The best indicator for Consolidated Edison (ED)
We backtested 20 indicators across daily, weekly and hourly charts on real Consolidated Edison (ED) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for Consolidated Edison (ED) over ~64.7 years — trailing buy-and-hold by 0.5% 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 | EMA 20/50 Cross ✓ | Weekly | 9.4% | 0.66 | -30.6% | 60.0% | 25 | -0.5% |
| 2 | SMA 50/200 Cross ✓ | Daily | 7.8% | 0.57 | -34.6% | 57.1% | 42 | -2.2% |
| 3 | MACD ✓ | Daily | 6.6% | 0.54 | -42.2% | 45.8% | 601 | -3.3% |
| 4 | EMA 50/200 Cross ✓ | Daily | 6.9% | 0.52 | -43.0% | 46.5% | 43 | -3.0% |
| 5 | RSI Trend (>50) ✓ | Weekly | 5.7% | 0.46 | -48.1% | 41.8% | 184 | -4.2% |
| 6 | Donchian Breakout ✓ | Daily | 4.9% | 0.45 | -41.6% | 50.0% | 246 | -5.1% |
| 7 | Money Flow Index ✓ | Daily | 5.0% | 0.44 | -71.2% | 81.1% | 74 | -5.0% |
| 8 | Donchian Midline ✓ | Daily | 5.3% | 0.44 | -45.4% | 42.4% | 864 | -4.7% |
| 9 | EMA 20/50 Cross ✓ | Daily | 5.2% | 0.43 | -40.9% | 43.9% | 157 | -4.8% |
| 10 | Donchian Breakout ✓ | Weekly | 4.7% | 0.43 | -39.0% | 57.4% | 54 | -5.2% |
| 11 | RSI Trend (>50) ✓ | Daily | 5.0% | 0.42 | -44.7% | 40.2% | 892 | -5.0% |
| 12 | Bollinger Breakout ✓ | Daily | 3.6% | 0.38 | -40.8% | 45.5% | 314 | -6.4% |
| 13 | Donchian Midline | Weekly | 4.5% | 0.38 | -56.4% | 46.5% | 185 | -5.4% |
| 14 | Williams %R ✓ | Weekly | 4.0% | 0.37 | -40.5% | 79.0% | 81 | -6.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Consolidated Edison (ED), EMA 20/50 Cross 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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