The best indicator for Carrier Global (CARR)
We backtested 366 indicators across daily, weekly and hourly charts on real Carrier Global (CARR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic RSI
On the daily chart, this is the strongest risk-adjusted edge we found for Carrier Global (CARR) over ~6.2 years — trailing buy-and-hold by 15.4% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Carrier Global (CARR) — trailing buy-and-hold by 7.3% 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 | Stochastic RSI ✓ | Daily | 18.3% | 1.09 | -21.5% | 72.0% | 50 | -15.4% |
| 2 | Donchian 10 Break ✓ | Daily | 25.1% | 1.03 | -22.7% | 50.0% | 28 | -8.7% |
| 3 | KAMA 10/30 Cross ✓ | Daily | 26.4% | 0.99 | -25.5% | 45.0% | 20 | -7.4% |
| 4 | Ehlers Decycler ✓ | Weekly | 27.1% | 0.97 | -26.2% | 53.3% | 15 | -5.1% |
| 5 | Gann HiLo Activator ✓ | Weekly | 25.3% | 0.96 | -22.1% | 47.4% | 19 | -6.9% |
| 6 | DeMarker (21) ✓ | Daily | 22.4% | 0.95 | -31.6% | 56.7% | 60 | -11.4% |
| 7 | Supertrend (10,3) ✓ | Daily | 26.9% | 0.94 | -27.5% | 47.6% | 21 | -6.8% |
| 8 | Geometric MA ✓ | Daily | 21.1% | 0.94 | -28.6% | 43.7% | 71 | -12.7% |
| 9 | VIDYA 30 Trend ✓ | Daily | 23.8% | 0.94 | -31.3% | 42.3% | 26 | -10.0% |
| 10 | Supertrend (7,3) ✓ | Daily | 26.9% | 0.94 | -27.2% | 47.6% | 21 | -6.9% |
| 11 | Twiggs Money Flow ✓ | Weekly | 27.5% | 0.94 | -33.1% | 64.7% | 17 | -4.6% |
| 12 | SMC: Break of Structure ✓ | Daily | 22.3% | 0.92 | -28.9% | 50.0% | 18 | -11.5% |
| 13 | Donchian Breakout ✓ | Daily | 18.8% | 0.9 | -22.8% | 43.5% | 23 | -15.0% |
| 14 | TRIMA 30 Trend ✓ | Daily | 18.6% | 0.9 | -19.4% | 48.9% | 45 | -15.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Carrier Global (CARR), Stochastic RSI 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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