The best indicator for Linde plc (LIN)
We backtested 20 indicators across daily, weekly and hourly charts on real Linde plc (LIN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic
On the daily chart, this is the strongest risk-adjusted edge we found for Linde plc (LIN) over ~33.9 years — trailing buy-and-hold by 5.6% 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 | Stochastic ✓ | Daily | 9.4% | 0.64 | -36.1% | 73.9% | 161 | -5.6% |
| 2 | Williams %R ✓ | Daily | 10.2% | 0.64 | -45.8% | 72.8% | 239 | -4.8% |
| 3 | WaveTrend (8/6/4) ✓ | Daily | 8.8% | 0.54 | -51.2% | 80.5% | 133 | -6.1% |
| 4 | Money Flow Index ✓ | Daily | 7.5% | 0.51 | -42.3% | 80.8% | 26 | -7.4% |
| 5 | CCI ✓ | Daily | 7.4% | 0.48 | -51.1% | 77.1% | 170 | -7.5% |
| 6 | Holy Grail Confluence ✓ | Daily | 6.8% | 0.48 | -45.5% | 81.2% | 48 | -8.2% |
| 7 | SMA 50/200 Cross ✓ | Daily | 7.8% | 0.47 | -56.6% | 59.1% | 22 | -7.1% |
| 8 | Williams %R ✓ | Weekly | 6.5% | 0.46 | -42.4% | 88.6% | 44 | -8.4% |
| 9 | Bollinger Mean-Reversion ✓ | Daily | 5.7% | 0.43 | -47.0% | 65.4% | 127 | -9.3% |
| 10 | Stochastic ✓ | Weekly | 5.6% | 0.43 | -38.6% | 92.6% | 27 | -9.3% |
| 11 | WaveTrend (8/6/4) ✓ | Weekly | 6.0% | 0.43 | -34.9% | 86.4% | 22 | -8.9% |
| 12 | EMA 50/200 Cross ✓ | Daily | 6.1% | 0.38 | -75.3% | 34.8% | 23 | -8.9% |
| 13 | Donchian Midline ✓ | Weekly | 5.6% | 0.38 | -32.1% | 55.6% | 99 | -9.3% |
| 14 | EMA 20/50 Cross ✓ | Weekly | 10.3% | 0.56 | -63.1% | 80.0% | 10 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Linde plc (LIN), Stochastic 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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