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The best indicator for VIX Futures (VXX)

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

No robust edge

Buy & hold won

No indicator we tested beat simply holding VIX Futures (VXX) out-of-sample. Honest answer: for this one, the edge is patience.

-39.7%
Buy & hold CAGR
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1RSI Mean-ReversionDaily0.7%0.15-43.8%53.3%1540.7%
2Donchian MidlineWeekly1.6%0.2-58.8%18.2%1141.3%
3Holy Grail ConfluenceDaily-1.9%0.05-47.3%45.5%1138.0%
4Bollinger Mean-ReversionDaily-3.3%-0.01-68.9%58.3%2436.7%
5ADX / DMIDaily-14.9%-0.03-91.5%29.5%4425.1%
6StochasticDaily-12.2%-0.04-83.6%44.7%4727.7%
7EMA 20/50 CrossDaily-11.6%-0.07-83.8%23.1%1328.4%
8CCIDaily-15.2%-0.17-81.9%43.2%3724.7%
9MACDDaily-25.7%-0.21-97.0%24.1%8314.2%
10Heikin-Ashi TrendWeekly-22.7%-0.22-95.8%31.8%8517.0%
11RSI Trend (>50)Weekly-15.1%-0.24-87.9%23.5%1724.6%
12WaveTrend (8/6/4)Daily-25.6%-0.28-95.0%41.4%2914.3%
13EMA-10 TrendWeekly-19.9%-0.28-91.6%16.7%3019.8%
14Williams %RDaily-21.3%-0.3-93.4%40.0%5018.7%

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

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