The best indicator for Ingersoll Rand (IR)
We backtested 20 indicators across daily, weekly and hourly charts on real Ingersoll Rand (IR) 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 Ingersoll Rand (IR) over ~9.0 years — trailing buy-and-hold by 1.1% 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 | 14.5% | 0.69 | -31.2% | 68.8% | 32 | -1.1% |
| 2 | CCI ✓ | Daily | 12.9% | 0.65 | -31.8% | 73.3% | 45 | -2.6% |
| 3 | EMA-10 Trend | Weekly | 12.4% | 0.6 | -43.1% | 47.4% | 38 | -3.0% |
| 4 | Rate of Change | Weekly | 11.6% | 0.57 | -39.6% | 51.7% | 29 | -3.8% |
| 5 | Heikin-Ashi Trend ✓ | Weekly | 10.8% | 0.55 | -37.5% | 45.2% | 84 | -4.6% |
| 6 | EMA 20/50 Cross ✓ | Daily | 9.7% | 0.51 | -32.4% | 36.8% | 19 | -5.9% |
| 7 | Bollinger Mean-Reversion ✓ | Daily | 8.0% | 0.48 | -47.6% | 76.2% | 42 | -7.5% |
| 8 | RSI Trend (>50) | Weekly | 9.0% | 0.48 | -37.0% | 47.8% | 23 | -6.4% |
| 9 | RSI Trend (>50) ✓ | Daily | 8.5% | 0.47 | -34.7% | 38.3% | 120 | -7.0% |
| 10 | Donchian Midline ✓ | Weekly | 8.7% | 0.45 | -35.0% | 55.6% | 27 | -6.8% |
| 11 | Williams %R ✓ | Weekly | 8.5% | 0.51 | -25.7% | 53.8% | 13 | -6.9% |
| 12 | Stochastic ✓ | Weekly | 11.1% | 0.65 | -25.7% | 80.0% | 10 | -4.4% |
| 13 | Rate of Change ✓ | Daily | 6.5% | 0.39 | -41.5% | 42.3% | 137 | -9.1% |
| 14 | RSI Mean-Reversion | Daily | 5.9% | 0.44 | -33.7% | 69.2% | 13 | -9.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Ingersoll Rand (IR), 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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