The best indicator for Neo
We backtested 382 indicators across daily, weekly and hourly charts on real Neo history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Neo 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.
Elder Ray (Bull/Bear Power)
On the daily chart, this is the strongest risk-adjusted edge we found for Neo over ~12.9 years — beating buy-and-hold by 43.3% CAGR.
Neo 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 | Elder Ray (Bull/Bear Power) ✓ | Daily | 25.4% | 0.67 | -79.1% | 35.5% | 197 | 43.3% |
| 2 | Supertrend (7,2) ✓ | Daily | 24.0% | 0.65 | -77.9% | 43.5% | 62 | 41.8% |
| 3 | RSI Trend (>50) | Daily | 22.4% | 0.63 | -80.7% | 36.7% | 158 | 40.3% |
| 4 | Fractal Adaptive MA ✓ | Weekly | 23.8% | 0.62 | -65.4% | 40.9% | 44 | 47.1% |
| 5 | Delta Volume Rising (CVD proxy) ✓ | Weekly | 23.2% | 0.62 | -85.3% | 32.6% | 43 | 46.5% |
| 6 | KAMA 30 Trend | Daily | 20.8% | 0.61 | -84.3% | 37.3% | 118 | 38.7% |
| 7 | LSMA 30 Trend ✓ | Daily | 21.4% | 0.61 | -79.2% | 42.6% | 216 | 39.3% |
| 8 | Bollinger Squeeze ✓ | Daily | 18.7% | 0.6 | -68.1% | 52.6% | 38 | 36.6% |
| 9 | ADX / DMI | Daily | 19.5% | 0.59 | -80.6% | 45.1% | 71 | 37.4% |
| 10 | Regularized EMA | Daily | 19.5% | 0.59 | -89.3% | 38.3% | 206 | 37.3% |
| 11 | EMA 30 Trend | Daily | 20.1% | 0.59 | -82.6% | 36.5% | 156 | 38.0% |
| 12 | RSI (21) ✓ | Daily | 19.3% | 0.58 | -79.1% | 34.8% | 115 | 37.2% |
| 13 | FRAMA 100 Trend ✓ | Weekly | 21.6% | 0.58 | -79.0% | 33.3% | 33 | 44.9% |
| 14 | VWAP Trend | Daily | 18.3% | 0.57 | -81.5% | 41.0% | 183 | 36.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Neo lost money across the out-of-sample window in 403 of 403 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For Neo, Elder Ray (Bull/Bear Power) 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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