The best indicator for PPG Industries (PPG)
We backtested 20 indicators across daily, weekly and hourly charts on real PPG Industries (PPG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Holy Grail Confluence
On the weekly chart, this is the strongest risk-adjusted edge we found for PPG Industries (PPG) over ~46.4 years — trailing buy-and-hold by 5.9% 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 | Holy Grail Confluence ✓ | Weekly | 6.4% | 0.52 | -23.8% | 100.0% | 15 | -5.9% |
| 2 | CCI ✓ | Daily | 7.4% | 0.48 | -44.3% | 70.3% | 229 | -5.0% |
| 3 | CCI ✓ | Weekly | 5.9% | 0.45 | -36.2% | 75.0% | 52 | -6.4% |
| 4 | MACD ✓ | Weekly | 6.3% | 0.42 | -40.4% | 54.1% | 98 | -6.0% |
| 5 | Stochastic ✓ | Weekly | 5.6% | 0.42 | -39.1% | 81.0% | 42 | -6.7% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 5.8% | 0.42 | -50.6% | 72.7% | 33 | -6.5% |
| 7 | Stochastic ✓ | Daily | 5.9% | 0.41 | -44.7% | 68.8% | 247 | -6.4% |
| 8 | WaveTrend (8/6/4) ✓ | Daily | 6.4% | 0.41 | -44.9% | 70.5% | 176 | -6.0% |
| 9 | EMA 20/50 Cross ✓ | Daily | 6.1% | 0.4 | -61.9% | 45.1% | 102 | -6.3% |
| 10 | Donchian Midline ✓ | Weekly | 5.9% | 0.39 | -61.3% | 49.3% | 134 | -6.4% |
| 11 | Williams %R ✓ | Daily | 5.5% | 0.38 | -45.6% | 70.5% | 315 | -6.8% |
| 12 | Money Flow Index ✓ | Daily | 5.1% | 0.37 | -63.0% | 80.0% | 40 | -7.2% |
| 13 | RSI Trend (>50) ✓ | Weekly | 5.5% | 0.37 | -64.3% | 48.8% | 129 | -6.8% |
| 14 | Holy Grail Confluence ✓ | Daily | 4.7% | 0.36 | -37.0% | 72.3% | 65 | -7.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For PPG Industries (PPG), Holy Grail Confluence 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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