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The best indicator for FactSet (FDS)

We backtested 366 indicators across daily, weekly and hourly charts on real FactSet (FDS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling LONG right now — Stochastic Slow (21,5) (Weekly) has been long for 9 bars, as of 2026-06-08.
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Momentum · Weekly

Stochastic Slow (21,5)

On the weekly chart, this is the strongest risk-adjusted edge we found for FactSet (FDS) over ~30.1 years — trailing buy-and-hold by 1.5% CAGR.

13.9%
CAGR
0.68
Sharpe
-50.6%
Max DD
53.8%
Win rate
2.22
Profit factor
-1.5%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

StochasticDeMarker

Going long only when all 2 agree was the strongest confluence setup we found for FactSet (FDS) — trailing buy-and-hold by 9.0% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

6.6%
CAGR
0.45
Sharpe
72.3%
Win rate
119
Trades
-9.0%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
Stochastic Slow (21,5)
-1.5% · Sharpe 0.68
Daily
Williams %R (28)
-2.1% · Sharpe 0.65
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Stochastic Slow (21,5) Weekly13.9%0.68-50.6%53.8%106-1.5%
2Williams %R (28) Daily13.4%0.65-53.5%42.1%299-2.1%
3FRAMA 100 Trend Daily13.2%0.65-46.6%43.3%623-2.4%
4Gann HiLo Activator Daily12.8%0.64-42.6%41.1%559-2.7%
5Stochastic (20,5) Weekly13.0%0.64-52.2%55.3%103-2.4%
6WaveTrend (8/6/4) Weekly12.3%0.63-58.4%88.9%27-3.2%
7Intraday Momentum Index Weekly10.6%0.62-58.4%95.5%22-4.8%
8McGinley Dynamic Daily13.0%0.61-38.5%39.8%357-2.5%
9KDJ Weekly11.7%0.61-47.6%54.3%138-3.7%
10Chandelier Exit Daily12.7%0.59-54.6%43.9%289-2.8%
11Chande-Kroll Stop (fast) Daily13.4%0.59-45.7%40.3%539-2.2%
12DEMA 30 Trend Daily11.0%0.59-48.2%42.3%508-4.5%
13FRAMA 200 Trend Daily11.4%0.59-50.3%43.7%568-4.1%
14Stochastic Momentum Index Weekly9.8%0.59-33.8%87.1%31-5.6%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For FactSet (FDS), Stochastic Slow (21,5) on the weekly 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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