The best indicator for International Paper (IP)
We backtested 20 indicators across daily, weekly and hourly charts on real International Paper (IP) 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 International Paper (IP) over ~64.3 years — beating buy-and-hold by 1.0% 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 | WaveTrend (8/6/4) ✓ | Daily | 6.9% | 0.42 | -81.8% | 66.7% | 255 | 1.0% |
| 2 | Williams %R ✓ | Weekly | 6.3% | 0.42 | -48.1% | 76.1% | 92 | 0.4% |
| 3 | Holy Grail Confluence ✓ | Daily | 5.6% | 0.39 | -80.6% | 73.4% | 109 | -0.3% |
| 4 | Money Flow Index ✓ | Daily | 5.2% | 0.35 | -77.6% | 77.1% | 70 | -0.7% |
| 5 | CCI ✓ | Weekly | 5.1% | 0.35 | -72.4% | 79.2% | 72 | -0.8% |
| 6 | Stochastic ✓ | Daily | 4.7% | 0.33 | -80.1% | 67.8% | 348 | -1.3% |
| 7 | Heikin-Ashi Trend | Daily | 4.6% | 0.32 | -90.2% | 43.1% | 2993 | -1.3% |
| 8 | Williams %R ✓ | Daily | 4.1% | 0.3 | -66.2% | 68.1% | 427 | -1.9% |
| 9 | Stochastic ✓ | Weekly | 4.0% | 0.3 | -80.0% | 72.3% | 65 | -1.9% |
| 10 | MACD ✓ | Daily | 3.7% | 0.28 | -76.2% | 39.7% | 643 | -2.3% |
| 11 | CCI ✓ | Daily | 3.7% | 0.28 | -79.1% | 68.6% | 318 | -2.3% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 3.8% | 0.28 | -83.5% | 75.5% | 53 | -2.1% |
| 13 | RSI Mean-Reversion ✓ | Daily | 2.7% | 0.25 | -80.6% | 73.0% | 100 | -3.3% |
| 14 | SMA 50/200 Cross ✓ | Daily | 2.9% | 0.24 | -57.5% | 50.0% | 48 | -3.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For International Paper (IP), WaveTrend (8/6/4) on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — 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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