The best indicator for TE Connectivity (TEL)
We backtested 20 indicators across daily, weekly and hourly charts on real TE Connectivity (TEL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
WaveTrend (8/6/4)
On the weekly chart, this is the strongest risk-adjusted edge we found for TE Connectivity (TEL) over ~19.1 years — trailing buy-and-hold by 4.1% 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 | WaveTrend (8/6/4) ✓ | Weekly | 7.4% | 0.46 | -59.1% | 73.3% | 15 | -4.1% |
| 2 | RSI Trend (>50) ✓ | Weekly | 7.2% | 0.44 | -31.1% | 43.4% | 53 | -4.3% |
| 3 | EMA 20/50 Cross ✓ | Daily | 7.0% | 0.43 | -45.6% | 31.1% | 45 | -4.6% |
| 4 | Donchian Breakout ✓ | Weekly | 6.1% | 0.43 | -33.9% | 60.0% | 15 | -5.4% |
| 5 | MACD ✓ | Daily | 7.0% | 0.42 | -47.7% | 44.0% | 191 | -4.6% |
| 6 | Heikin-Ashi Trend ✓ | Weekly | 7.2% | 0.42 | -46.0% | 48.0% | 177 | -4.3% |
| 7 | Donchian Midline ✓ | Weekly | 6.9% | 0.42 | -43.9% | 46.6% | 58 | -4.6% |
| 8 | MACD ✓ | Weekly | 6.4% | 0.41 | -50.6% | 42.5% | 40 | -5.1% |
| 9 | EMA-10 Trend ✓ | Weekly | 6.5% | 0.41 | -39.3% | 42.7% | 89 | -5.0% |
| 10 | Stochastic ✓ | Weekly | 5.9% | 0.39 | -60.5% | 86.7% | 15 | -5.6% |
| 11 | RSI Trend (>50) ✓ | Daily | 6.0% | 0.38 | -46.1% | 41.1% | 270 | -5.6% |
| 12 | ADX / DMI ✓ | Weekly | 4.9% | 0.38 | -36.0% | 40.0% | 25 | -6.6% |
| 13 | Money Flow Index ✓ | Daily | 6.1% | 0.37 | -74.7% | 73.7% | 19 | -5.5% |
| 14 | EMA-10 Trend ✓ | Daily | 5.8% | 0.37 | -49.6% | 44.7% | 443 | -5.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For TE Connectivity (TEL), WaveTrend (8/6/4) 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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