The best indicator for Consolidated Edison (ED)
We backtested 366 indicators across daily, weekly and hourly charts on real Consolidated Edison (ED) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
McGinley 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Consolidated Edison (ED) over ~64.3 years — beating buy-and-hold by 1.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Consolidated Edison (ED) — trailing buy-and-hold by 2.9% 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 | McGinley 100 Trend ✓ | Daily | 11.3% | 0.69 | -49.4% | 26.7% | 60 | 1.3% |
| 2 | McGinley 200 Trend ✓ | Daily | 11.2% | 0.69 | -49.4% | 33.3% | 51 | 1.3% |
| 3 | McGinley 100 Trend ✓ | Weekly | 10.9% | 0.68 | -48.2% | 35.3% | 17 | 1.0% |
| 4 | EMA 20/50 Cross ✓ | Weekly | 9.4% | 0.66 | -30.6% | 60.0% | 25 | -0.5% |
| 5 | SMA 20/50 Cross ✓ | Weekly | 9.0% | 0.66 | -35.1% | 63.3% | 30 | -0.9% |
| 6 | EMA 15/60 Cross ✓ | Weekly | 9.3% | 0.66 | -32.6% | 54.2% | 24 | -0.7% |
| 7 | SMA 15/60 Cross ✓ | Weekly | 9.2% | 0.66 | -27.4% | 70.8% | 24 | -0.7% |
| 8 | Trend Intensity Index ✓ | Weekly | 9.0% | 0.65 | -31.8% | 75.0% | 16 | -0.9% |
| 9 | McGinley 30 Trend ✓ | Weekly | 10.4% | 0.65 | -55.3% | 29.0% | 31 | 0.5% |
| 10 | McGinley 200 Trend ✓ | Weekly | 10.3% | 0.65 | -49.9% | 25.9% | 27 | 0.4% |
| 11 | SMA 20/80 Cross ✓ | Weekly | 9.1% | 0.65 | -32.8% | 73.7% | 19 | -0.8% |
| 12 | WMA 20/80 Cross ✓ | Weekly | 8.9% | 0.65 | -28.3% | 69.2% | 26 | -1.1% |
| 13 | TRIX (21) ✓ | Weekly | 9.1% | 0.65 | -27.8% | 68.4% | 19 | -0.9% |
| 14 | VIDYA 200 Trend ✓ | Daily | 9.6% | 0.63 | -51.5% | 27.7% | 47 | -0.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Consolidated Edison (ED), McGinley 100 Trend 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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