The best indicator for Southern Company (SO)
We backtested 20 indicators across daily, weekly and hourly charts on real Southern Company (SO) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Southern Company (SO) over ~44.4 years — trailing buy-and-hold by 7.4% 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 | Money Flow Index ✓ | Daily | 6.7% | 0.61 | -27.6% | 85.7% | 42 | -7.4% |
| 2 | EMA 20/50 Cross ✓ | Weekly | 9.3% | 0.59 | -35.7% | 82.4% | 17 | -4.6% |
| 3 | SMA 50/200 Cross ✓ | Daily | 8.4% | 0.56 | -38.4% | 58.6% | 29 | -5.6% |
| 4 | EMA 50/200 Cross ✓ | Daily | 8.3% | 0.55 | -38.4% | 51.6% | 31 | -5.7% |
| 5 | Stochastic ✓ | Weekly | 4.4% | 0.55 | -16.9% | 89.2% | 37 | -9.5% |
| 6 | Holy Grail Confluence ✓ | Daily | 5.1% | 0.54 | -36.2% | 81.6% | 49 | -9.0% |
| 7 | Williams %R ✓ | Weekly | 5.1% | 0.49 | -30.8% | 83.1% | 59 | -8.8% |
| 8 | Williams %R ✓ | Daily | 5.3% | 0.48 | -38.1% | 67.9% | 271 | -8.7% |
| 9 | Bollinger Mean-Reversion ✓ | Weekly | 3.8% | 0.47 | -14.6% | 92.9% | 28 | -10.2% |
| 10 | CCI ✓ | Daily | 5.0% | 0.46 | -36.3% | 74.8% | 214 | -9.0% |
| 11 | Donchian Breakout ✓ | Weekly | 5.6% | 0.46 | -34.1% | 65.8% | 38 | -8.4% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 3.8% | 0.46 | -20.6% | 82.1% | 28 | -10.1% |
| 13 | Bollinger Mean-Reversion ✓ | Daily | 4.2% | 0.44 | -28.2% | 72.3% | 159 | -9.9% |
| 14 | Stochastic ✓ | Daily | 4.6% | 0.44 | -36.2% | 69.3% | 192 | -9.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Southern Company (SO), Money Flow Index 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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