The best indicator for Optimism
We backtested 382 indicators across daily, weekly and hourly charts on real Optimism history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Optimism 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.
LSMA 30 Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for Optimism over ~4.6 years — trailing buy-and-hold by 158.8% CAGR.
Optimism 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.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
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 | SMC: Change of Character | Daily | 29.0% | 0.71 | -61.1% | 46.7% | 15 | -83.2% |
| 2 | LSMA 30 Trend ✓ | Weekly | 46.0% | 0.85 | -69.3% | 46.2% | 13 | -158.8% |
| 3 | SMA 15/60 Cross | Daily | 15.8% | 0.53 | -75.1% | 33.3% | 15 | -96.3% |
| 4 | Gator Oscillator ✓ | Daily | 11.8% | 0.51 | -30.6% | 40.6% | 69 | -100.3% |
| 5 | KDJ | Weekly | 16.6% | 0.55 | -75.3% | 41.2% | 17 | -188.2% |
| 6 | Ehlers Relative Vigor | Weekly | 14.3% | 0.52 | -74.2% | 56.2% | 16 | -190.5% |
| 7 | Smoothed Heikin-Ashi | Weekly | 21.5% | 0.6 | -69.4% | 30.8% | 13 | -183.3% |
| 8 | Relative Vigor Index | Weekly | 16.7% | 0.55 | -74.2% | 57.1% | 14 | -188.2% |
| 9 | G-Channel | Daily | 11.2% | 0.46 | -60.8% | 39.3% | 28 | -100.9% |
| 10 | Squeeze Momentum ✓ | Weekly | 37.6% | 0.81 | -34.4% | 33.3% | 9 | -167.3% |
| 11 | EMA 20/50 Cross | Daily | 16.8% | 0.55 | -66.9% | 33.3% | 12 | -95.3% |
| 12 | Rate of Change | Weekly | 379.2% | 0.47 | -89.3% | 44.4% | 18 | 174.3% |
| 13 | Heikin-Ashi Trend ✓ | Weekly | 445.6% | 0.47 | -71.8% | 36.6% | 41 | 240.7% |
| 14 | Force Index | Weekly | 433.7% | 0.47 | -86.2% | 52.9% | 17 | 228.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Optimism lost money across the out-of-sample window in 277 of 277 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 Optimism, LSMA 30 Trend on the weekly timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — but remember: this is a hypothetical backtest of a standard rule, not a recommendation. Markets change. See the methodology and disclaimer.
More crypto
Get alerted when Optimism’s signal flips
We track Optimism daily. Its backtested best indicator, LSMA 30 Trend (Weekly), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.