The best indicator for Edison International (EIX)
We backtested 20 indicators across daily, weekly and hourly charts on real Edison International (EIX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
MACD
On the daily chart, this is the strongest risk-adjusted edge we found for Edison International (EIX) over ~53.1 years — trailing buy-and-hold by 2.3% 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 | MACD ✓ | Daily | 8.1% | 0.54 | -54.5% | 48.2% | 515 | -2.3% |
| 2 | EMA 20/50 Cross ✓ | Weekly | 7.1% | 0.46 | -72.8% | 36.8% | 19 | -3.3% |
| 3 | EMA 20/50 Cross ✓ | Daily | 6.4% | 0.45 | -57.7% | 45.2% | 115 | -4.1% |
| 4 | Donchian Breakout ✓ | Daily | 5.2% | 0.42 | -54.2% | 47.8% | 203 | -5.3% |
| 5 | RSI Trend (>50) ✓ | Weekly | 5.7% | 0.42 | -64.1% | 43.2% | 155 | -4.7% |
| 6 | SMA 50/200 Cross ✓ | Daily | 6.2% | 0.41 | -81.9% | 53.1% | 32 | -4.2% |
| 7 | EMA 50/200 Cross ✓ | Daily | 5.6% | 0.39 | -82.4% | 42.9% | 35 | -4.9% |
| 8 | Donchian Midline ✓ | Weekly | 5.3% | 0.39 | -66.4% | 45.3% | 161 | -5.1% |
| 9 | Bollinger Breakout ✓ | Daily | 3.8% | 0.37 | -43.3% | 45.9% | 257 | -6.7% |
| 10 | Bollinger Breakout ✓ | Weekly | 3.8% | 0.36 | -45.4% | 50.9% | 53 | -6.6% |
| 11 | MACD ✓ | Weekly | 4.3% | 0.33 | -57.3% | 52.6% | 116 | -6.1% |
| 12 | ADX / DMI | Weekly | 3.5% | 0.33 | -56.7% | 52.8% | 72 | -6.9% |
| 13 | CCI ✓ | Weekly | 4.0% | 0.33 | -54.4% | 78.3% | 46 | -6.4% |
| 14 | WaveTrend (8/6/4) ✓ | Weekly | 4.2% | 0.33 | -57.1% | 83.3% | 36 | -6.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Edison International (EIX), MACD 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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