The best indicator for Carrier Global (CARR)
We backtested 20 indicators across daily, weekly and hourly charts on real Carrier Global (CARR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Donchian Breakout
On the daily chart, this is the strongest risk-adjusted edge we found for Carrier Global (CARR) over ~6.2 years — trailing buy-and-hold by 15.0% 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 | Donchian Breakout ✓ | Daily | 18.8% | 0.9 | -22.8% | 43.5% | 23 | -15.0% |
| 2 | Williams %R ✓ | Daily | 14.4% | 0.81 | -23.2% | 70.5% | 44 | -19.4% |
| 3 | Bollinger Breakout ✓ | Daily | 13.7% | 0.78 | -22.7% | 51.9% | 27 | -20.1% |
| 4 | Donchian Midline ✓ | Daily | 17.5% | 0.77 | -29.5% | 41.0% | 83 | -16.3% |
| 5 | EMA-10 Trend ✓ | Weekly | 16.4% | 0.73 | -37.0% | 53.8% | 26 | -15.8% |
| 6 | ADX / DMI | Weekly | 16.6% | 0.71 | -43.0% | 40.0% | 15 | -15.6% |
| 7 | RSI Trend (>50) ✓ | Daily | 15.7% | 0.69 | -35.1% | 47.0% | 83 | -18.1% |
| 8 | EMA 20/50 Cross ✓ | Daily | 15.3% | 0.7 | -29.7% | 64.3% | 14 | -18.5% |
| 9 | ADX / DMI | Daily | 14.2% | 0.62 | -31.6% | 32.6% | 43 | -19.5% |
| 10 | RSI Trend (>50) ✓ | Weekly | 18.4% | 0.81 | -25.7% | 54.5% | 11 | -13.8% |
| 11 | Rate of Change ✓ | Weekly | 12.0% | 0.59 | -33.6% | 57.9% | 19 | -20.1% |
| 12 | Stochastic ✓ | Daily | 8.2% | 0.54 | -23.6% | 59.4% | 32 | -25.6% |
| 13 | Heikin-Ashi Trend | Weekly | 10.3% | 0.49 | -47.3% | 46.2% | 65 | -21.9% |
| 14 | Donchian Midline ✓ | Weekly | 9.9% | 0.51 | -28.6% | 64.3% | 14 | -22.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Carrier Global (CARR), Donchian Breakout 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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