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, out-of-sample, with costs.
Ehlers Roofing Filter
On the daily chart, this is the strongest risk-adjusted edge we found for Hut 8 over ~8.3 years — beating buy-and-hold by 70.2% 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 | Ehlers Roofing Filter ✓ | Daily | 95.7% | 1.18 | -75.9% | 50.0% | 32 | 70.2% |
| 2 | DeMarker (21) ✓ | Daily | 95.8% | 1.17 | -77.0% | 37.1% | 70 | 70.3% |
| 3 | T3 8/21 Cross ✓ | Daily | 87.8% | 1.14 | -72.8% | 58.3% | 36 | 62.4% |
| 4 | Chaikin Money Flow ✓ | Daily | 79.9% | 1.13 | -63.0% | 48.1% | 81 | 54.4% |
| 5 | Price Volume Trend ✓ | Daily | 88.2% | 1.13 | -65.8% | 41.3% | 75 | 62.7% |
| 6 | Volume Zone Oscillator ✓ | Daily | 83.9% | 1.13 | -70.2% | 46.2% | 212 | 58.4% |
| 7 | Chande Forecast Osc. ✓ | Weekly | 102.3% | 1.13 | -69.0% | 64.1% | 39 | 76.8% |
| 8 | CMO (21) ✓ | Daily | 84.1% | 1.11 | -70.5% | 42.9% | 84 | 58.7% |
| 9 | Center of Gravity ✓ | Weekly | 99.3% | 1.11 | -65.6% | 55.3% | 47 | 73.7% |
| 10 | Ehlers Cyber Cycle ✓ | Weekly | 99.1% | 1.1 | -73.7% | 55.0% | 40 | 73.5% |
| 11 | Twiggs Money Flow ✓ | Daily | 75.6% | 1.09 | -67.9% | 43.7% | 119 | 50.2% |
| 12 | Relative Vigor Index ✓ | Weekly | 90.1% | 1.07 | -62.4% | 53.8% | 26 | 64.5% |
| 13 | Ehlers SuperSmoother ✓ | Weekly | 93.8% | 1.07 | -63.1% | 52.8% | 53 | 68.2% |
| 14 | Net Volume ✓ | Daily | 75.3% | 1.06 | -68.6% | 46.2% | 93 | 49.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
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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