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The best indicator for Chipotle Mexican Grill (CMG)

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

Trend · Weekly

EMA-10 Trend

On the weekly chart, this is the strongest risk-adjusted edge we found for Chipotle Mexican Grill (CMG) over ~20.4 years — trailing buy-and-hold by 2.1% CAGR.

16.9%
CAGR
0.72
Sharpe
-46.7%
Max DD
45.0%
Win rate
2.1
Profit factor
-2.1%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
EMA-10 Trend
-2.1% · Sharpe 0.72
Daily
ADX / DMI
-7.2% · Sharpe 0.63
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1EMA-10 Trend Weekly16.9%0.72-46.7%45.0%80-2.1%
2Donchian Midline Weekly17.0%0.72-49.6%44.7%47-1.9%
3RSI Trend (>50) Weekly16.6%0.69-56.4%47.8%46-2.4%
4Rate of Change Weekly15.6%0.68-50.5%44.0%50-3.4%
5MACD Weekly14.8%0.67-49.3%51.4%35-4.2%
6ADX / DMI Daily11.7%0.63-53.2%40.4%136-7.2%
7Donchian Midline Daily13.9%0.61-47.4%40.3%258-5.0%
8EMA 20/50 Cross Daily13.4%0.6-55.0%46.7%45-5.4%
9RSI Trend (>50) Daily13.2%0.6-51.4%32.7%254-5.6%
10Rate of Change Daily12.8%0.58-74.0%40.6%313-6.1%
11Bollinger Breakout Daily10.0%0.57-33.2%43.8%96-8.8%
12Donchian Breakout Weekly11.5%0.57-60.7%41.2%17-7.4%
13Heikin-Ashi Trend Weekly11.6%0.54-63.1%48.9%178-7.3%
14EMA-10 Trend Daily11.3%0.53-56.9%42.1%449-7.6%

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

What this means

For Chipotle Mexican Grill (CMG), EMA-10 Trend 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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