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.
Where Robinhood Markets (HOOD) 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 Robinhood Markets (HOOD) over ~4.9 years — beating buy-and-hold by 47.1% CAGR.
Robinhood Markets (HOOD) 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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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.
What it would take to beat buy & hold on Robinhood Markets (HOOD)
23 of 268 tested setups beat buy-and-hold on Robinhood Markets (HOOD) outright. Another 109 could get there with leverage they would survive — but 101 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Williams %R | 1 | none needed | 3.46× |
| Chande Momentum Osc. | 1 | none needed | 2.8× |
| Balance of Power | 1 | none needed | 2.99× |
| Accumulation/Distribution | 1 | none needed | 2.31× |
| Kaufman Adaptive MA | 1 | none needed | 2.19× |
| VIDYA | 1 | none needed | 2.46× |
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 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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