The best indicator for Otis Worldwide (OTIS)
We backtested 20 indicators across daily, weekly and hourly charts on real Otis Worldwide (OTIS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams %R
On the weekly chart, this is the strongest risk-adjusted edge we found for Otis Worldwide (OTIS) over ~6.2 years — trailing buy-and-hold by 0.6% 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 | Heikin-Ashi Trend | Weekly | 8.1% | 0.57 | -23.9% | 44.1% | 59 | -0.9% |
| 2 | Williams %R ✓ | Weekly | 8.5% | 0.73 | -13.3% | 90.9% | 11 | -0.6% |
| 3 | Stochastic ✓ | Daily | 5.1% | 0.44 | -21.1% | 68.8% | 32 | -4.0% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 5.2% | 0.41 | -23.9% | 73.9% | 23 | -3.9% |
| 5 | Donchian Breakout | Daily | 5.4% | 0.4 | -33.3% | 40.9% | 22 | -3.7% |
| 6 | Stochastic ✓ | Weekly | 7.7% | 0.74 | -13.1% | 75.0% | 8 | -1.4% |
| 7 | Bollinger Mean-Reversion ✓ | Daily | 3.6% | 0.38 | -15.3% | 63.3% | 30 | -5.4% |
| 8 | CCI ✓ | Daily | 3.8% | 0.36 | -20.3% | 71.4% | 28 | -5.2% |
| 9 | Bollinger Breakout ✓ | Daily | 3.5% | 0.34 | -19.6% | 50.0% | 26 | -5.5% |
| 10 | Williams %R ✓ | Daily | 3.4% | 0.31 | -20.7% | 56.4% | 39 | -5.6% |
| 11 | RSI Trend (>50) | Weekly | 3.7% | 0.31 | -29.5% | 33.3% | 18 | -5.4% |
| 12 | Holy Grail Confluence ✓ | Daily | 3.5% | 0.34 | -14.8% | 81.8% | 11 | -5.5% |
| 13 | EMA-10 Trend | Weekly | 2.3% | 0.22 | -32.1% | 43.8% | 32 | -6.8% |
| 14 | EMA 20/50 Cross | Daily | 0.9% | 0.14 | -37.6% | 26.7% | 15 | -8.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Otis Worldwide (OTIS), Williams %R 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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