The best indicator for Opendoor
We backtested 382 indicators across daily, weekly and hourly charts on real Opendoor history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Keltner 50 (x2.0)
On the daily chart, this is the strongest risk-adjusted edge we found for Opendoor over ~6.0 years — beating buy-and-hold by 61.5% CAGR.
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 | Keltner 50 (x2.0) ✓ | Daily | 47.3% | 0.86 | -45.0% | 26.9% | 26 | 61.5% |
| 2 | Keltner Breakout ✓ | Daily | 44.0% | 0.83 | -61.5% | 33.3% | 15 | 58.2% |
| 3 | ADX Strong Trend ✓ | Daily | 42.1% | 0.81 | -59.7% | 40.0% | 20 | 56.3% |
| 4 | Vertical Horizontal Filter ✓ | Daily | 41.3% | 0.81 | -45.6% | 50.0% | 40 | 55.5% |
| 5 | KAMA 100 Trend ✓ | Daily | 42.8% | 0.81 | -64.6% | 14.7% | 34 | 57.0% |
| 6 | Donchian Breakout ✓ | Daily | 57.0% | 0.93 | -64.7% | 46.2% | 13 | 71.2% |
| 7 | Intraday Momentum Index ✓ | Daily | 38.8% | 0.8 | -87.8% | 57.9% | 19 | 53.0% |
| 8 | Supertrend (20,3) ✓ | Daily | 41.5% | 0.8 | -71.3% | 44.4% | 18 | 55.8% |
| 9 | Acceleration Bands ✓ | Daily | 40.2% | 0.79 | -64.6% | 51.1% | 45 | 54.4% |
| 10 | RSI (50) ✓ | Daily | 41.1% | 0.79 | -60.2% | 28.6% | 28 | 55.3% |
| 11 | Momentum (50) ✓ | Daily | 41.6% | 0.79 | -69.6% | 33.3% | 33 | 55.8% |
| 12 | TEMA 200 Trend ✓ | Daily | 39.8% | 0.78 | -64.6% | 31.2% | 16 | 54.0% |
| 13 | STARC Bands ✓ | Daily | 37.6% | 0.77 | -63.7% | 35.3% | 17 | 51.9% |
| 14 | KAMA 30 Trend ✓ | Daily | 37.2% | 0.76 | -69.8% | 30.8% | 52 | 51.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Opendoor, Keltner 50 (x2.0) 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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