The best indicator for Gasoline (RB)
We backtested 20 indicators across daily, weekly and hourly charts on real Gasoline (RB) 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 Gasoline (RB) over ~25.7 years — beating buy-and-hold by 8.5% 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 | 13.4% | 0.58 | -72.0% | 80.8% | 26 | 8.5% |
| 2 | MACD ✓ | Weekly | 9.6% | 0.46 | -55.2% | 51.0% | 49 | 4.7% |
| 3 | CCI ✓ | Weekly | 5.7% | 0.34 | -74.3% | 82.1% | 28 | 0.8% |
| 4 | Donchian Midline ✓ | Weekly | 4.6% | 0.3 | -65.4% | 32.9% | 73 | -0.3% |
| 5 | Rate of Change ✓ | Weekly | 3.7% | 0.27 | -51.6% | 45.6% | 90 | -1.3% |
| 6 | EMA-10 Trend ✓ | Weekly | 3.8% | 0.27 | -68.8% | 37.2% | 121 | -1.1% |
| 7 | RSI Trend (>50) ✓ | Daily | 2.6% | 0.23 | -65.2% | 36.6% | 350 | -2.3% |
| 8 | Holy Grail Confluence ✓ | Daily | 2.4% | 0.22 | -54.2% | 69.6% | 23 | -2.5% |
| 9 | Donchian Midline ✓ | Daily | 2.2% | 0.22 | -71.2% | 40.5% | 338 | -2.7% |
| 10 | Donchian Breakout ✓ | Daily | 1.5% | 0.19 | -62.4% | 37.6% | 109 | -3.4% |
| 11 | EMA 20/50 Cross ✓ | Daily | 0.9% | 0.18 | -65.9% | 36.5% | 74 | -4.0% |
| 12 | ADX / DMI ✓ | Daily | 1.0% | 0.16 | -64.1% | 44.4% | 162 | -3.9% |
| 13 | Donchian Breakout ✓ | Weekly | 0.8% | 0.16 | -62.9% | 48.0% | 25 | -4.1% |
| 14 | MACD ✓ | Daily | -0.1% | 0.15 | -75.0% | 39.2% | 255 | -5.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Gasoline (RB), 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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