The best indicator for Air Products (APD)
We backtested 20 indicators across daily, weekly and hourly charts on real Air Products (APD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI
On the weekly chart, this is the strongest risk-adjusted edge we found for Air Products (APD) over ~46.4 years — trailing buy-and-hold by 4.3% 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 | CCI ✓ | Weekly | 7.6% | 0.55 | -40.6% | 86.0% | 43 | -4.3% |
| 2 | Williams %R ✓ | Daily | 7.4% | 0.49 | -53.9% | 71.4% | 322 | -4.6% |
| 3 | Holy Grail Confluence ✓ | Daily | 6.9% | 0.49 | -55.3% | 80.0% | 80 | -5.1% |
| 4 | Stochastic ✓ | Daily | 7.0% | 0.48 | -52.2% | 72.1% | 244 | -5.0% |
| 5 | CCI ✓ | Daily | 7.2% | 0.48 | -54.4% | 70.0% | 233 | -4.8% |
| 6 | Stochastic ✓ | Weekly | 6.6% | 0.48 | -51.9% | 86.4% | 44 | -5.3% |
| 7 | Williams %R ✓ | Weekly | 6.9% | 0.48 | -51.9% | 82.8% | 64 | -5.0% |
| 8 | WaveTrend (8/6/4) ✓ | Daily | 7.4% | 0.46 | -57.5% | 67.6% | 173 | -4.6% |
| 9 | Money Flow Index ✓ | Daily | 6.8% | 0.44 | -60.3% | 76.2% | 42 | -5.2% |
| 10 | Bollinger Mean-Reversion ✓ | Weekly | 4.8% | 0.41 | -51.9% | 82.4% | 34 | -7.1% |
| 11 | Bollinger Mean-Reversion ✓ | Daily | 5.0% | 0.39 | -45.9% | 72.8% | 195 | -7.0% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 5.4% | 0.38 | -53.2% | 82.9% | 35 | -6.5% |
| 13 | RSI Trend (>50) ✓ | Weekly | 5.0% | 0.34 | -37.2% | 44.1% | 136 | -6.9% |
| 14 | EMA 20/50 Cross ✓ | Weekly | 5.0% | 0.33 | -51.0% | 45.8% | 24 | -7.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Air Products (APD), CCI on the weekly 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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