The best indicator for Fortive (FTV)
We backtested 20 indicators across daily, weekly and hourly charts on real Fortive (FTV) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Holy Grail Confluence
On the daily chart, this is the strongest risk-adjusted edge we found for Fortive (FTV) over ~9.9 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 | Holy Grail Confluence ✓ | Daily | 7.7% | 0.55 | -41.7% | 80.0% | 15 | 0.0% |
| 2 | Stochastic | Daily | 4.9% | 0.35 | -43.9% | 70.7% | 58 | -2.8% |
| 3 | CCI ✓ | Weekly | 7.7% | 0.57 | -17.4% | 77.8% | 9 | 0.4% |
| 4 | Williams %R ✓ | Daily | 4.3% | 0.32 | -43.0% | 69.2% | 65 | -3.4% |
| 5 | Stochastic ✓ | Weekly | 6.6% | 0.46 | -23.8% | 88.9% | 9 | -0.7% |
| 6 | CCI ✓ | Daily | 3.3% | 0.27 | -46.7% | 78.7% | 47 | -4.4% |
| 7 | WaveTrend (8/6/4) ✓ | Daily | 3.0% | 0.25 | -54.4% | 69.7% | 33 | -4.6% |
| 8 | Heikin-Ashi Trend ✓ | Weekly | 2.6% | 0.23 | -25.4% | 47.9% | 96 | -4.7% |
| 9 | Williams %R ✓ | Weekly | 3.9% | 0.31 | -31.8% | 80.0% | 10 | -3.4% |
| 10 | Donchian Midline ✓ | Weekly | 1.7% | 0.18 | -28.1% | 46.4% | 28 | -5.6% |
| 11 | MACD ✓ | Weekly | 1.1% | 0.15 | -31.7% | 36.4% | 22 | -6.2% |
| 12 | EMA 20/50 Cross ✓ | Daily | 0.9% | 0.14 | -45.1% | 37.5% | 24 | -6.8% |
| 13 | MACD ✓ | Daily | 1.0% | 0.14 | -45.3% | 39.0% | 100 | -6.7% |
| 14 | RSI Trend (>50) | Weekly | 0.9% | 0.14 | -43.1% | 58.1% | 31 | -6.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Fortive (FTV), Holy Grail Confluence 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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