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The best indicator for USD/CHF

We backtested 366 indicators across daily, weekly and hourly charts on real USD/CHF history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling SHORT right now — its only tested short edge (Fisher Transform) is signaling short — a rare case where shorting this beat staying flat (+6.9% CAGR). As of 2026-06-13.
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Oscillator · Daily

Fisher Transform

On the daily chart, this is the strongest risk-adjusted edge we found for USD/CHF over ~23.4 years — beating buy-and-hold by 7.4% CAGR.

5.1%
CAGR
0.76
Sharpe
-46.9%
Max DD
37.8%
Win rate
0.8
Profit factor
+7.4%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

QQEFisher Transform

Going long only when all 2 agree was the strongest confluence setup we found for USD/CHF — beating buy-and-hold by 7.2% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

4.9%
CAGR
0.74
Sharpe
37.6%
Win rate
577
Trades
+7.2%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Fisher Transform
+7.4% · Sharpe 0.76
Weekly
Nadaraya-Watson Envelope
+3.7% · Sharpe 0.55
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Fisher Transform Daily5.1%0.76-46.9%37.8%5827.4%
2Parabolic SAR (fast) Daily4.7%0.7-42.5%36.4%4397.0%
3Parabolic SAR Daily4.2%0.65-25.3%34.5%2816.6%
4DeMarker (7) Daily3.3%0.52-31.2%34.5%4235.7%
5DMI Direction Daily3.1%0.5-37.7%25.9%3015.4%
6Nadaraya-Watson Envelope Weekly1.4%0.55-5.8%72.7%113.7%
7ADXR Daily1.7%0.34-25.5%35.5%1694.0%
8Vortex (7) Daily1.8%0.3-38.1%34.9%4104.1%
9ADX / DMI Daily1.4%0.29-23.3%35.0%1433.7%
10DeMarker (14) Daily1.3%0.22-41.7%31.7%3253.6%
11Fisher Center-of-Gravity Daily0.9%0.18-40.1%41.5%6103.2%
12MA Envelope Daily0.6%0.17-17.8%57.1%353.0%
13DeMarker (21) Daily0.9%0.17-29.4%30.0%2473.2%
14Connors RSI Weekly0.9%0.17-24.4%55.6%633.2%

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

What this means

For USD/CHF, Fisher Transform 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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