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The best indicator for Soybeans (ZS)

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

Signaling SHORT right now — its only tested short edge (Chaikin Money Flow) is signaling short — a rare case where shorting this beat staying flat (+0.9% CAGR). Signal computed on 2026-09-07, 3 days behind the price data on this page (it is rebuilt on a separate schedule).
Live screener
Key levels · as of 2026-09-10

Where Soybeans (ZS) stands

1,323.75
last daily close (2026-09-10)
1,150.94
200-day simple moving average price 15.0% above
1,212.76
50-day simple moving average price 9.2% above
1,001.75–1,323.75
52-week range

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.

Volume · Weekly

Volume Oscillator

On the weekly chart, this is the strongest risk-adjusted edge we found for Soybeans (ZS) over ~25.8 years — beating buy-and-hold by 5.8% CAGR.

9.1%
CAGR
0.77
Sharpe
-23.4%
Max DD
59.0%
Win rate
3.01
Profit factor
+5.8%
vs Buy&Hold
Chart

Soybeans (ZS) 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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MIXED
Full strategy report — every setup ranked out-of-sample, corrected for data-mining, and forward-tracked in public.
Read the verdict
Confluence · Daily

Best multi-indicator combo

EMA 20/50 CrossKeltner Breakout

Going long only when all 2 agree was the strongest confluence setup we found for Soybeans (ZS) — trailing buy-and-hold by 0.0% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

3.3%
CAGR
0.33
Sharpe
41.9%
Win rate
93
Trades
0.0%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
Volume Oscillator
+5.8% · Sharpe 0.77
Daily
ZLEMA 200 Trend
+1.9% · Sharpe 0.4
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Volume Oscillator Weekly9.1%0.77-23.4%59.0%835.8%
2Klinger Oscillator Weekly8.3%0.62-33.7%58.2%1105.1%
3Relative Volume Spike Weekly5.8%0.57-25.7%54.5%442.6%
4LSMA 10/30 Cross Weekly7.7%0.54-33.8%51.0%514.5%
5Percentage Price Osc. Weekly7.3%0.52-35.9%51.2%434.1%
6Zero-Lag EMA Cross Weekly7.3%0.52-39.6%42.6%544.1%
7Acceleration Bands Weekly5.8%0.52-29.3%58.5%532.5%
8ZLEMA 10/30 Cross Weekly7.3%0.52-39.6%42.6%544.1%
9PPO Cross Weekly7.3%0.52-35.9%51.2%434.1%
10Piercing Line Weekly4.0%0.51-16.2%35.7%280.8%
11QQE MOD Weekly6.1%0.5-33.5%42.3%522.9%
12TEMA 10/30 Cross Weekly6.9%0.5-37.9%54.5%443.6%
13MACD Weekly6.8%0.48-38.1%50.0%423.6%
14MACD-V Weekly6.7%0.48-33.4%50.0%463.4%

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

The leverage question

What it would take to beat buy & hold on Soybeans (ZS)

121 of 656 tested setups beat buy-and-hold on Soybeans (ZS) outright. Another 215 could get there with leverage they would survive — but 91 would be liquidated by their own drawdown before they caught it.

IndicatorBeats B&H unlevered Leverage neededLeverage survived
Volume Zone Oscillator2none needed2.99×
SMA 5/20 Cross2none needed3.37×
DeMarker (21)2none needed3.13×
Net Volume2none needed3.62×
Liquidity Flow Oscillator2none needed3.62×
Vortex11.02×3.09×

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

What this means

For Soybeans (ZS), Volume Oscillator 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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