The best indicator for Wabtec (WAB)
We backtested 20 indicators across daily, weekly and hourly charts on real Wabtec (WAB) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams %R
On the daily chart, this is the strongest risk-adjusted edge we found for Wabtec (WAB) over ~30.9 years — trailing buy-and-hold by 4.3% 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 | Williams %R ✓ | Daily | 8.3% | 0.46 | -45.1% | 67.3% | 199 | -4.3% |
| 2 | MACD ✓ | Weekly | 8.1% | 0.45 | -54.7% | 54.4% | 57 | -4.4% |
| 3 | Stochastic ✓ | Weekly | 7.7% | 0.44 | -54.9% | 86.7% | 30 | -4.8% |
| 4 | Money Flow Index ✓ | Daily | 7.7% | 0.42 | -75.0% | 73.7% | 38 | -4.8% |
| 5 | EMA 20/50 Cross ✓ | Weekly | 8.0% | 0.42 | -66.9% | 46.7% | 15 | -4.5% |
| 6 | Stochastic ✓ | Daily | 6.9% | 0.41 | -46.4% | 72.1% | 154 | -5.6% |
| 7 | Bollinger Mean-Reversion ✓ | Daily | 6.0% | 0.4 | -52.2% | 74.2% | 124 | -6.5% |
| 8 | WaveTrend (8/6/4) ✓ | Daily | 6.3% | 0.36 | -50.7% | 68.1% | 116 | -6.3% |
| 9 | Rate of Change ✓ | Weekly | 6.0% | 0.36 | -60.2% | 45.1% | 102 | -6.5% |
| 10 | EMA 50/200 Cross ✓ | Daily | 5.8% | 0.35 | -64.5% | 36.4% | 22 | -6.7% |
| 11 | SMA 50/200 Cross ✓ | Daily | 6.0% | 0.35 | -67.6% | 52.2% | 23 | -6.5% |
| 12 | EMA 20/50 Cross ✓ | Daily | 5.7% | 0.35 | -62.7% | 44.3% | 70 | -6.8% |
| 13 | CCI ✓ | Daily | 5.0% | 0.33 | -55.9% | 74.7% | 146 | -7.5% |
| 14 | Donchian Midline ✓ | Weekly | 5.0% | 0.33 | -65.5% | 48.3% | 87 | -7.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Wabtec (WAB), Williams %R 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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