The best indicator for Consolidated Edison (ED)
We backtested 382 indicators across daily, weekly and hourly charts on real Consolidated Edison (ED) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Consolidated Edison (ED) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
McGinley 100 Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for Consolidated Edison (ED) over ~65.0 years — beating buy-and-hold by 1.1% CAGR.
Consolidated Edison (ED) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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 ✓ | Weekly | 11.0% | 0.7 | -48.2% | 35.3% | 17 | 1.1% |
| 2 | Trendlines with Breaks ✓ | Weekly | 9.0% | 0.7 | -28.3% | 80.0% | 20 | -0.8% |
| 3 | McGinley 100 Trend ✓ | Daily | 11.2% | 0.69 | -49.4% | 26.7% | 60 | 1.3% |
| 4 | McGinley 200 Trend ✓ | Daily | 11.2% | 0.69 | -49.4% | 33.3% | 51 | 1.3% |
| 5 | EMA 20/50 Cross ✓ | Weekly | 9.5% | 0.69 | -26.2% | 60.9% | 23 | -0.3% |
| 6 | McGinley 30 Trend ✓ | Weekly | 10.5% | 0.68 | -50.3% | 24.1% | 29 | 0.7% |
| 7 | SMA 15/60 Cross ✓ | Weekly | 9.1% | 0.68 | -25.8% | 66.7% | 24 | -0.7% |
| 8 | McGinley 200 Trend ✓ | Weekly | 10.3% | 0.67 | -48.7% | 25.9% | 27 | 0.4% |
| 9 | EMA 15/60 Cross ✓ | Weekly | 9.2% | 0.67 | -32.6% | 56.0% | 25 | -0.7% |
| 10 | SMA 20/80 Cross ✓ | Weekly | 9.0% | 0.67 | -31.6% | 73.7% | 19 | -0.8% |
| 11 | WMA 20/80 Cross ✓ | Weekly | 8.8% | 0.67 | -25.6% | 69.2% | 26 | -1.0% |
| 12 | TRIX (21) ✓ | Weekly | 9.0% | 0.67 | -27.8% | 68.4% | 19 | -0.8% |
| 13 | SMA 20/50 Cross ✓ | Weekly | 8.8% | 0.66 | -34.8% | 64.5% | 31 | -1.0% |
| 14 | Trend Intensity Index ✓ | Weekly | 9.0% | 0.66 | -31.9% | 75.0% | 16 | -0.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Consolidated Edison (ED)
1 of 727 tested setups beat buy-and-hold on Consolidated Edison (ED) outright. Another 161 could get there with leverage they would survive — but 326 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Projection Bands | 1 | none needed | 6.4× |
| Zero-Lag MACD | — | 1.13× | 3.38× |
| Murrey Math Lines | — | 1.22× | 7.01× |
| QQE | — | 1.3× | 2.77× |
| WaveTrend (8/6/4) | — | 1.62× | 3.76× |
| MA Envelope | — | 1.63× | 5.17× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For Consolidated Edison (ED), McGinley 100 Trend 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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