The best indicator for HDFC Bank
We backtested 382 indicators across daily, weekly and hourly charts on real HDFC Bank history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
CCI Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for HDFC Bank over ~25.0 years — trailing buy-and-hold by 2.3% CAGR.
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 | CCI Trend ✓ | Weekly | 13.8% | 0.68 | -42.8% | 46.4% | 56 | -2.3% |
| 2 | QQE ✓ | Weekly | 17.5% | 0.67 | -56.7% | 46.7% | 75 | 1.3% |
| 3 | HMA 9/21 Cross ✓ | Weekly | 13.0% | 0.65 | -34.9% | 50.6% | 79 | -3.2% |
| 4 | Ehlers Roofing Filter ✓ | Daily | 13.8% | 0.64 | -45.4% | 55.2% | 105 | -2.5% |
| 5 | T3 8/21 Cross ✓ | Daily | 13.5% | 0.63 | -49.6% | 50.4% | 119 | -2.7% |
| 6 | Ichimoku Cloud ✓ | Weekly | 12.8% | 0.63 | -45.3% | 44.4% | 36 | -3.3% |
| 7 | Ehlers Cyber Cycle ✓ | Weekly | 12.7% | 0.63 | -39.4% | 50.8% | 132 | -3.5% |
| 8 | Chande Forecast Osc. ✓ | Weekly | 11.9% | 0.61 | -39.7% | 50.7% | 148 | -4.2% |
| 9 | ROC (30) ✓ | Weekly | 12.6% | 0.61 | -52.4% | 64.2% | 53 | -3.5% |
| 10 | CMO (30) ✓ | Weekly | 12.6% | 0.61 | -52.4% | 64.2% | 53 | -3.5% |
| 11 | Momentum (30) ✓ | Weekly | 12.6% | 0.61 | -52.4% | 64.2% | 53 | -3.5% |
| 12 | Cascade Z-Score ✓ | Weekly | 11.3% | 0.61 | -47.8% | 46.2% | 39 | -4.9% |
| 13 | Money Flow Index ✓ | Daily | 10.1% | 0.6 | -36.7% | 92.0% | 25 | -6.1% |
| 14 | SMA 10/40 Cross ✓ | Weekly | 12.1% | 0.6 | -50.6% | 55.0% | 20 | -4.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For HDFC Bank, CCI Trend 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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