The best indicator for Global Payments (GPN)
We backtested 366 indicators across daily, weekly and hourly charts on real Global Payments (GPN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Connors RSI-2
On the daily chart, this is the strongest risk-adjusted edge we found for Global Payments (GPN) over ~25.3 years — trailing buy-and-hold by 3.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Global Payments (GPN) — trailing buy-and-hold by 9.6% 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 | Connors RSI-2 ✓ | Daily | 9.3% | 0.55 | -36.1% | 68.6% | 283 | -3.1% |
| 2 | Connors RSI ✓ | Daily | 9.7% | 0.55 | -40.5% | 67.0% | 297 | -2.7% |
| 3 | Williams Fractals ✓ | Weekly | 9.9% | 0.54 | -50.7% | 52.0% | 25 | -1.8% |
| 4 | Stochastic ✓ | Daily | 8.8% | 0.5 | -48.7% | 69.3% | 114 | -3.6% |
| 5 | STARC Bands | Weekly | 5.9% | 0.5 | -29.5% | 52.4% | 21 | -5.8% |
| 6 | Bandpass Oscillator ✓ | Weekly | 8.5% | 0.49 | -54.6% | 53.3% | 60 | -3.3% |
| 7 | Camarilla Pivots ✓ | Weekly | 8.8% | 0.49 | -40.5% | 60.5% | 248 | -2.9% |
| 8 | Projection Bands ✓ | Daily | 8.4% | 0.48 | -46.0% | 67.6% | 222 | -4.0% |
| 9 | Relative Momentum Index | Weekly | 8.9% | 0.48 | -56.7% | 52.2% | 23 | -2.9% |
| 10 | Fibonacci Pivots ✓ | Weekly | 8.4% | 0.48 | -51.7% | 65.1% | 192 | -3.4% |
| 11 | Intraday Momentum Index ✓ | Daily | 8.1% | 0.47 | -50.0% | 76.6% | 64 | -4.3% |
| 12 | MA Envelope ✓ | Daily | 8.3% | 0.47 | -46.5% | 69.8% | 172 | -4.1% |
| 13 | McGinley 10/30 Cross | Daily | 8.6% | 0.46 | -70.9% | 37.5% | 48 | -3.8% |
| 14 | Adaptive Supertrend | Weekly | 7.8% | 0.45 | -69.2% | 40.5% | 37 | -3.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Global Payments (GPN), Connors RSI-2 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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