The best indicator for Airlines (JETS)
We backtested 366 indicators across daily, weekly and hourly charts on real Airlines (JETS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Zero-Lag MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Airlines (JETS) over ~11.2 years — beating buy-and-hold by 12.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Airlines (JETS) — beating buy-and-hold by 4.9% 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 | Zero-Lag MACD ✓ | Weekly | 14.3% | 0.71 | -22.4% | 53.5% | 43 | 12.8% |
| 2 | TEMA 20/50 Cross ✓ | Daily | 12.3% | 0.67 | -39.1% | 44.6% | 56 | 10.5% |
| 3 | Ease of Movement ✓ | Daily | 11.8% | 0.66 | -44.4% | 45.8% | 142 | 10.0% |
| 4 | CCI Trend ✓ | Daily | 11.7% | 0.63 | -35.3% | 40.2% | 122 | 9.9% |
| 5 | J_TPO ✓ | Daily | 10.8% | 0.63 | -31.5% | 42.2% | 166 | 9.0% |
| 6 | DPO (10) ✓ | Daily | 11.4% | 0.62 | -31.9% | 39.4% | 127 | 9.6% |
| 7 | Random Walk Index ✓ | Daily | 11.2% | 0.61 | -44.0% | 44.4% | 135 | 9.4% |
| 8 | Zero-Lag LSMA ✓ | Weekly | 11.4% | 0.61 | -30.4% | 45.9% | 37 | 9.9% |
| 9 | Random Walk Index ✓ | Daily | 11.2% | 0.61 | -44.0% | 44.4% | 135 | 9.4% |
| 10 | True Strength Index ✓ | Daily | 11.4% | 0.6 | -30.4% | 42.3% | 104 | 9.5% |
| 11 | Triangular MA ✓ | Daily | 10.6% | 0.58 | -33.5% | 43.3% | 141 | 8.8% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 14.6% | 0.66 | -39.3% | 76.9% | 13 | 13.0% |
| 13 | Sine-Weighted MA ✓ | Daily | 10.1% | 0.56 | -36.6% | 43.1% | 144 | 8.3% |
| 14 | Cutler's RSI ✓ | Daily | 10.2% | 0.56 | -44.3% | 41.3% | 155 | 8.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Airlines (JETS), Zero-Lag MACD on the weekly 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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