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The best indicator for Dow Futures (YM)

We backtested 20 indicators across daily, weekly and hourly charts on real Dow Futures (YM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Trend · Daily

SMA 50/200 Cross

On the daily chart, this is the strongest risk-adjusted edge we found for Dow Futures (YM) over ~24.1 years — trailing buy-and-hold by 1.7% CAGR.

5.2%
CAGR
0.48
Sharpe
-34.1%
Max DD
71.4%
Win rate
4.5
Profit factor
-1.7%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
SMA 50/200 Cross
-1.7% · Sharpe 0.48
Weekly
Donchian Midline
-3.2% · Sharpe 0.37
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1SMA 50/200 Cross Daily5.2%0.48-34.1%71.4%14-1.7%
2EMA 50/200 Cross Daily5.0%0.46-30.6%57.1%14-1.8%
3EMA 20/50 Cross Daily3.8%0.41-22.3%45.0%60-3.1%
4RSI Mean-Reversion Daily4.1%0.41-31.4%90.0%40-2.8%
5Donchian Midline Weekly3.6%0.37-29.3%44.3%70-3.2%
6WaveTrend (8/6/4) Daily4.2%0.36-49.8%73.4%94-2.6%
7MACD Daily3.2%0.35-27.9%47.2%250-3.7%
8Donchian Breakout Daily2.5%0.33-17.2%50.5%99-4.4%
9Stochastic Weekly2.5%0.29-42.9%93.3%15-4.3%
10Money Flow Index Daily2.9%0.27-47.2%82.1%28-3.9%
11RSI Trend (>50) Weekly2.3%0.27-26.7%50.7%73-4.5%
12Williams %R Weekly2.4%0.26-45.6%81.2%32-4.4%
13WaveTrend (8/6/4) Weekly2.2%0.26-48.9%86.7%15-4.6%
14Rate of Change Weekly2.2%0.26-23.6%53.2%79-4.6%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Dow Futures (YM), 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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