The best indicator for AES Corporation (AES)
We backtested 20 indicators across daily, weekly and hourly charts on real AES Corporation (AES) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for AES Corporation (AES) over ~34.9 years — beating buy-and-hold by 5.2% 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 | EMA 20/50 Cross ✓ | Daily | 11.1% | 0.52 | -60.8% | 43.6% | 78 | 5.2% |
| 2 | Donchian Breakout ✓ | Weekly | 8.7% | 0.46 | -50.2% | 48.1% | 27 | 2.9% |
| 3 | SMA 50/200 Cross ✓ | Daily | 8.5% | 0.44 | -57.6% | 48.0% | 25 | 2.6% |
| 4 | Rate of Change ✓ | Weekly | 8.0% | 0.42 | -62.3% | 48.7% | 115 | 2.1% |
| 5 | RSI Trend (>50) ✓ | Weekly | 6.4% | 0.37 | -59.1% | 51.5% | 103 | 0.6% |
| 6 | Donchian Midline ✓ | Weekly | 6.7% | 0.37 | -70.3% | 45.8% | 107 | 0.8% |
| 7 | ADX / DMI | Weekly | 5.7% | 0.36 | -58.7% | 56.0% | 50 | -0.2% |
| 8 | EMA-10 Trend ✓ | Weekly | 6.4% | 0.36 | -61.9% | 50.6% | 174 | 0.6% |
| 9 | Bollinger Breakout | Weekly | 4.3% | 0.31 | -48.8% | 58.8% | 34 | -1.5% |
| 10 | EMA 50/200 Cross | Daily | 4.1% | 0.29 | -74.7% | 40.0% | 25 | -1.8% |
| 11 | ADX / DMI | Daily | 3.9% | 0.28 | -53.4% | 36.3% | 226 | -1.9% |
| 12 | MACD ✓ | Weekly | 3.5% | 0.28 | -97.1% | 52.1% | 73 | -2.3% |
| 13 | RSI Trend (>50) ✓ | Daily | 3.1% | 0.25 | -79.1% | 38.6% | 508 | -2.8% |
| 14 | Rate of Change ✓ | Daily | 2.2% | 0.22 | -75.6% | 43.1% | 592 | -3.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For AES Corporation (AES), EMA 20/50 Cross 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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