The best indicator for Ciena (CIEN)
We backtested 366 indicators across daily, weekly and hourly charts on real Ciena (CIEN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Chande Forecast Osc.
On the weekly chart, this is the strongest risk-adjusted edge we found for Ciena (CIEN) over ~29.4 years — beating buy-and-hold by 12.0% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Ciena (CIEN) — beating buy-and-hold by 4.0% 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 | Chande Forecast Osc. ✓ | Weekly | 16.6% | 0.56 | -84.6% | 53.5% | 159 | 12.0% |
| 2 | TRIX (15) ✓ | Daily | 15.5% | 0.55 | -81.7% | 43.9% | 82 | 10.9% |
| 3 | Volume Flow Indicator ✓ | Daily | 14.3% | 0.52 | -82.3% | 45.3% | 64 | 9.6% |
| 4 | WMA 20/50 Cross ✓ | Daily | 13.0% | 0.5 | -80.1% | 46.1% | 89 | 8.4% |
| 5 | Positive Volume Index ✓ | Daily | 12.9% | 0.5 | -79.2% | 35.3% | 68 | 8.3% |
| 6 | SMA 15/60 Cross ✓ | Daily | 13.0% | 0.5 | -82.4% | 46.4% | 69 | 8.4% |
| 7 | Chande-Kroll Stop (fast) ✓ | Weekly | 13.7% | 0.5 | -94.2% | 48.1% | 104 | 9.1% |
| 8 | SMA 20/50 Cross ✓ | Daily | 12.6% | 0.49 | -79.0% | 47.3% | 74 | 8.0% |
| 9 | WMA 20/80 Cross ✓ | Daily | 12.8% | 0.49 | -70.4% | 47.8% | 67 | 8.1% |
| 10 | Zero-Lag MACD ✓ | Weekly | 12.8% | 0.49 | -71.5% | 54.8% | 126 | 8.2% |
| 11 | Three White Soldiers ✓ | Weekly | 11.7% | 0.49 | -52.0% | 57.3% | 75 | 7.1% |
| 12 | LSMA 100 Trend ✓ | Weekly | 12.6% | 0.49 | -68.0% | 38.8% | 49 | 8.0% |
| 13 | Hull MA 20/80 Cross ✓ | Weekly | 12.8% | 0.49 | -92.6% | 53.3% | 30 | 8.2% |
| 14 | EMA 20/50 Cross ✓ | Daily | 12.0% | 0.48 | -72.3% | 41.5% | 65 | 7.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Ciena (CIEN), Chande Forecast Osc. on the weekly 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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