The best indicator for Lean Hogs (HE)
We backtested 20 indicators across daily, weekly and hourly charts on real Lean Hogs (HE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
WaveTrend (8/6/4)
On the weekly chart, this is the strongest risk-adjusted edge we found for Lean Hogs (HE) over ~25.6 years — beating buy-and-hold by 9.0% 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 | WaveTrend (8/6/4) ✓ | Weekly | 11.7% | 0.52 | -46.6% | 87.5% | 24 | 9.0% |
| 2 | Stochastic ✓ | Weekly | 11.0% | 0.51 | -51.0% | 69.7% | 33 | 8.3% |
| 3 | Bollinger Mean-Reversion ✓ | Weekly | 8.6% | 0.49 | -55.6% | 80.0% | 25 | 5.9% |
| 4 | Heikin-Ashi Trend ✓ | Daily | 7.5% | 0.41 | -49.0% | 44.4% | 1199 | 4.7% |
| 5 | CCI ✓ | Weekly | 7.7% | 0.41 | -46.6% | 89.3% | 28 | 4.9% |
| 6 | Holy Grail Confluence ✓ | Weekly | 8.3% | 0.54 | -56.3% | 90.9% | 11 | 5.6% |
| 7 | Stochastic ✓ | Daily | 6.1% | 0.36 | -68.0% | 71.5% | 144 | 3.4% |
| 8 | RSI Mean-Reversion ✓ | Daily | 4.3% | 0.33 | -47.4% | 74.0% | 50 | 1.6% |
| 9 | Williams %R ✓ | Daily | 5.0% | 0.32 | -71.9% | 69.0% | 168 | 2.3% |
| 10 | WaveTrend (8/6/4) ✓ | Daily | 5.2% | 0.32 | -68.6% | 70.6% | 102 | 2.4% |
| 11 | Williams %R | Weekly | 3.7% | 0.27 | -53.8% | 62.9% | 35 | 1.0% |
| 12 | CCI ✓ | Daily | 3.1% | 0.25 | -59.8% | 72.7% | 110 | 0.3% |
| 13 | Bollinger Mean-Reversion ✓ | Daily | 3.0% | 0.24 | -66.8% | 71.1% | 97 | 0.2% |
| 14 | MACD | Daily | 2.2% | 0.22 | -67.4% | 41.3% | 225 | -0.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Lean Hogs (HE), WaveTrend (8/6/4) 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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