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The best indicator for Synthetix

We backtested 382 indicators across daily, weekly and hourly charts on real Synthetix history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Weekly

UT Bot (ATR Trailing)

On the weekly chart, this is the strongest risk-adjusted edge we found for Synthetix over ~8.3 years — beating buy-and-hold by 101.3% CAGR.

94.0%
CAGR
1.15
Sharpe
-62.1%
Max DD
68.8%
Win rate
17.53
Profit factor
+101.3%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
UT Bot (ATR Trailing)
+101.3% · Sharpe 1.15
Daily
T3 15/60 Cross
+59.9% · Sharpe 0.91
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1UT Bot (ATR Trailing) Weekly94.0%1.15-62.1%68.8%16101.3%
2Relative Vigor Index Weekly87.9%1.1-75.7%62.1%2995.3%
3Jurik MA (approx.) Weekly73.6%1.03-71.6%46.4%2881.0%
4ROC (5)Weekly73.1%1.02-80.1%28.9%3880.4%
5Stoch RSI (fast) Weekly75.4%1.02-86.8%44.4%3682.8%
6ZLEMA 30 Trend Weekly72.1%1.0-74.1%41.7%2479.5%
7QQE MODWeekly67.9%0.99-80.6%41.2%1775.2%
8Super Smoother (Ehlers) Weekly69.4%0.99-72.3%47.4%1976.7%
9Ease of Movement Weekly77.2%1.05-60.2%57.1%1484.5%
10HMA 9/21 CrossWeekly67.6%0.98-86.4%45.5%2274.9%
11Stochastic Slow (21,5)Weekly63.9%0.96-79.1%42.3%2671.2%
12Zero-Lag EMA Cross Weekly63.9%0.95-86.9%53.3%1571.2%
13Least Squares MA Weekly63.9%0.95-74.1%56.0%2571.2%
14ZLEMA 10/30 Cross Weekly63.9%0.95-86.9%53.3%1571.2%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Synthetix, UT Bot (ATR Trailing) 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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