The best indicator for Intercontinental Exchange (ICE)
We backtested 20 indicators across daily, weekly and hourly charts on real Intercontinental Exchange (ICE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams %R
On the weekly chart, this is the strongest risk-adjusted edge we found for Intercontinental Exchange (ICE) over ~20.6 years — trailing buy-and-hold by 5.8% 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 | Williams %R ✓ | Weekly | 10.8% | 0.6 | -43.2% | 88.9% | 27 | -5.8% |
| 2 | Stochastic ✓ | Weekly | 9.5% | 0.57 | -43.1% | 88.9% | 18 | -7.1% |
| 3 | Bollinger Mean-Reversion ✓ | Daily | 8.2% | 0.46 | -33.2% | 71.6% | 95 | -7.9% |
| 4 | Donchian Breakout ✓ | Daily | 7.7% | 0.45 | -62.5% | 50.6% | 83 | -8.3% |
| 5 | EMA 50/200 Cross ✓ | Daily | 8.3% | 0.45 | -58.9% | 42.9% | 14 | -7.7% |
| 6 | CCI | Daily | 7.1% | 0.4 | -61.1% | 72.2% | 97 | -9.0% |
| 7 | WaveTrend (8/6/4) ✓ | Daily | 7.4% | 0.39 | -67.7% | 75.3% | 77 | -8.6% |
| 8 | Holy Grail Confluence ✓ | Daily | 7.1% | 0.39 | -45.2% | 76.7% | 30 | -8.9% |
| 9 | SMA 50/200 Cross ✓ | Daily | 9.2% | 0.48 | -47.5% | 66.7% | 12 | -6.8% |
| 10 | Stochastic ✓ | Daily | 6.3% | 0.37 | -63.1% | 74.2% | 93 | -9.7% |
| 11 | EMA-10 Trend ✓ | Weekly | 5.8% | 0.36 | -38.8% | 45.5% | 101 | -10.8% |
| 12 | ADX / DMI | Weekly | 4.8% | 0.35 | -34.5% | 36.0% | 25 | -11.8% |
| 13 | Bollinger Breakout ✓ | Daily | 4.6% | 0.34 | -36.9% | 49.5% | 103 | -11.4% |
| 14 | RSI Mean-Reversion ✓ | Daily | 3.9% | 0.32 | -44.3% | 86.2% | 29 | -12.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Intercontinental Exchange (ICE), Williams %R 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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