The best indicator for Wells Fargo (WFC)
We backtested 20 indicators across daily, weekly and hourly charts on real Wells Fargo (WFC) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
WaveTrend (8/6/4)
On the daily chart, this is the strongest risk-adjusted edge we found for Wells Fargo (WFC) over ~54.0 years — trailing buy-and-hold by 4.9% 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 | WaveTrend (8/6/4) ✓ | Daily | 7.7% | 0.43 | -61.0% | 70.9% | 199 | -4.9% |
| 2 | EMA 50/200 Cross ✓ | Daily | 7.2% | 0.42 | -56.1% | 47.2% | 36 | -5.4% |
| 3 | SMA 50/200 Cross ✓ | Daily | 7.1% | 0.42 | -49.5% | 44.2% | 43 | -5.4% |
| 4 | EMA 20/50 Cross ✓ | Daily | 6.5% | 0.4 | -67.5% | 43.5% | 124 | -6.1% |
| 5 | EMA 20/50 Cross ✓ | Weekly | 5.6% | 0.35 | -63.5% | 53.8% | 26 | -7.0% |
| 6 | Holy Grail Confluence ✓ | Daily | 5.0% | 0.34 | -74.7% | 78.6% | 84 | -7.5% |
| 7 | ADX / DMI ✓ | Weekly | 4.1% | 0.34 | -50.3% | 44.9% | 69 | -8.4% |
| 8 | Williams %R ✓ | Weekly | 5.3% | 0.34 | -70.8% | 76.7% | 73 | -7.2% |
| 9 | Stochastic ✓ | Daily | 4.9% | 0.33 | -67.9% | 72.2% | 270 | -7.6% |
| 10 | Williams %R ✓ | Daily | 4.9% | 0.33 | -65.2% | 71.1% | 356 | -7.6% |
| 11 | Bollinger Mean-Reversion ✓ | Weekly | 4.8% | 0.33 | -70.8% | 73.3% | 45 | -7.8% |
| 12 | Donchian Midline ✓ | Weekly | 4.9% | 0.33 | -78.4% | 44.4% | 153 | -7.6% |
| 13 | Bollinger Mean-Reversion ✓ | Daily | 4.4% | 0.32 | -57.6% | 69.5% | 223 | -8.2% |
| 14 | Stochastic ✓ | Weekly | 4.6% | 0.32 | -56.1% | 78.8% | 52 | -7.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Wells Fargo (WFC), WaveTrend (8/6/4) 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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