The best indicator for Fortive (FTV)
We backtested 382 indicators across daily, weekly and hourly charts on real Fortive (FTV) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Fortive (FTV) 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.
Holy Grail Confluence
On the daily chart, this is the strongest risk-adjusted edge we found for Fortive (FTV) over ~10.2 years — beating buy-and-hold by 0.8% CAGR.
Fortive (FTV) on the daily 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 Fortive (FTV) — trailing buy-and-hold by 3.7% 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 | Holy Grail Confluence ✓ | Daily | 7.2% | 0.53 | -41.7% | 75.0% | 16 | 0.8% |
| 2 | Stochastic Momentum Index ✓ | Daily | 7.4% | 0.53 | -41.7% | 82.2% | 45 | 1.0% |
| 3 | Stochastic RSI ✓ | Weekly | 4.9% | 0.45 | -20.3% | 80.0% | 15 | -1.0% |
| 4 | DeMarker ✓ | Daily | 6.8% | 0.44 | -52.4% | 70.6% | 34 | 0.4% |
| 5 | Inside-Bar Breakout ✓ | Weekly | 4.0% | 0.54 | -11.0% | 75.0% | 12 | -1.9% |
| 6 | VWAP Bands ✓ | Weekly | 8.6% | 0.63 | -23.8% | 90.0% | 10 | 2.7% |
| 7 | Laguerre RSI ✓ | Daily | 4.8% | 0.41 | -29.5% | 63.3% | 79 | -1.6% |
| 8 | Stochastic (10,3) ✓ | Weekly | 5.7% | 0.4 | -47.9% | 58.2% | 67 | -0.3% |
| 9 | DeMarker (14) ✓ | Weekly | 5.1% | 0.38 | -27.9% | 44.4% | 18 | -0.8% |
| 10 | SMA 20/50 Cross ✓ | Daily | 4.9% | 0.37 | -36.3% | 53.6% | 28 | -1.5% |
| 11 | Stochastic Fast (5,3) ✓ | Weekly | 4.9% | 0.37 | -42.5% | 54.4% | 68 | -1.0% |
| 12 | SMC: Liquidity Sweep ✓ | Daily | 5.4% | 0.36 | -53.0% | 60.6% | 33 | -1.0% |
| 13 | Chande-Kroll Stop (fast) | Weekly | 5.5% | 0.36 | -31.0% | 41.4% | 29 | -0.4% |
| 14 | Connors RSI-2 | Daily | 4.5% | 0.35 | -40.2% | 60.3% | 121 | -1.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Fortive (FTV)
70 of 489 tested setups beat buy-and-hold on Fortive (FTV) outright. Another 119 could get there with leverage they would survive — but 63 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Fisher Transform | 2 | none needed | 5.91× |
| Relative Vigor Index | 2 | none needed | 7.36× |
| Ehlers Relative Vigor | 2 | none needed | 5.99× |
| HMA 9/21 Cross | 1 | 1.24× | 6.17× |
| Jurik MA (approx.) | 1 | 1.45× | 5.81× |
| ROC (5) | 1 | 1.48× | 7.15× |
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 Fortive (FTV), Holy Grail Confluence 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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