The best indicator for Aon plc (AON)
We backtested 366 indicators across daily, weekly and hourly charts on real Aon plc (AON) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Money Flow Index
On the daily chart, this is the strongest risk-adjusted edge we found for Aon plc (AON) over ~46.0 years — trailing buy-and-hold by 2.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Aon plc (AON) — trailing buy-and-hold by 5.5% 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 | Money Flow Index ✓ | Daily | 10.6% | 0.7 | -59.6% | 90.4% | 52 | -2.6% |
| 2 | DeMarker ✓ | Weekly | 8.7% | 0.64 | -31.0% | 91.7% | 36 | -4.5% |
| 3 | SMC: Liquidity Sweep ✓ | Daily | 10.6% | 0.62 | -58.9% | 71.2% | 153 | -2.6% |
| 4 | CCI ✓ | Weekly | 7.3% | 0.55 | -26.6% | 83.7% | 49 | -5.8% |
| 5 | Markov Regime ✓ | Weekly | 11.7% | 0.55 | -65.3% | 60.0% | 40 | -1.5% |
| 6 | VIDYA 200 Trend ✓ | Daily | 11.1% | 0.54 | -64.8% | 45.2% | 31 | -2.1% |
| 7 | SMC: Change of Character ✓ | Weekly | 9.0% | 0.53 | -50.4% | 66.7% | 27 | -4.2% |
| 8 | Stochastic RSI ✓ | Weekly | 6.5% | 0.52 | -43.4% | 86.1% | 72 | -6.6% |
| 9 | Markov Regime ✓ | Daily | 10.5% | 0.52 | -67.4% | 50.0% | 114 | -2.7% |
| 10 | Markov Regime (Confirmed) ✓ | Weekly | 9.5% | 0.52 | -59.0% | 63.1% | 290 | -3.7% |
| 11 | WaveTrend (8/6/4) ✓ | Daily | 8.5% | 0.51 | -63.6% | 71.3% | 164 | -4.8% |
| 12 | Stochastic Momentum Index ✓ | Daily | 7.2% | 0.51 | -62.7% | 75.1% | 189 | -6.0% |
| 13 | Williams %R ✓ | Weekly | 7.6% | 0.51 | -39.6% | 80.0% | 60 | -5.6% |
| 14 | Projection Bands ✓ | Weekly | 7.5% | 0.51 | -56.2% | 82.9% | 76 | -5.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Aon plc (AON), Money Flow Index 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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