The best indicator for Toast
We backtested 382 indicators across daily, weekly and hourly charts on real Toast history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Toast 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.
Hammer
On the daily chart, this is the strongest risk-adjusted edge we found for Toast over ~4.7 years — beating buy-and-hold by 32.0% CAGR.
Toast 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.
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 | Bullish Harami | Daily | 22.0% | 0.91 | -23.4% | 56.8% | 44 | 39.0% |
| 2 | Hammer ✓ | Daily | 14.9% | 0.89 | -19.3% | 72.2% | 18 | 32.0% |
| 3 | Bullish Engulfing ✓ | Daily | 17.8% | 0.73 | -31.5% | 48.0% | 50 | 34.9% |
| 4 | Bullish Marubozu ✓ | Daily | 10.6% | 0.72 | -13.3% | 56.2% | 16 | 27.7% |
| 5 | Keltner Mean-Reversion ✓ | Daily | 15.6% | 0.66 | -34.1% | 64.3% | 14 | 32.7% |
| 6 | Fisher Center-of-Gravity | Weekly | 12.7% | 0.55 | -40.2% | 47.8% | 23 | 27.6% |
| 7 | Lorentzian Classification ✓ | Weekly | 9.5% | 0.55 | -29.9% | 46.2% | 26 | 24.4% |
| 8 | Connors RSI ✓ | Daily | 13.9% | 0.55 | -46.5% | 67.8% | 59 | 31.0% |
| 9 | Williams %R ✓ | Daily | 12.7% | 0.5 | -42.1% | 54.1% | 37 | 29.8% |
| 10 | Advance Trend Pressure | Weekly | 13.3% | 0.54 | -33.3% | 53.8% | 13 | 28.1% |
| 11 | Projection Bands ✓ | Daily | 11.0% | 0.46 | -44.9% | 68.1% | 47 | 28.1% |
| 12 | ZLEMA 200 Trend ✓ | Daily | 10.2% | 0.46 | -40.5% | 35.3% | 17 | 27.3% |
| 13 | On-Balance Volume | Weekly | 10.4% | 0.45 | -41.0% | 31.2% | 16 | 25.3% |
| 14 | Zero-Lag LSMA | Weekly | 10.3% | 0.47 | -41.2% | 57.1% | 14 | 25.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Toast lost money across the out-of-sample window in 270 of 270 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 Toast, Hammer 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.
More stock
Get alerted when Toast’s signal flips
We track Toast daily. Its backtested best indicator, Hammer (Daily), is flat right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.