The best indicator for W. W. Grainger (GWW)
We backtested 20 indicators across daily, weekly and hourly charts on real W. W. Grainger (GWW) 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 W. W. Grainger (GWW) over ~53.3 years — trailing buy-and-hold by 2.7% 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 | 9.9% | 0.58 | -49.1% | 73.1% | 208 | -2.7% |
| 2 | CCI ✓ | Weekly | 7.8% | 0.55 | -52.9% | 84.2% | 57 | -4.6% |
| 3 | Stochastic ✓ | Weekly | 7.7% | 0.53 | -52.9% | 88.3% | 60 | -4.7% |
| 4 | Money Flow Index ✓ | Daily | 7.2% | 0.5 | -50.7% | 79.2% | 77 | -5.4% |
| 5 | WaveTrend (8/6/4) ✓ | Weekly | 7.5% | 0.48 | -53.7% | 87.0% | 46 | -5.0% |
| 6 | Bollinger Mean-Reversion ✓ | Weekly | 5.3% | 0.44 | -36.1% | 85.4% | 41 | -7.1% |
| 7 | Williams %R ✓ | Weekly | 6.3% | 0.44 | -53.7% | 81.3% | 75 | -6.2% |
| 8 | Stochastic ✓ | Daily | 6.1% | 0.43 | -47.9% | 66.1% | 289 | -6.4% |
| 9 | RSI Mean-Reversion ✓ | Daily | 4.6% | 0.41 | -33.7% | 81.2% | 85 | -8.0% |
| 10 | Williams %R ✓ | Daily | 5.7% | 0.41 | -49.5% | 67.8% | 366 | -6.9% |
| 11 | CCI ✓ | Daily | 5.8% | 0.41 | -42.2% | 68.3% | 259 | -6.7% |
| 12 | Donchian Midline ✓ | Daily | 6.2% | 0.41 | -41.6% | 39.2% | 738 | -6.4% |
| 13 | RSI Trend (>50) ✓ | Daily | 5.9% | 0.39 | -56.6% | 39.3% | 750 | -6.7% |
| 14 | EMA-10 Trend ✓ | Weekly | 6.0% | 0.39 | -60.4% | 43.0% | 251 | -6.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For W. W. Grainger (GWW), 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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