The best indicator for Hut 8
We backtested 382 indicators across daily, weekly and hourly charts on real Hut 8 history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Hut 8 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.
Ehlers Roofing Filter
On the daily chart, this is the strongest risk-adjusted edge we found for Hut 8 over ~8.5 years — beating buy-and-hold by 71.0% CAGR.
Hut 8 on the daily 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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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 ✓ | Daily | 92.2% | 1.16 | -75.9% | 48.5% | 33 | 71.0% |
| 2 | DeMarker (21) ✓ | Daily | 89.6% | 1.14 | -77.0% | 36.1% | 72 | 68.4% |
| 3 | T3 8/21 Cross ✓ | Daily | 83.5% | 1.12 | -72.8% | 59.5% | 37 | 62.3% |
| 4 | Center of Gravity ✓ | Weekly | 98.5% | 1.11 | -65.6% | 54.2% | 48 | 77.3% |
| 5 | Chande Forecast Osc. ✓ | Weekly | 97.7% | 1.11 | -69.0% | 62.5% | 40 | 76.4% |
| 6 | CMO (21) ✓ | Daily | 79.3% | 1.09 | -70.5% | 41.9% | 86 | 58.1% |
| 7 | Chaikin Money Flow ✓ | Daily | 73.4% | 1.08 | -63.0% | 47.6% | 84 | 52.2% |
| 8 | Price Volume Trend ✓ | Daily | 77.7% | 1.07 | -65.8% | 39.7% | 78 | 56.5% |
| 9 | Volume Zone Oscillator ✓ | Daily | 73.9% | 1.07 | -70.2% | 45.6% | 217 | 52.7% |
| 10 | Relative Vigor Index ✓ | Weekly | 85.0% | 1.05 | -62.4% | 51.9% | 27 | 63.7% |
| 11 | Ehlers Cyber Cycle ✓ | Weekly | 89.1% | 1.05 | -73.7% | 52.4% | 42 | 67.8% |
| 12 | LSMA 100 Trend ✓ | Daily | 68.0% | 1.03 | -66.3% | 40.3% | 62 | 46.8% |
| 13 | Net Volume ✓ | Daily | 66.5% | 1.0 | -68.6% | 44.9% | 98 | 45.3% |
| 14 | FRAMA 100 Trend ✓ | Daily | 64.1% | 1.0 | -63.2% | 41.1% | 180 | 42.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Hut 8
11 of 387 tested setups beat buy-and-hold on Hut 8 outright. Another 88 could get there with leverage they would survive — but 256 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Center of Gravity | 1 | 1.14× | 2.48× |
| Stoch RSI (fast) | 1 | 1.66× | 2.09× |
| Jurik MA (approx.) | 1 | 1.74× | 2.37× |
| Ehlers SuperSmoother | 1 | none needed | 2.25× |
| Ehlers Cyber Cycle | 1 | none needed | 1.52× |
| Chande Forecast Osc. | 1 | none needed | 1.98× |
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 Hut 8, Ehlers Roofing Filter 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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