The best indicator for United Kingdom (EWU)
We backtested 20 indicators across daily, weekly and hourly charts on real United Kingdom (EWU) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Bollinger Mean-Reversion
On the daily chart, this is the strongest risk-adjusted edge we found for United Kingdom (EWU) over ~30.2 years — trailing buy-and-hold by 0.0% 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 | Bollinger Mean-Reversion ✓ | Daily | 6.0% | 0.49 | -38.2% | 69.7% | 142 | 0.0% |
| 2 | Stochastic ✓ | Daily | 5.0% | 0.4 | -44.1% | 69.2% | 143 | -1.0% |
| 3 | EMA 50/200 Cross ✓ | Daily | 4.2% | 0.36 | -33.6% | 44.4% | 18 | -1.8% |
| 4 | Williams %R ✓ | Daily | 4.5% | 0.36 | -47.6% | 69.2% | 208 | -1.4% |
| 5 | Holy Grail Confluence ✓ | Daily | 3.9% | 0.32 | -49.4% | 78.7% | 47 | -2.1% |
| 6 | WaveTrend (8/6/4) ✓ | Daily | 3.9% | 0.31 | -53.1% | 69.6% | 112 | -2.1% |
| 7 | Donchian Breakout ✓ | Weekly | 2.9% | 0.31 | -35.6% | 47.8% | 23 | -3.1% |
| 8 | SMA 50/200 Cross ✓ | Daily | 3.4% | 0.3 | -48.7% | 57.9% | 19 | -2.6% |
| 9 | EMA 20/50 Cross ✓ | Weekly | 3.9% | 0.34 | -44.1% | 50.0% | 12 | -2.1% |
| 10 | RSI Trend (>50) ✓ | Weekly | 2.7% | 0.27 | -48.7% | 45.9% | 85 | -3.3% |
| 11 | CCI ✓ | Daily | 2.8% | 0.25 | -55.5% | 69.4% | 147 | -3.2% |
| 12 | ADX / DMI ✓ | Weekly | 1.3% | 0.2 | -25.3% | 56.8% | 37 | -4.6% |
| 13 | EMA 20/50 Cross ✓ | Daily | 1.3% | 0.17 | -51.8% | 30.0% | 80 | -4.6% |
| 14 | Williams %R ✓ | Weekly | 1.3% | 0.17 | -52.8% | 72.2% | 36 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For United Kingdom (EWU), Bollinger Mean-Reversion 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.
More etf
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.