The best indicator for Fastenal (FAST)
We backtested 366 indicators across daily, weekly and hourly charts on real Fastenal (FAST) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Intraday Momentum Index
On the daily chart, this is the strongest risk-adjusted edge we found for Fastenal (FAST) over ~38.8 years — trailing buy-and-hold by 5.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Fastenal (FAST) — trailing buy-and-hold by 14.7% 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 | Intraday Momentum Index ✓ | Daily | 16.8% | 0.79 | -34.2% | 72.5% | 109 | -5.6% |
| 2 | Demand Index ✓ | Weekly | 15.8% | 0.72 | -46.2% | 81.5% | 92 | -6.4% |
| 3 | Money Flow Index ✓ | Daily | 14.3% | 0.7 | -45.9% | 82.5% | 57 | -8.0% |
| 4 | QQE ✓ | Weekly | 18.4% | 0.68 | -56.6% | 57.3% | 117 | -3.9% |
| 5 | Chande-Kroll Stop (fast) ✓ | Daily | 16.8% | 0.67 | -63.1% | 41.1% | 662 | -5.6% |
| 6 | CCI ✓ | Daily | 13.0% | 0.66 | -54.3% | 69.7% | 185 | -9.3% |
| 7 | WaveTrend (8/6/4) ✓ | Daily | 14.3% | 0.65 | -57.6% | 73.1% | 145 | -8.0% |
| 8 | QQE ✓ | Daily | 17.5% | 0.65 | -70.4% | 46.7% | 580 | -4.8% |
| 9 | SMC: Liquidity Sweep ✓ | Daily | 13.6% | 0.64 | -52.0% | 75.8% | 132 | -8.7% |
| 10 | CCI ✓ | Weekly | 10.7% | 0.62 | -39.6% | 94.4% | 36 | -11.5% |
| 11 | Pivot Points (Standard) ✓ | Weekly | 10.9% | 0.62 | -45.9% | 58.7% | 276 | -11.4% |
| 12 | Markov Regime ✓ | Daily | 15.1% | 0.61 | -63.4% | 66.8% | 205 | -7.3% |
| 13 | Murrey Math Lines ✓ | Daily | 11.0% | 0.6 | -51.8% | 81.4% | 97 | -11.3% |
| 14 | MA Envelope ✓ | Weekly | 11.1% | 0.6 | -51.0% | 77.8% | 90 | -11.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Fastenal (FAST), Intraday Momentum Index on the daily timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — 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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