The best indicator for Amazon (AMZN)
We backtested 366 indicators across daily, weekly and hourly charts on real Amazon (AMZN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Relative Momentum Index
On the weekly chart, this is the strongest risk-adjusted edge we found for Amazon (AMZN) over ~29.2 years — trailing buy-and-hold by 3.4% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Amazon (AMZN) — trailing buy-and-hold by 9.0% 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 | Relative Momentum Index ✓ | Weekly | 27.9% | 0.79 | -65.9% | 57.7% | 26 | -3.4% |
| 2 | MAMA / FAMA ✓ | Weekly | 27.5% | 0.78 | -70.1% | 48.0% | 25 | -3.9% |
| 3 | EMA 8/21 Cross ✓ | Weekly | 26.4% | 0.77 | -59.5% | 48.1% | 27 | -4.9% |
| 4 | Smoothed MA (Wilder) ✓ | Weekly | 26.6% | 0.77 | -62.8% | 45.3% | 53 | -4.7% |
| 5 | KAMA 10/30 Cross ✓ | Weekly | 25.6% | 0.77 | -69.4% | 70.0% | 20 | -5.8% |
| 6 | VIDYA 10/30 Cross ✓ | Daily | 25.6% | 0.76 | -67.6% | 42.3% | 26 | -5.4% |
| 7 | Awesome Oscillator ✓ | Weekly | 25.4% | 0.76 | -60.8% | 50.0% | 26 | -6.0% |
| 8 | KAMA 100 Trend ✓ | Weekly | 26.1% | 0.76 | -61.5% | 37.5% | 40 | -5.2% |
| 9 | Momentum (50) ✓ | Weekly | 25.1% | 0.75 | -63.1% | 57.1% | 35 | -6.3% |
| 10 | SMC: Order Block ✓ | Weekly | 25.8% | 0.75 | -54.6% | 48.9% | 45 | -5.5% |
| 11 | Elastic VW MA ✓ | Weekly | 24.8% | 0.74 | -71.4% | 46.2% | 52 | -6.5% |
| 12 | EMA 9/26 Cross ✓ | Weekly | 24.3% | 0.74 | -68.6% | 56.5% | 23 | -7.0% |
| 13 | CCI (50) ✓ | Weekly | 23.6% | 0.74 | -65.7% | 38.9% | 36 | -7.7% |
| 14 | QQE ✓ | Daily | 28.2% | 0.73 | -91.0% | 43.9% | 426 | -2.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Amazon (AMZN), Relative Momentum 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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