The best indicator for Air Products (APD)
We backtested 366 indicators across daily, weekly and hourly charts on real Air Products (APD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Markov Regime
On the weekly chart, this is the strongest risk-adjusted edge we found for Air Products (APD) over ~46.4 years — trailing buy-and-hold by 0.2% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Air Products (APD) — trailing buy-and-hold by 5.7% 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 | Markov Regime ✓ | Weekly | 11.7% | 0.56 | -56.4% | 51.3% | 39 | -0.2% |
| 2 | CCI ✓ | Weekly | 7.6% | 0.55 | -40.6% | 86.0% | 43 | -4.3% |
| 3 | Intraday Momentum Index ✓ | Daily | 8.6% | 0.54 | -52.1% | 73.0% | 137 | -3.4% |
| 4 | SMC: Liquidity Sweep ✓ | Daily | 9.3% | 0.54 | -60.1% | 76.4% | 148 | -2.7% |
| 5 | McGinley 200 Trend ✓ | Daily | 11.4% | 0.53 | -60.3% | 22.2% | 18 | -0.6% |
| 6 | Markov Regime (Confirmed) ✓ | Weekly | 9.7% | 0.53 | -49.8% | 57.3% | 295 | -2.3% |
| 7 | SMC: Liquidity Sweep ✓ | Weekly | 7.6% | 0.51 | -51.9% | 86.2% | 29 | -4.4% |
| 8 | DeMarker ✓ | Daily | 8.1% | 0.5 | -56.3% | 72.4% | 163 | -3.9% |
| 9 | Schaff Trend Cycle ✓ | Daily | 3.9% | 0.5 | -24.7% | 52.2% | 381 | -8.1% |
| 10 | Williams %R ✓ | Daily | 7.4% | 0.49 | -53.9% | 71.4% | 322 | -4.6% |
| 11 | Holy Grail Confluence ✓ | Daily | 6.9% | 0.49 | -55.3% | 80.0% | 80 | -5.1% |
| 12 | Chaikin Money Flow ✓ | Weekly | 8.5% | 0.49 | -51.2% | 53.3% | 120 | -3.5% |
| 13 | CCI ✓ | Daily | 7.2% | 0.48 | -54.4% | 70.0% | 233 | -4.8% |
| 14 | VIDYA 200 Trend ✓ | Daily | 9.8% | 0.48 | -66.4% | 13.0% | 23 | -2.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Air Products (APD), Markov Regime 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.
More stock
Get the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.