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 over the full backtest, with costs, and checked out-of-sample.
Where HDFC Bank 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.
QQE
On the weekly chart, this is the strongest risk-adjusted edge we found for HDFC Bank over ~25.3 years — beating buy-and-hold by 2.3% CAGR.
HDFC Bank 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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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 | QQE ✓ | Weekly | 17.7% | 0.68 | -56.7% | 44.0% | 75 | 2.3% |
| 2 | HMA 9/21 Cross ✓ | Weekly | 12.8% | 0.65 | -34.9% | 48.8% | 80 | -2.6% |
| 3 | CCI Trend ✓ | Weekly | 12.2% | 0.62 | -47.5% | 46.6% | 58 | -3.1% |
| 4 | Ehlers Roofing Filter ✓ | Daily | 13.1% | 0.61 | -45.4% | 54.7% | 106 | -2.4% |
| 5 | Ichimoku Cloud ✓ | Weekly | 12.5% | 0.61 | -45.3% | 43.2% | 37 | -2.9% |
| 6 | Ehlers Cyber Cycle ✓ | Weekly | 12.2% | 0.61 | -43.0% | 50.4% | 133 | -3.2% |
| 7 | ROC (30) ✓ | Weekly | 12.4% | 0.61 | -52.4% | 64.2% | 53 | -2.9% |
| 8 | CMO (30) ✓ | Weekly | 12.4% | 0.61 | -52.4% | 64.2% | 53 | -2.9% |
| 9 | Momentum (30) ✓ | Weekly | 12.4% | 0.61 | -52.4% | 64.2% | 53 | -2.9% |
| 10 | T3 8/21 Cross ✓ | Daily | 12.8% | 0.6 | -49.6% | 49.2% | 120 | -2.7% |
| 11 | SMA 10/40 Cross ✓ | Weekly | 12.0% | 0.6 | -50.6% | 55.0% | 20 | -3.4% |
| 12 | CCI (30) | Weekly | 11.7% | 0.6 | -42.2% | 39.6% | 48 | -3.7% |
| 13 | HLC Trend | Weekly | 11.7% | 0.6 | -46.2% | 45.3% | 75 | -3.7% |
| 14 | Cascade Z-Score ✓ | Weekly | 10.9% | 0.6 | -49.7% | 48.7% | 39 | -4.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on HDFC Bank
262 of 654 tested setups beat buy-and-hold on HDFC Bank outright. Another 41 could get there with leverage they would survive — but 22 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| MACD | 2 | none needed | 3.2× |
| Hull MA Trend | 2 | none needed | 3.01× |
| Aroon | 2 | none needed | 2.22× |
| Vortex | 2 | none needed | 2.5× |
| Percentage Price Osc. | 2 | none needed | 2.99× |
| CCI Trend | 2 | none needed | 2.53× |
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 HDFC Bank, QQE on the weekly 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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