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The best indicator for Caterpillar Inc. (CAT)

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

Trend · Daily

Heikin-Ashi Trend

On the daily chart, this is the strongest risk-adjusted edge we found for Caterpillar Inc. (CAT) over ~64.3 years — beating buy-and-hold by 1.2% CAGR.

13.7%
CAGR
0.72
Sharpe
-54.3%
Max DD
43.3%
Win rate
1.04
Profit factor
+1.2%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Heikin-Ashi Trend
+1.2% · Sharpe 0.72
Weekly
MACD
-4.6% · Sharpe 0.45
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Heikin-Ashi Trend Daily13.7%0.72-54.3%43.3%28921.2%
2EMA-10 Trend Daily11.2%0.61-66.3%40.4%1384-1.3%
3RSI Trend (>50) Daily8.2%0.48-70.5%37.0%810-4.3%
4Donchian Midline Daily7.9%0.47-69.6%41.1%834-4.6%
5SMA 50/200 Cross Daily7.8%0.46-66.3%45.8%48-4.7%
6MACD Weekly7.8%0.45-48.7%50.4%131-4.6%
7MACD Daily6.5%0.41-62.2%41.1%625-6.0%
8Williams %R Daily6.1%0.4-63.7%69.1%430-6.4%
9Donchian Breakout Weekly6.0%0.4-70.3%47.3%55-6.4%
10Rate of Change Weekly6.3%0.39-65.9%43.3%210-6.1%
11Money Flow Index Weekly4.8%0.41-37.8%92.9%14-7.5%
12CCI Daily5.6%0.38-60.5%73.2%302-6.9%
13EMA 20/50 Cross Daily5.6%0.37-68.8%37.0%154-6.9%
14Stochastic Weekly5.2%0.37-67.9%74.2%66-7.1%

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

What this means

For Caterpillar Inc. (CAT), Heikin-Ashi Trend 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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