The best indicator for 3x Biotech Bull
We backtested 382 indicators across daily, weekly and hourly charts on real 3x Biotech Bull history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where 3x Biotech Bull 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.
Fibonacci Pivots
On the daily chart, this is the strongest risk-adjusted edge we found for 3x Biotech Bull over ~11.3 years — beating buy-and-hold by 48.2% CAGR.
3x Biotech Bull 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 | Fibonacci Pivots ✓ | Daily | 28.6% | 0.72 | -71.6% | 53.6% | 502 | 48.2% |
| 2 | Pivot Points (Standard) ✓ | Daily | 19.7% | 0.6 | -70.8% | 54.0% | 463 | 39.2% |
| 3 | Instantaneous Trendline ✓ | Weekly | 16.3% | 0.54 | -70.7% | 29.2% | 24 | 36.1% |
| 4 | Laguerre RSI ✓ | Daily | 15.0% | 0.53 | -76.3% | 65.9% | 82 | 34.5% |
| 5 | Camarilla Pivots ✓ | Daily | 12.6% | 0.51 | -75.5% | 50.0% | 626 | 32.1% |
| 6 | Connors RSI ✓ | Weekly | 14.7% | 0.51 | -71.0% | 60.6% | 33 | 34.4% |
| 7 | SSL Channel ✓ | Daily | 8.7% | 0.44 | -84.2% | 44.8% | 116 | 28.2% |
| 8 | QQE ✓ | Weekly | 1.9% | 0.43 | -97.7% | 38.2% | 34 | 21.6% |
| 9 | SMA 20/50 Cross ✓ | Daily | 7.6% | 0.42 | -78.7% | 41.9% | 31 | 27.1% |
| 10 | Hull MA Trend ✓ | Weekly | 7.6% | 0.42 | -70.6% | 46.4% | 28 | 27.4% |
| 11 | Demand Index ✓ | Weekly | 3.4% | 0.42 | -94.7% | 61.8% | 34 | 23.1% |
| 12 | Ichimoku (fast) ✓ | Weekly | 7.8% | 0.41 | -81.7% | 40.7% | 27 | 27.6% |
| 13 | MACD ✓ | Daily | 4.6% | 0.4 | -94.0% | 44.4% | 108 | 24.1% |
| 14 | Intraday Momentum Index ✓ | Daily | 2.3% | 0.4 | -95.4% | 77.4% | 31 | 21.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on 3x Biotech Bull
78 of 453 tested setups beat buy-and-hold on 3x Biotech Bull outright. Another 70 could get there with leverage they would survive — but 156 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Camarilla Pivots | 1 | 1.15× | 1.59× |
| QQE | 1 | 1.29× | 1.42× |
| Force Index | 1 | 1.37× | 1.6× |
| Relative Vigor Index | 1 | 1.48× | 2.2× |
| Vortex (7) | 1 | 1.66× | 1.82× |
| DeMarker (7) | 1 | 1.87× | 1.91× |
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 3x Biotech Bull, Fibonacci Pivots 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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