The best indicator for Baker Hughes (BKR)
We backtested 382 indicators across daily, weekly and hourly charts on real Baker Hughes (BKR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Connors RSI
On the daily chart, this is the strongest risk-adjusted edge we found for Baker Hughes (BKR) over ~39.2 years — beating buy-and-hold by 3.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Baker Hughes (BKR) — trailing buy-and-hold by 5.0% 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 | Connors RSI ✓ | Daily | 9.4% | 0.47 | -60.4% | 65.3% | 495 | 3.3% |
| 2 | FRAMA 10/30 Cross ✓ | Weekly | 9.0% | 0.46 | -55.5% | 55.1% | 156 | 2.9% |
| 3 | Murrey Math Lines ✓ | Weekly | 7.9% | 0.43 | -60.1% | 65.2% | 23 | 1.8% |
| 4 | Connors RSI-2 ✓ | Daily | 7.2% | 0.41 | -67.9% | 63.8% | 483 | 1.2% |
| 5 | SMC: Fair Value Gap ✓ | Weekly | 7.0% | 0.39 | -57.2% | 50.6% | 79 | 0.8% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 5.9% | 0.35 | -65.9% | 74.2% | 31 | -0.2% |
| 7 | Accelerator Oscillator ✓ | Weekly | 5.5% | 0.34 | -55.2% | 45.9% | 122 | -0.7% |
| 8 | WMA 10/40 Cross ✓ | Weekly | 5.6% | 0.34 | -61.4% | 45.9% | 37 | -0.5% |
| 9 | DeMarker (7) ✓ | Weekly | 5.6% | 0.34 | -64.3% | 46.1% | 152 | -0.6% |
| 10 | PMax ✓ | Daily | 5.6% | 0.34 | -53.7% | 48.3% | 58 | -0.4% |
| 11 | Projection Bands | Daily | 5.4% | 0.33 | -76.4% | 65.5% | 362 | -0.7% |
| 12 | Stochastic RSI ✓ | Weekly | 5.3% | 0.33 | -44.2% | 69.6% | 56 | -0.8% |
| 13 | MACD-V ✓ | Weekly | 5.2% | 0.33 | -61.2% | 46.9% | 81 | -0.9% |
| 14 | T3 8/21 Cross ✓ | Weekly | 5.2% | 0.33 | -65.7% | 52.5% | 40 | -0.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Baker Hughes (BKR), Connors RSI on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — 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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