The best indicator for Emcor (EME)
We backtested 20 indicators across daily, weekly and hourly charts on real Emcor (EME) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Emcor (EME) over ~31.5 years — trailing buy-and-hold by 9.1% 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 ✓ | Weekly | 14.4% | 0.7 | -54.0% | 61.0% | 59 | -9.1% |
| 2 | SMA 50/200 Cross ✓ | Daily | 15.4% | 0.66 | -60.1% | 65.2% | 23 | -7.6% |
| 3 | EMA 20/50 Cross ✓ | Daily | 13.5% | 0.61 | -52.6% | 42.3% | 71 | -9.5% |
| 4 | RSI Trend (>50) ✓ | Weekly | 13.0% | 0.6 | -47.9% | 42.1% | 95 | -10.4% |
| 5 | Rate of Change ✓ | Weekly | 12.6% | 0.59 | -67.5% | 57.4% | 101 | -10.9% |
| 6 | EMA 50/200 Cross ✓ | Daily | 12.8% | 0.57 | -67.9% | 47.6% | 21 | -10.1% |
| 7 | Money Flow Index ✓ | Daily | 11.0% | 0.56 | -46.2% | 68.3% | 41 | -12.0% |
| 8 | Heikin-Ashi Trend ✓ | Weekly | 11.4% | 0.56 | -56.7% | 49.0% | 304 | -12.1% |
| 9 | EMA-10 Trend ✓ | Weekly | 11.4% | 0.56 | -42.0% | 52.7% | 167 | -12.1% |
| 10 | Donchian Breakout ✓ | Weekly | 10.3% | 0.53 | -58.3% | 57.7% | 26 | -13.2% |
| 11 | MACD ✓ | Daily | 10.5% | 0.52 | -51.6% | 46.6% | 311 | -12.5% |
| 12 | Donchian Midline ✓ | Weekly | 10.2% | 0.52 | -49.1% | 48.5% | 97 | -13.3% |
| 13 | ADX / DMI ✓ | Weekly | 9.0% | 0.5 | -59.4% | 52.1% | 48 | -14.5% |
| 14 | Stochastic ✓ | Weekly | 7.3% | 0.47 | -38.8% | 74.1% | 27 | -16.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Emcor (EME), MACD 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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