The best indicator for Nordson Corporation (NDSN)
We backtested 20 indicators across daily, weekly and hourly charts on real Nordson Corporation (NDSN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Rate of Change
On the weekly chart, this is the strongest risk-adjusted edge we found for Nordson Corporation (NDSN) over ~46.4 years — trailing buy-and-hold by 3.8% 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 | Rate of Change ✓ | Weekly | 9.7% | 0.53 | -53.0% | 48.6% | 144 | -3.8% |
| 2 | MACD ✓ | Weekly | 8.3% | 0.49 | -57.9% | 47.3% | 93 | -5.2% |
| 3 | Heikin-Ashi Trend ✓ | Weekly | 7.8% | 0.45 | -61.4% | 47.9% | 409 | -5.7% |
| 4 | Donchian Breakout ✓ | Daily | 6.9% | 0.43 | -60.8% | 46.5% | 155 | -6.5% |
| 5 | CCI ✓ | Weekly | 6.1% | 0.42 | -55.6% | 82.2% | 45 | -7.4% |
| 6 | ADX / DMI | Daily | 6.5% | 0.41 | -57.2% | 39.5% | 306 | -6.8% |
| 7 | Stochastic ✓ | Weekly | 6.1% | 0.41 | -60.4% | 74.4% | 43 | -7.4% |
| 8 | Donchian Midline ✓ | Weekly | 6.9% | 0.41 | -73.8% | 44.7% | 132 | -6.6% |
| 9 | EMA-10 Trend ✓ | Weekly | 6.5% | 0.4 | -59.1% | 43.8% | 208 | -7.0% |
| 10 | Williams %R ✓ | Weekly | 5.1% | 0.36 | -61.1% | 78.9% | 57 | -8.4% |
| 11 | Bollinger Breakout ✓ | Daily | 4.5% | 0.35 | -68.4% | 47.4% | 215 | -8.8% |
| 12 | RSI Trend (>50) ✓ | Weekly | 5.5% | 0.35 | -79.5% | 41.9% | 136 | -8.0% |
| 13 | EMA 50/200 Cross ✓ | Daily | 5.5% | 0.34 | -70.0% | 40.5% | 37 | -7.9% |
| 14 | WaveTrend (8/6/4) ✓ | Weekly | 5.0% | 0.34 | -61.3% | 82.9% | 35 | -8.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Nordson Corporation (NDSN), Rate of Change 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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