The best indicator for Fortinet (FTNT)
We backtested 382 indicators across daily, weekly and hourly charts on real Fortinet (FTNT) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Fortinet (FTNT) 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.
Markov Regime (Confirmed)
On the weekly chart, this is the strongest risk-adjusted edge we found for Fortinet (FTNT) over ~16.6 years — trailing buy-and-hold by 5.1% CAGR.
Fortinet (FTNT) 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 Fortinet (FTNT) — trailing buy-and-hold by 23.9% 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 | Markov Regime (Confirmed) ✓ | Weekly | 25.6% | 0.97 | -37.8% | 62.1% | 66 | -5.1% |
| 2 | Pring's Special K ✓ | Weekly | 18.3% | 0.93 | -24.3% | 53.8% | 39 | -12.4% |
| 3 | Bandpass Oscillator ✓ | Weekly | 26.1% | 0.9 | -52.3% | 50.0% | 40 | -4.6% |
| 4 | Chande Momentum Osc. ✓ | Weekly | 23.4% | 0.85 | -51.1% | 40.0% | 55 | -7.2% |
| 5 | McGinley 200 Trend ✓ | Daily | 28.1% | 0.81 | -51.2% | 13.3% | 15 | -2.9% |
| 6 | Connors RSI-2 ✓ | Daily | 16.6% | 0.79 | -33.9% | 69.4% | 180 | -14.5% |
| 7 | Markov Regime ✓ | Weekly | 23.2% | 0.79 | -36.0% | 50.0% | 18 | -7.5% |
| 8 | McGinley 100 Trend ✓ | Daily | 26.8% | 0.78 | -50.4% | 22.2% | 18 | -4.2% |
| 9 | MACD ✓ | Weekly | 18.8% | 0.78 | -47.8% | 43.3% | 30 | -11.9% |
| 10 | Stochastic Momentum Index ✓ | Weekly | 16.0% | 0.78 | -31.7% | 88.2% | 17 | -14.7% |
| 11 | Three White Soldiers ✓ | Weekly | 18.9% | 0.78 | -37.6% | 70.6% | 51 | -11.8% |
| 12 | WaveTrend (8/6/4) ✓ | Weekly | 18.4% | 0.83 | -34.3% | 92.9% | 14 | -12.3% |
| 13 | WMA 10/30 Cross ✓ | Daily | 20.8% | 0.77 | -59.9% | 43.2% | 88 | -10.3% |
| 14 | TRIX (15) ✓ | Daily | 21.0% | 0.77 | -62.4% | 42.2% | 45 | -10.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Fortinet (FTNT)
6 of 591 tested setups beat buy-and-hold on Fortinet (FTNT) outright. Another 94 could get there with leverage they would survive — but 285 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Markov Regime (Confirmed) | 2 | none needed | 3.07× |
| Relative Volatility Index | 1 | none needed | 2.64× |
| Ehlers Reflex | 1 | none needed | 4.48× |
| Pivot Points (Standard) | 1 | none needed | 3.82× |
| SMC: Liquidity Sweep | 1 | none needed | 3.92× |
| Connors RSI-2 | — | 1.1× | 5.4× |
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 Fortinet (FTNT), Markov Regime (Confirmed) 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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