The best indicator for Zions
We backtested 382 indicators across daily, weekly and hourly charts on real Zions history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Zions 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.
SMC: Order Block
On the weekly chart, this is the strongest risk-adjusted edge we found for Zions over ~46.4 years — beating buy-and-hold by 0.7% CAGR.
Zions 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 | SMC: Order Block ✓ | Weekly | 11.0% | 0.58 | -49.5% | 52.3% | 44 | 0.7% |
| 2 | MAMA / FAMA ✓ | Weekly | 10.3% | 0.57 | -40.1% | 46.7% | 45 | -0.0% |
| 3 | Aroon ✓ | Daily | 11.6% | 0.55 | -80.4% | 48.2% | 382 | 1.2% |
| 4 | Aroon Oscillator ✓ | Daily | 11.6% | 0.55 | -80.4% | 48.2% | 382 | 1.2% |
| 5 | SMC: Break of Structure ✓ | Weekly | 9.9% | 0.55 | -39.3% | 54.2% | 24 | -0.5% |
| 6 | Supertrend (7,3) ✓ | Daily | 11.6% | 0.54 | -55.6% | 50.0% | 146 | 1.3% |
| 7 | MAMA / FAMA ✓ | Daily | 11.0% | 0.53 | -74.7% | 45.0% | 220 | 0.6% |
| 8 | Supertrend (20,3) ✓ | Daily | 11.0% | 0.53 | -46.1% | 50.7% | 142 | 0.7% |
| 9 | Fisher Transform ✓ | Weekly | 12.1% | 0.53 | -69.9% | 50.9% | 218 | 1.8% |
| 10 | DEMA 100 Trend ✓ | Weekly | 9.2% | 0.53 | -49.6% | 48.6% | 70 | -1.2% |
| 11 | T3 10/40 Cross ✓ | Weekly | 9.6% | 0.53 | -60.5% | 58.3% | 24 | -0.7% |
| 12 | Supertrend (10,3) ✓ | Daily | 10.9% | 0.52 | -49.3% | 49.0% | 145 | 0.5% |
| 13 | Momentum (50) ✓ | Weekly | 9.6% | 0.52 | -58.8% | 43.8% | 48 | -0.8% |
| 14 | T3 200 Trend ✓ | Daily | 8.2% | 0.51 | -46.4% | 42.5% | 80 | -2.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Zions
8 of 705 tested setups beat buy-and-hold on Zions outright. Another 221 could get there with leverage they would survive — but 329 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Ichimoku TK Cross | 1 | 1.34× | 2.2× |
| Price Momentum Oscillator | 1 | 2.1× | 2.57× |
| TEMA 20/50 Cross | 1 | none needed | 1.77× |
| Fisher Transform | 1 | none needed | 2.51× |
| DEMA 10/30 Cross | 1 | none needed | 2.18× |
| Ultimate Osc (4,8,16) | 1 | none needed | 1.78× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Zions, SMC: Order Block 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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