The best indicator for Airlines (JETS)
We backtested 382 indicators across daily, weekly and hourly charts on real Airlines (JETS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Airlines (JETS) 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.
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.
Airlines (JETS) on the weekly 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 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 | Zero-Lag MACD ✓ | Weekly | 14.3% | 0.71 | -22.4% | 53.5% | 43 | 12.8% |
| 3 | TEMA 20/50 Cross ✓ | Daily | 12.3% | 0.67 | -39.1% | 44.6% | 56 | 10.5% |
| 4 | Ease of Movement ✓ | Daily | 11.8% | 0.66 | -44.4% | 45.8% | 142 | 10.0% |
| 5 | CCI Trend ✓ | Daily | 11.7% | 0.63 | -35.3% | 40.2% | 122 | 9.9% |
| 6 | J_TPO ✓ | Daily | 10.8% | 0.63 | -31.5% | 42.2% | 166 | 9.0% |
| 7 | DPO (10) ✓ | Daily | 11.4% | 0.62 | -31.9% | 39.4% | 127 | 9.6% |
| 8 | Random Walk Index ✓ | Daily | 11.2% | 0.61 | -44.0% | 44.4% | 135 | 9.4% |
| 9 | Zero-Lag LSMA ✓ | Weekly | 11.4% | 0.61 | -30.4% | 45.9% | 37 | 9.9% |
| 10 | Random Walk Index ✓ | Daily | 11.2% | 0.61 | -44.0% | 44.4% | 135 | 9.4% |
| 11 | True Strength Index ✓ | Daily | 11.4% | 0.6 | -30.4% | 42.3% | 104 | 9.5% |
| 12 | Triangular MA ✓ | Daily | 10.6% | 0.58 | -33.5% | 43.3% | 141 | 8.8% |
| 13 | WaveTrend (8/6/4) ✓ | Weekly | 14.6% | 0.66 | -39.3% | 76.9% | 13 | 13.0% |
| 14 | Sine-Weighted MA ✓ | Daily | 10.1% | 0.56 | -36.6% | 43.1% | 144 | 8.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Airlines (JETS)
133 of 498 tested setups beat buy-and-hold on Airlines (JETS) outright. Another 169 could get there with leverage they would survive — but 56 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | 2 | 3.26× | 4.97× |
| QQE | 2 | none needed | 3.02× |
| Gann HiLo Activator | 2 | none needed | 5.27× |
| Zero-Lag MACD | 2 | none needed | 4.1× |
| DeMarker (7) | 2 | none needed | 5.43× |
| Accelerator Oscillator | 1 | 1.05× | 7.28× |
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 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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