The best indicator for Fortive (FTV)
We backtested 366 indicators across daily, weekly and hourly charts on real Fortive (FTV) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Holy Grail Confluence
On the daily chart, this is the strongest risk-adjusted edge we found for Fortive (FTV) over ~9.9 years — trailing buy-and-hold by 0.0% CAGR.
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 | 7.7% | 0.55 | -41.7% | 80.0% | 15 | 0.0% |
| 2 | Stochastic Momentum Index ✓ | Daily | 7.6% | 0.54 | -41.7% | 84.1% | 44 | -0.1% |
| 3 | DeMarker ✓ | Daily | 7.0% | 0.45 | -52.4% | 72.7% | 33 | -0.6% |
| 4 | Stochastic RSI ✓ | Weekly | 4.9% | 0.44 | -20.3% | 80.0% | 15 | -2.4% |
| 5 | Laguerre RSI ✓ | Daily | 5.1% | 0.43 | -29.5% | 64.9% | 77 | -2.6% |
| 6 | DeMarker (14) ✓ | Weekly | 6.1% | 0.43 | -27.9% | 44.4% | 18 | -1.2% |
| 7 | Stochastic (10,3) ✓ | Weekly | 6.1% | 0.42 | -47.9% | 57.8% | 64 | -1.2% |
| 8 | SMC: Liquidity Sweep ✓ | Daily | 6.4% | 0.41 | -52.6% | 65.6% | 32 | -1.3% |
| 9 | VWAP Bands ✓ | Weekly | 9.4% | 0.67 | -23.8% | 88.9% | 9 | 2.1% |
| 10 | Chandelier Exit ✓ | Weekly | 6.2% | 0.4 | -34.6% | 56.2% | 16 | -1.1% |
| 11 | Stochastic Fast (5,3) ✓ | Weekly | 5.6% | 0.4 | -42.5% | 54.7% | 64 | -1.7% |
| 12 | Chande-Kroll Stop (fast) ✓ | Weekly | 6.5% | 0.4 | -31.0% | 44.8% | 29 | -0.8% |
| 13 | Connors RSI-2 ✓ | Daily | 5.2% | 0.39 | -40.2% | 60.5% | 119 | -2.5% |
| 14 | ROC (20) ✓ | Daily | 5.4% | 0.39 | -37.2% | 41.3% | 121 | -2.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Fortive (FTV), Holy Grail Confluence 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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