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 over the full backtest, with costs, and checked out-of-sample.
Where Synthetix 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.
Relative Vigor Index
On the weekly chart, this is the strongest risk-adjusted edge we found for Synthetix over ~8.6 years — beating buy-and-hold by 93.7% CAGR.
Synthetix 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.
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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 | Relative Vigor Index ✓ | Weekly | 88.7% | 1.11 | -75.7% | 63.3% | 30 | 93.7% |
| 2 | UT Bot (ATR Trailing) ✓ | Weekly | 87.5% | 1.11 | -62.1% | 64.7% | 17 | 92.5% |
| 3 | Jurik MA (approx.) ✓ | Weekly | 71.6% | 1.02 | -71.6% | 48.3% | 29 | 76.7% |
| 4 | Ease of Movement ✓ | Weekly | 71.7% | 1.01 | -60.2% | 53.3% | 15 | 76.8% |
| 5 | ROC (5) | Weekly | 71.1% | 1.01 | -81.6% | 30.8% | 39 | 76.2% |
| 6 | Stoch RSI (fast) | Weekly | 71.1% | 1.0 | -86.8% | 44.7% | 38 | 76.1% |
| 7 | ZLEMA 30 Trend ✓ | Weekly | 70.4% | 1.0 | -74.1% | 40.0% | 25 | 75.5% |
| 8 | HMA 9/21 Cross | Weekly | 66.4% | 0.97 | -88.0% | 47.8% | 23 | 71.4% |
| 9 | QQE MOD | Weekly | 62.9% | 0.96 | -80.6% | 38.9% | 18 | 68.0% |
| 10 | Super Smoother (Ehlers) ✓ | Weekly | 64.4% | 0.96 | -72.3% | 45.0% | 20 | 69.4% |
| 11 | Zero-Lag EMA Cross ✓ | Weekly | 64.9% | 0.95 | -87.1% | 53.3% | 15 | 70.0% |
| 12 | ZLEMA 10/30 Cross ✓ | Weekly | 64.9% | 0.95 | -87.1% | 53.3% | 15 | 70.0% |
| 13 | VuManChu Cipher B | Weekly | 55.0% | 1.0 | -71.9% | 50.0% | 14 | 60.1% |
| 14 | Stochastic Slow (21,5) | Weekly | 59.3% | 0.93 | -83.5% | 42.9% | 28 | 64.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Synthetix lost money across the out-of-sample window in 390 of 390 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 Synthetix, Relative Vigor Index 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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