The best indicator for Robinhood Markets (HOOD)
We backtested 382 indicators across daily, weekly and hourly charts on real Robinhood Markets (HOOD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
QQE
On the weekly chart, this is the strongest risk-adjusted edge we found for Robinhood Markets (HOOD) over ~4.9 years — beating buy-and-hold by 47.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Robinhood Markets (HOOD) — beating buy-and-hold by 13.9% 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 | QQE ✓ | Weekly | 66.2% | 1.18 | -47.5% | 53.3% | 15 | 47.1% |
| 2 | DEMA 200 Trend ✓ | Daily | 46.5% | 1.16 | -39.5% | 42.1% | 19 | 27.0% |
| 3 | Advance Trend Pressure ✓ | Daily | 50.1% | 1.1 | -46.5% | 50.6% | 77 | 30.5% |
| 4 | TEMA 100 Trend ✓ | Daily | 38.5% | 1.08 | -30.5% | 39.4% | 33 | 18.9% |
| 5 | ROC (5) ✓ | Weekly | 43.2% | 1.02 | -40.6% | 45.0% | 20 | 24.1% |
| 6 | WMA 200 Trend ✓ | Daily | 44.3% | 1.04 | -53.7% | 41.2% | 17 | 24.8% |
| 7 | Klinger Oscillator ✓ | Weekly | 37.3% | 1.01 | -29.2% | 46.7% | 15 | 18.3% |
| 8 | ZLEMA 30 Trend ✓ | Weekly | 41.8% | 1.01 | -45.2% | 52.9% | 17 | 22.7% |
| 9 | DeMarker (21) ✓ | Daily | 43.8% | 1.03 | -47.5% | 40.0% | 40 | 24.3% |
| 10 | CMO (21) ✓ | Daily | 42.7% | 1.02 | -47.1% | 42.3% | 52 | 23.2% |
| 11 | G-Channel ✓ | Daily | 44.3% | 0.98 | -52.5% | 39.3% | 28 | 24.8% |
| 12 | SMA 200 Trend ✓ | Daily | 50.6% | 1.12 | -47.7% | 38.5% | 13 | 31.1% |
| 13 | Balance of Power ✓ | Daily | 44.6% | 0.97 | -49.2% | 43.9% | 66 | 25.1% |
| 14 | Kaufman Adaptive MA ✓ | Daily | 48.3% | 0.97 | -66.5% | 41.2% | 68 | 28.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Robinhood Markets (HOOD), 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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