The best indicator for Fortinet (FTNT)
We backtested 20 indicators across daily, weekly and hourly charts on real Fortinet (FTNT) 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 Fortinet (FTNT) over ~16.6 years — trailing buy-and-hold by 11.9% 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 | 18.8% | 0.78 | -47.8% | 43.3% | 30 | -11.9% |
| 2 | WaveTrend (8/6/4) ✓ | Weekly | 18.4% | 0.83 | -34.3% | 92.9% | 14 | -12.3% |
| 3 | Bollinger Breakout ✓ | Weekly | 16.0% | 0.79 | -31.2% | 57.1% | 14 | -14.7% |
| 4 | EMA-10 Trend ✓ | Weekly | 17.4% | 0.69 | -56.0% | 46.4% | 69 | -13.3% |
| 5 | EMA 20/50 Cross ✓ | Daily | 16.1% | 0.64 | -62.5% | 38.1% | 42 | -15.0% |
| 6 | Rate of Change ✓ | Weekly | 14.9% | 0.62 | -65.4% | 40.8% | 49 | -15.8% |
| 7 | Donchian Breakout ✓ | Weekly | 12.5% | 0.61 | -40.3% | 53.3% | 15 | -18.2% |
| 8 | Stochastic ✓ | Weekly | 12.0% | 0.6 | -34.3% | 82.4% | 17 | -18.7% |
| 9 | RSI Trend (>50) ✓ | Weekly | 14.3% | 0.59 | -54.1% | 54.2% | 48 | -16.4% |
| 10 | CCI ✓ | Weekly | 11.7% | 0.55 | -34.4% | 82.4% | 17 | -19.0% |
| 11 | Williams %R ✓ | Weekly | 10.5% | 0.54 | -34.9% | 85.7% | 21 | -20.2% |
| 12 | Bollinger Mean-Reversion ✓ | Weekly | 9.7% | 0.73 | -34.3% | 72.7% | 11 | -21.0% |
| 13 | RSI Trend (>50) ✓ | Daily | 12.0% | 0.53 | -65.2% | 45.3% | 212 | -19.0% |
| 14 | Williams %R ✓ | Daily | 10.9% | 0.53 | -53.4% | 68.3% | 104 | -20.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Fortinet (FTNT), 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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