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The best indicator for Lighter (LIT)

We backtested 20 indicators across daily, weekly and hourly charts on real Lighter (LIT) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Oscillator · Daily

Williams %R

On the daily chart, this is the strongest risk-adjusted edge we found for Lighter (LIT) over ~8.9 years — beating buy-and-hold by 62.0% CAGR.

6.6%
CAGR
1.01
Sharpe
-99.2%
Max DD
54.0%
Win rate
7.51
Profit factor
+62.0%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Williams %R
+62.0% · Sharpe 1.01
Weekly
Heikin-Ashi Trend
+7.8% · Sharpe 0.51
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Williams %R Daily6.6%1.01-99.2%54.0%5062.0%
2Stochastic Daily46.9%1.0-98.9%65.2%46102.3%
3Bollinger Mean-Reversion Daily210.9%0.87-96.2%66.7%39266.3%
4WaveTrend (8/6/4) Daily25.0%0.85-98.0%61.3%3180.4%
5CCI Daily2.8%0.78-98.9%61.0%4158.2%
6Money Flow Index Daily19.6%0.84-96.9%53.8%1375.0%
7ADX / DMI Daily-77.6%0.69-100.0%30.2%43-22.2%
8Heikin-Ashi Trend Weekly-61.2%0.51-100.0%43.1%587.8%
9MACD Daily-86.5%0.44-100.0%37.2%86-31.1%
10Donchian Breakout Daily-74.0%0.38-100.0%37.9%29-18.6%
11EMA 20/50 Cross Daily-78.8%0.36-100.0%41.7%24-23.4%
12Heikin-Ashi Trend Daily-86.3%0.29-100.0%39.8%415-30.9%
13Donchian Midline Daily-85.0%0.24-100.0%35.8%109-29.6%
14Rate of Change Weekly-81.1%0.21-100.0%42.3%26-12.2%

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

What this means

For Lighter (LIT), Williams %R 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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