The best indicator for Citizens Financial Group (CFG)
We backtested 20 indicators across daily, weekly and hourly charts on real Citizens Financial Group (CFG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams %R
On the weekly chart, this is the strongest risk-adjusted edge we found for Citizens Financial Group (CFG) over ~11.8 years — beating buy-and-hold by 0.2% 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 | Williams %R ✓ | Weekly | 13.0% | 0.7 | -31.8% | 86.7% | 15 | 0.2% |
| 2 | Rate of Change ✓ | Daily | 13.9% | 0.66 | -35.3% | 40.5% | 185 | 0.9% |
| 3 | CCI ✓ | Weekly | 12.6% | 0.7 | -31.9% | 91.7% | 12 | -0.2% |
| 4 | Donchian Breakout ✓ | Daily | 9.1% | 0.55 | -27.4% | 54.8% | 42 | -3.9% |
| 5 | MACD ✓ | Weekly | 10.1% | 0.53 | -33.7% | 40.0% | 20 | -2.7% |
| 6 | Heikin-Ashi Trend ✓ | Weekly | 9.8% | 0.5 | -45.4% | 51.4% | 107 | -3.0% |
| 7 | Bollinger Breakout ✓ | Daily | 6.2% | 0.47 | -29.3% | 52.8% | 53 | -6.8% |
| 8 | MACD ✓ | Daily | 8.6% | 0.46 | -54.0% | 44.6% | 121 | -4.4% |
| 9 | EMA 20/50 Cross ✓ | Daily | 8.4% | 0.45 | -49.4% | 28.0% | 25 | -4.6% |
| 10 | EMA-10 Trend ✓ | Weekly | 8.2% | 0.45 | -44.5% | 37.5% | 56 | -4.6% |
| 11 | Rate of Change ✓ | Weekly | 7.0% | 0.4 | -60.5% | 44.4% | 36 | -5.9% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 11.7% | 0.59 | -35.3% | 80.0% | 10 | -1.1% |
| 13 | Williams %R ✓ | Daily | 5.0% | 0.32 | -67.4% | 72.4% | 76 | -7.9% |
| 14 | Bollinger Breakout ✓ | Weekly | 6.9% | 0.47 | -42.7% | 60.0% | 10 | -5.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Citizens Financial Group (CFG), Williams %R on the weekly 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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