The best indicator for Hewlett Packard Enterprise (HPE)
We backtested 20 indicators across daily, weekly and hourly charts on real Hewlett Packard Enterprise (HPE) 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 Hewlett Packard Enterprise (HPE) over ~10.7 years — trailing buy-and-hold by 4.9% 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 | 14.5% | 0.69 | -31.2% | 65.0% | 20 | -4.9% |
| 2 | Money Flow Index ✓ | Daily | 20.6% | 0.93 | -26.3% | 90.9% | 11 | 0.8% |
| 3 | MACD ✓ | Daily | 12.4% | 0.57 | -47.9% | 46.1% | 102 | -7.4% |
| 4 | Heikin-Ashi Trend ✓ | Weekly | 12.6% | 0.57 | -48.7% | 41.7% | 96 | -6.8% |
| 5 | RSI Mean-Reversion ✓ | Daily | 8.6% | 0.54 | -47.3% | 94.7% | 19 | -11.2% |
| 6 | Holy Grail Confluence ✓ | Daily | 9.6% | 0.54 | -38.6% | 87.5% | 16 | -10.2% |
| 7 | Donchian Midline ✓ | Weekly | 10.5% | 0.52 | -47.3% | 36.4% | 33 | -8.9% |
| 8 | Williams %R ✓ | Weekly | 9.6% | 0.51 | -42.4% | 86.7% | 15 | -9.8% |
| 9 | Rate of Change ✓ | Weekly | 9.6% | 0.5 | -36.5% | 42.5% | 40 | -9.7% |
| 10 | Williams %R ✓ | Daily | 8.8% | 0.47 | -51.4% | 75.7% | 74 | -11.0% |
| 11 | EMA-10 Trend ✓ | Weekly | 8.9% | 0.47 | -39.1% | 39.3% | 56 | -10.4% |
| 12 | Stochastic ✓ | Daily | 8.4% | 0.46 | -43.4% | 75.0% | 56 | -11.4% |
| 13 | EMA-10 Trend ✓ | Daily | 8.7% | 0.44 | -50.7% | 43.8% | 233 | -11.1% |
| 14 | WaveTrend (8/6/4) ✓ | Daily | 8.3% | 0.43 | -56.5% | 76.9% | 39 | -11.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Hewlett Packard Enterprise (HPE), 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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