The best indicator for Germany (EWG)
We backtested 382 indicators across daily, weekly and hourly charts on real Germany (EWG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams Fractals
On the weekly chart, this is the strongest risk-adjusted edge we found for Germany (EWG) over ~30.3 years — beating buy-and-hold by 2.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Germany (EWG) — trailing buy-and-hold by 5.4% 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 | Williams Fractals ✓ | Weekly | 9.1% | 0.66 | -27.6% | 62.1% | 29 | 2.8% |
| 2 | Donchian 10 Break ✓ | Weekly | 7.8% | 0.58 | -29.5% | 57.1% | 28 | 1.6% |
| 3 | SMA 20/80 Cross ✓ | Daily | 7.2% | 0.52 | -36.8% | 48.2% | 56 | 0.9% |
| 4 | Trend Intensity Index ✓ | Daily | 7.0% | 0.51 | -35.7% | 47.8% | 46 | 0.7% |
| 5 | LSMA 200 Trend ✓ | Daily | 5.8% | 0.51 | -28.2% | 45.4% | 183 | -0.5% |
| 6 | Aroon ✓ | Weekly | 6.6% | 0.51 | -42.7% | 67.4% | 43 | 0.4% |
| 7 | Aroon Oscillator ✓ | Weekly | 6.6% | 0.51 | -42.7% | 67.4% | 43 | 0.4% |
| 8 | WMA 10/30 Cross ✓ | Weekly | 6.8% | 0.5 | -31.2% | 54.8% | 31 | 0.6% |
| 9 | ZLEMA 200 Trend ✓ | Weekly | 5.4% | 0.5 | -27.8% | 45.8% | 24 | -0.9% |
| 10 | Hull MA 20/80 Cross ✓ | Weekly | 6.6% | 0.5 | -44.1% | 52.9% | 34 | 0.4% |
| 11 | SMA 20/50 Cross ✓ | Daily | 6.8% | 0.49 | -33.4% | 48.8% | 84 | 0.5% |
| 12 | McGinley Dynamic ✓ | Weekly | 7.3% | 0.49 | -49.0% | 40.0% | 65 | 1.0% |
| 13 | Relative Momentum Index ✓ | Weekly | 6.5% | 0.49 | -39.7% | 42.9% | 28 | 0.3% |
| 14 | Gator Oscillator ✓ | Weekly | 3.6% | 0.49 | -13.5% | 57.5% | 106 | -2.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Germany (EWG), Williams Fractals 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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