The best indicator for EQT Corporation (EQT)
We backtested 20 indicators across daily, weekly and hourly charts on real EQT Corporation (EQT) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
WaveTrend (8/6/4)
On the daily chart, this is the strongest risk-adjusted edge we found for EQT Corporation (EQT) over ~46.2 years — trailing buy-and-hold by 1.2% 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 | WaveTrend (8/6/4) ✓ | Daily | 10.9% | 0.57 | -67.9% | 71.3% | 181 | -1.2% |
| 2 | EMA 50/200 Cross ✓ | Daily | 8.1% | 0.44 | -51.3% | 43.3% | 30 | -3.9% |
| 3 | Williams %R ✓ | Daily | 7.3% | 0.44 | -59.8% | 67.9% | 299 | -4.8% |
| 4 | EMA 20/50 Cross ✓ | Weekly | 8.3% | 0.44 | -52.0% | 61.1% | 18 | -3.8% |
| 5 | SMA 50/200 Cross ✓ | Daily | 7.7% | 0.43 | -52.9% | 50.0% | 38 | -4.4% |
| 6 | CCI ✓ | Daily | 6.2% | 0.39 | -67.6% | 70.4% | 226 | -5.9% |
| 7 | EMA 20/50 Cross ✓ | Daily | 5.3% | 0.34 | -71.2% | 36.1% | 119 | -6.7% |
| 8 | ADX / DMI ✓ | Weekly | 4.8% | 0.34 | -35.0% | 67.8% | 59 | -7.3% |
| 9 | Money Flow Index ✓ | Daily | 4.9% | 0.33 | -78.9% | 75.8% | 62 | -7.2% |
| 10 | RSI Trend (>50) ✓ | Daily | 5.0% | 0.32 | -72.9% | 36.9% | 654 | -7.1% |
| 11 | Bollinger Mean-Reversion ✓ | Daily | 4.1% | 0.31 | -65.5% | 69.5% | 187 | -8.0% |
| 12 | Heikin-Ashi Trend | Daily | 4.7% | 0.31 | -89.6% | 44.8% | 2192 | -7.4% |
| 13 | Donchian Midline ✓ | Weekly | 4.7% | 0.31 | -55.2% | 46.9% | 145 | -7.3% |
| 14 | MACD ✓ | Weekly | 4.3% | 0.3 | -73.3% | 53.1% | 98 | -7.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For EQT Corporation (EQT), WaveTrend (8/6/4) 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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