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The best indicator for Inv-Grade Corp (LQD)

We backtested 20 indicators across daily, weekly and hourly charts on real Inv-Grade Corp (LQD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Weekly

Donchian Midline

On the weekly chart, this is the strongest risk-adjusted edge we found for Inv-Grade Corp (LQD) over ~23.9 years — trailing buy-and-hold by 1.4% CAGR.

3.1%
CAGR
0.55
Sharpe
-12.7%
Max DD
49.2%
Win rate
3.21
Profit factor
-1.4%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
Donchian Midline
-1.4% · Sharpe 0.55
Daily
EMA 20/50 Cross
-1.8% · Sharpe 0.53
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Donchian Midline Weekly3.1%0.55-12.7%49.2%61-1.4%
2EMA 20/50 Cross Daily2.8%0.53-17.2%47.1%51-1.8%
3RSI Trend (>50) Weekly2.7%0.51-14.5%47.5%61-1.8%
4Rate of Change Weekly2.7%0.51-14.0%49.3%69-1.8%
5EMA 50/200 Cross Daily2.7%0.46-21.8%52.6%19-1.9%
6Donchian Midline Daily2.2%0.46-13.9%39.2%309-2.4%
7EMA-10 Trend Weekly2.3%0.45-12.4%42.3%111-2.2%
8Donchian Breakout Daily1.8%0.44-11.0%39.6%101-2.8%
9RSI Trend (>50) Daily2.1%0.43-12.8%34.1%311-2.5%
10Rate of Change Daily2.1%0.43-17.4%41.1%355-2.6%
11MACD Weekly2.0%0.41-13.0%57.4%47-2.5%
12Donchian Breakout Weekly1.8%0.4-13.5%60.0%20-2.7%
13Bollinger Breakout Weekly1.5%0.39-10.9%52.4%21-3.0%
14ADX / DMI Weekly1.6%0.37-12.7%36.1%36-2.9%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Inv-Grade Corp (LQD), Donchian Midline 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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