The best indicator for Taiwan (EWT)
We backtested 382 indicators across daily, weekly and hourly charts on real Taiwan (EWT) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Taiwan (EWT) 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.
TEMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for Taiwan (EWT) over ~26.4 years — beating buy-and-hold by 2.3% CAGR.
Taiwan (EWT) 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 Taiwan (EWT) — trailing buy-and-hold by 2.8% 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 | TEMA 20/50 Cross ✓ | Weekly | 10.0% | 0.73 | -34.5% | 62.5% | 24 | 2.3% |
| 2 | DEMA 10/30 Cross ✓ | Weekly | 10.0% | 0.66 | -29.5% | 62.9% | 35 | 2.4% |
| 3 | Hull MA 20/80 Cross ✓ | Weekly | 8.8% | 0.61 | -34.3% | 57.1% | 28 | 1.2% |
| 4 | Ease of Movement ✓ | Weekly | 8.9% | 0.6 | -33.1% | 55.7% | 61 | 1.2% |
| 5 | WMA 10/40 Cross ✓ | Weekly | 9.1% | 0.59 | -27.0% | 64.0% | 25 | 1.4% |
| 6 | T3 20/80 Cross ✓ | Daily | 8.9% | 0.58 | -23.2% | 52.5% | 40 | 1.1% |
| 7 | TRIX ✓ | Weekly | 8.4% | 0.58 | -41.0% | 54.5% | 33 | 0.8% |
| 8 | McGinley Dynamic ✓ | Weekly | 9.8% | 0.58 | -40.9% | 32.7% | 49 | 2.2% |
| 9 | MAMA / FAMA ✓ | Weekly | 8.7% | 0.57 | -26.0% | 70.4% | 27 | 1.0% |
| 10 | TRIX (9) ✓ | Weekly | 8.8% | 0.57 | -28.4% | 63.6% | 22 | 1.2% |
| 11 | Price Volume Trend ✓ | Weekly | 8.7% | 0.56 | -24.6% | 45.0% | 80 | 1.0% |
| 12 | Instantaneous Trendline ✓ | Weekly | 8.5% | 0.56 | -27.3% | 52.5% | 59 | 0.9% |
| 13 | Andean Oscillator ✓ | Weekly | 7.7% | 0.56 | -30.5% | 43.3% | 30 | 0.0% |
| 14 | WMA 10/30 Cross ✓ | Weekly | 8.3% | 0.55 | -30.3% | 64.3% | 28 | 0.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Taiwan (EWT)
0 of 642 tested setups beat buy-and-hold on Taiwan (EWT) outright. Another 486 could get there with leverage they would survive — but 129 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | — | 1.68× | 3.62× |
| Trend Regularity Adaptive MA | — | 1.18× | 4.39× |
| Coppock (fast) | — | 1.22× | 4.13× |
| QQE | — | 1.26× | 2.6× |
| G-Channel | — | 1.29× | 4.08× |
| TSI (13,7) | — | 1.31× | 3.73× |
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 Taiwan (EWT), TEMA 20/50 Cross 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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