The best indicator for American Electric Power (AEP)
We backtested 366 indicators across daily, weekly and hourly charts on real American Electric Power (AEP) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Trend Intensity Index
On the weekly chart, this is the strongest risk-adjusted edge we found for American Electric Power (AEP) over ~64.7 years — trailing buy-and-hold by 0.9% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for American Electric Power (AEP) — trailing buy-and-hold by 4.4% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
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 | Trend Intensity Index ✓ | Weekly | 7.2% | 0.53 | -35.4% | 73.7% | 19 | -0.9% |
| 2 | SMC: Change of Character ✓ | Weekly | 7.3% | 0.53 | -47.3% | 61.3% | 31 | -0.8% |
| 3 | Detrended Price Osc. ✓ | Weekly | 6.2% | 0.49 | -51.0% | 58.9% | 384 | -1.8% |
| 4 | SMA 15/60 Cross ✓ | Weekly | 6.5% | 0.49 | -38.3% | 58.8% | 34 | -1.5% |
| 5 | Supertrend (7,3) ✓ | Weekly | 6.0% | 0.49 | -63.5% | 61.8% | 34 | -2.1% |
| 6 | Donchian 100 Break ✓ | Daily | 6.0% | 0.48 | -51.6% | 62.5% | 32 | -2.0% |
| 7 | EMA 20/50 Cross ✓ | Weekly | 6.5% | 0.48 | -45.9% | 52.0% | 25 | -1.5% |
| 8 | EMA 15/60 Cross ✓ | Weekly | 6.5% | 0.48 | -50.8% | 48.1% | 27 | -1.5% |
| 9 | SMA 50/200 Cross ✓ | Daily | 6.0% | 0.47 | -66.8% | 47.6% | 42 | -2.0% |
| 10 | McGinley 10/30 Cross ✓ | Weekly | 6.7% | 0.47 | -53.3% | 42.1% | 19 | -1.3% |
| 11 | EMA 10/40 Cross ✓ | Weekly | 6.2% | 0.47 | -53.8% | 42.5% | 40 | -1.9% |
| 12 | SMA 20/80 Cross ✓ | Weekly | 6.4% | 0.47 | -48.1% | 70.0% | 20 | -1.6% |
| 13 | T3 20/80 Cross ✓ | Weekly | 6.0% | 0.47 | -40.7% | 77.8% | 18 | -2.1% |
| 14 | Momentum (50) ✓ | Weekly | 6.0% | 0.47 | -49.4% | 47.1% | 85 | -2.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For American Electric Power (AEP), Trend Intensity Index 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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