The best indicator for American Electric Power (AEP)
We backtested 382 indicators across daily, weekly and hourly charts on real American Electric Power (AEP) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where American Electric Power (AEP) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
SMC: Change of Character
On the weekly chart, this is the strongest risk-adjusted edge we found for American Electric Power (AEP) over ~65.0 years — trailing buy-and-hold by 0.1% CAGR.
American Electric Power (AEP) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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 | SMC: Change of Character ✓ | Weekly | 7.8% | 0.57 | -47.3% | 72.4% | 29 | -0.1% |
| 2 | Ehlers Cyber Cycle ✓ | Weekly | 6.4% | 0.54 | -55.4% | 51.6% | 351 | -1.4% |
| 3 | Historical Volatility Regime ✓ | Weekly | 4.9% | 0.54 | -41.8% | 56.3% | 119 | -3.0% |
| 4 | Trend Intensity Index ✓ | Weekly | 7.0% | 0.53 | -35.4% | 73.7% | 19 | -0.9% |
| 5 | Volatility Regime (VIX-style) ✓ | Weekly | 4.8% | 0.53 | -45.1% | 54.0% | 113 | -3.1% |
| 6 | Detrended Price Osc. ✓ | Weekly | 6.6% | 0.52 | -50.9% | 58.9% | 375 | -1.3% |
| 7 | Pivot Point SuperTrend ✓ | Weekly | 6.6% | 0.51 | -40.6% | 61.1% | 18 | -1.3% |
| 8 | SMA 15/60 Cross ✓ | Weekly | 6.5% | 0.5 | -38.5% | 61.8% | 34 | -1.4% |
| 9 | EMA 20/50 Cross ✓ | Weekly | 6.4% | 0.49 | -47.3% | 53.8% | 26 | -1.4% |
| 10 | EMA 15/60 Cross ✓ | Weekly | 6.5% | 0.49 | -52.2% | 48.1% | 27 | -1.4% |
| 11 | Momentum (50) ✓ | Weekly | 6.1% | 0.49 | -49.4% | 45.6% | 79 | -1.8% |
| 12 | Donchian 100 Break ✓ | Daily | 6.0% | 0.48 | -52.8% | 64.5% | 31 | -1.8% |
| 13 | Zero-Lag MACD ✓ | Weekly | 5.7% | 0.48 | -45.6% | 55.1% | 285 | -2.1% |
| 14 | McGinley 10/30 Cross ✓ | Weekly | 6.7% | 0.48 | -48.7% | 42.1% | 19 | -1.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on American Electric Power (AEP)
2 of 727 tested setups beat buy-and-hold on American Electric Power (AEP) outright. Another 202 could get there with leverage they would survive — but 384 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Detrended Price Osc. | 1 | none needed | 3.15× |
| Negative Volume Index | 1 | none needed | 3.03× |
| QQE | — | 1.5× | 1.93× |
| Projection Bands | — | 1.56× | 3.57× |
| Zero-Lag MACD | — | 1.61× | 2.87× |
| KAMA 10/30 Cross | — | 1.62× | 2.64× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For American Electric Power (AEP), SMC: Change of Character 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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