The best indicator for Brazil (EWZ)
We backtested 382 indicators across daily, weekly and hourly charts on real Brazil (EWZ) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Hull MA 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Brazil (EWZ) over ~25.8 years — beating buy-and-hold by 6.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Brazil (EWZ) — beating buy-and-hold by 1.1% 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 | Hull MA 100 Trend ✓ | Daily | 12.5% | 0.7 | -33.9% | 48.1% | 183 | 6.3% |
| 2 | Fractal Adaptive MA ✓ | Weekly | 11.6% | 0.65 | -31.8% | 53.1% | 147 | 5.4% |
| 3 | Jurik MA (approx.) ✓ | Weekly | 11.8% | 0.64 | -50.3% | 56.9% | 116 | 5.7% |
| 4 | T3 10/40 Cross ✓ | Daily | 12.9% | 0.63 | -41.1% | 54.2% | 72 | 6.7% |
| 5 | T3 (Tillson) ✓ | Weekly | 12.4% | 0.63 | -48.1% | 54.1% | 85 | 6.2% |
| 6 | Balance of Power ✓ | Weekly | 12.4% | 0.62 | -50.1% | 50.9% | 57 | 6.3% |
| 7 | Delta Volume (CVD proxy) ✓ | Weekly | 13.0% | 0.62 | -51.0% | 45.9% | 61 | 6.8% |
| 8 | True Strength Index ✓ | Weekly | 11.6% | 0.61 | -35.6% | 53.2% | 47 | 5.4% |
| 9 | Stochastic Slow (21,5) ✓ | Weekly | 12.1% | 0.61 | -42.9% | 49.4% | 87 | 5.9% |
| 10 | Vortex (7) ✓ | Weekly | 11.8% | 0.61 | -36.6% | 57.5% | 87 | 5.6% |
| 11 | DEMA 10/30 Cross ✓ | Weekly | 11.4% | 0.6 | -53.8% | 52.6% | 38 | 5.3% |
| 12 | TRIX (15) ✓ | Daily | 11.4% | 0.58 | -47.9% | 57.5% | 73 | 5.2% |
| 13 | Ease of Movement ✓ | Weekly | 11.1% | 0.58 | -44.2% | 46.2% | 52 | 5.0% |
| 14 | DEMA 20/50 Cross ✓ | Daily | 11.6% | 0.57 | -47.6% | 58.8% | 97 | 5.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Brazil (EWZ), Hull MA 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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