The best indicator for Algorand (ALGO)
We backtested 20 indicators across daily, weekly and hourly charts on real Algorand (ALGO) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Donchian Breakout
On the daily chart, this is the strongest risk-adjusted edge we found for Algorand (ALGO) over ~10.1 years — beating buy-and-hold by 55.8% CAGR.
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 | Donchian Breakout ✓ | Daily | 26.2% | 0.68 | -59.5% | 45.2% | 31 | 55.8% |
| 2 | Bollinger Breakout ✓ | Daily | 15.8% | 0.53 | -65.8% | 35.6% | 45 | 45.4% |
| 3 | ADX / DMI ✓ | Daily | 12.2% | 0.47 | -76.8% | 33.3% | 51 | 41.7% |
| 4 | Heikin-Ashi Trend ✓ | Weekly | 6.9% | 0.46 | -89.1% | 38.3% | 60 | 41.9% |
| 5 | EMA 20/50 Cross ✓ | Daily | 7.4% | 0.44 | -74.2% | 31.2% | 16 | 36.9% |
| 6 | RSI Trend (>50) ✓ | Daily | 8.1% | 0.43 | -85.9% | 36.0% | 136 | 37.7% |
| 7 | EMA-10 Trend ✓ | Weekly | 4.2% | 0.43 | -78.3% | 34.6% | 26 | 39.2% |
| 8 | Rate of Change ✓ | Weekly | -1.1% | 0.38 | -71.2% | 50.0% | 20 | 33.9% |
| 9 | EMA-10 Trend ✓ | Daily | 4.2% | 0.37 | -88.8% | 37.1% | 237 | 33.8% |
| 10 | Donchian Midline ✓ | Weekly | 1.5% | 0.36 | -75.4% | 25.0% | 16 | 36.5% |
| 11 | RSI Trend (>50) | Weekly | 0.1% | 0.33 | -82.6% | 33.3% | 15 | 35.1% |
| 12 | MACD ✓ | Weekly | 15.7% | 0.58 | -75.2% | 37.5% | 8 | 50.8% |
| 13 | Rate of Change ✓ | Daily | -2.0% | 0.28 | -90.2% | 42.4% | 165 | 27.6% |
| 14 | Donchian Midline ✓ | Daily | -5.0% | 0.22 | -91.6% | 43.9% | 157 | 24.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Algorand (ALGO), Donchian Breakout 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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