The best indicator for TJX Companies (TJX)
We backtested 20 indicators across daily, weekly and hourly charts on real TJX Companies (TJX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
SMA 50/200 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for TJX Companies (TJX) over ~38.9 years — trailing buy-and-hold by 3.0% 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 | SMA 50/200 Cross ✓ | Daily | 13.9% | 0.63 | -47.4% | 61.5% | 26 | -3.0% |
| 2 | EMA 20/50 Cross ✓ | Weekly | 13.8% | 0.63 | -43.4% | 85.7% | 14 | -3.0% |
| 3 | EMA 50/200 Cross ✓ | Daily | 12.2% | 0.57 | -52.9% | 56.5% | 23 | -4.7% |
| 4 | Rate of Change ✓ | Weekly | 9.2% | 0.5 | -63.5% | 59.2% | 125 | -7.6% |
| 5 | RSI Trend (>50) ✓ | Weekly | 9.3% | 0.49 | -66.1% | 47.7% | 111 | -7.5% |
| 6 | ADX / DMI ✓ | Weekly | 8.1% | 0.49 | -46.7% | 50.0% | 56 | -8.7% |
| 7 | Donchian Breakout ✓ | Weekly | 7.9% | 0.47 | -52.1% | 59.4% | 32 | -8.9% |
| 8 | Donchian Midline ✓ | Weekly | 8.2% | 0.46 | -57.6% | 50.8% | 118 | -8.6% |
| 9 | Money Flow Index ✓ | Daily | 8.0% | 0.45 | -58.7% | 81.1% | 37 | -8.9% |
| 10 | EMA 20/50 Cross ✓ | Daily | 7.9% | 0.43 | -60.8% | 36.0% | 89 | -9.0% |
| 11 | Stochastic ✓ | Daily | 7.0% | 0.41 | -53.7% | 72.1% | 183 | -9.9% |
| 12 | EMA-10 Trend ✓ | Weekly | 6.8% | 0.4 | -73.1% | 47.5% | 183 | -10.0% |
| 13 | MACD ✓ | Weekly | 6.0% | 0.38 | -63.8% | 51.8% | 83 | -10.8% |
| 14 | Bollinger Mean-Reversion ✓ | Daily | 5.4% | 0.37 | -50.6% | 67.7% | 155 | -11.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For TJX Companies (TJX), SMA 50/200 Cross 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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