% | 0.78 | -74.5% | 37.7% | 77 | 31.7% |
| 5 | CCI Trend ✓ | Daily | 35.0% | 0.76 | -76.3% | 37.9% | 103 | 30.3% |
| 6 | Pascal's Weighted MA ✓ | Daily | 33.1% | 0.75 | -71.6% | 43.0% | 107 | 28.3% |
| 7 | Vortex ✓ | Daily | 31.7% | 0.74 | -79.0% | 35.6% | 104 | 27.0% |
| 8 | Cutler's RSI ✓ | Daily | 31.3% | 0.74 | -79.2% | 39.0% | 105 | 26.5% |
| 9 | SMA 5/20 Cross ✓ | Daily | 32.5% | 0.73 | -77.2% | 34.8% | 66 | 27.8% |
| 10 | DPO (10) ✓ | Daily | 30.4% | 0.73 | -82.4% | 34.0% | 103 | 25.6% |
| 11 | Super Smoother (Ehlers) ✓ | Daily | 35.3% | 0.73 | -78.5% | 31.9% | 191 | 30.6% |
| 12 | Aroon ✓ | Daily | 29.5% | 0.72 | -74.9% | 30.8% | 78 | 24.7% |
| 13 | Aroon Oscillator ✓ | Daily | 29.5% | 0.72 | -74.9% | 30.8% | 78 | 24.7% |
| 14 | Hull Suite ✓ | Daily | 30.2% | 0.71 | -91.8% | 32.8% | 64 | 25.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For HIVE Digital, Ichimoku (fast) 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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