The best indicator for Aon plc (AON)
We backtested 20 indicators across daily, weekly and hourly charts on real Aon plc (AON) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Aon plc (AON) over ~46.0 years — trailing buy-and-hold by 2.6% 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 | Money Flow Index ✓ | Daily | 10.6% | 0.7 | -59.6% | 90.4% | 52 | -2.6% |
| 2 | CCI ✓ | Weekly | 7.3% | 0.55 | -26.6% | 83.7% | 49 | -5.8% |
| 3 | WaveTrend (8/6/4) ✓ | Daily | 8.5% | 0.51 | -63.6% | 71.3% | 164 | -4.8% |
| 4 | Stochastic ✓ | Weekly | 6.9% | 0.51 | -49.7% | 85.4% | 41 | -6.2% |
| 5 | Williams %R ✓ | Weekly | 7.6% | 0.51 | -39.6% | 80.0% | 60 | -5.6% |
| 6 | Stochastic ✓ | Daily | 7.1% | 0.48 | -61.1% | 71.6% | 222 | -6.2% |
| 7 | Williams %R ✓ | Daily | 7.0% | 0.46 | -60.7% | 71.3% | 300 | -6.3% |
| 8 | EMA 20/50 Cross ✓ | Weekly | 7.3% | 0.44 | -65.3% | 45.8% | 24 | -5.9% |
| 9 | WaveTrend (8/6/4) ✓ | Weekly | 6.2% | 0.42 | -49.6% | 81.6% | 38 | -7.0% |
| 10 | Bollinger Mean-Reversion ✓ | Daily | 5.4% | 0.41 | -64.9% | 69.7% | 188 | -7.8% |
| 11 | SMA 50/200 Cross ✓ | Daily | 6.2% | 0.4 | -53.3% | 48.6% | 35 | -7.0% |
| 12 | EMA 50/200 Cross ✓ | Daily | 5.5% | 0.36 | -74.4% | 38.9% | 36 | -7.7% |
| 13 | Holy Grail Confluence ✓ | Daily | 4.6% | 0.35 | -59.6% | 77.8% | 63 | -8.6% |
| 14 | Rate of Change ✓ | Weekly | 4.8% | 0.34 | -44.7% | 48.7% | 158 | -8.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Aon plc (AON), Money Flow Index on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — 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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