The best indicator for HSBC
We backtested 382 indicators across daily, weekly and hourly charts on real HSBC history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where HSBC 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.
Ehlers Stochastic
On the weekly chart, this is the strongest risk-adjusted edge we found for HSBC over ~27.3 years — beating buy-and-hold by 2.4% CAGR.
HSBC 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.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
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 | Ehlers Stochastic ✓ | Weekly | 9.3% | 0.63 | -41.2% | 55.2% | 29 | 2.4% |
| 2 | TRIMA 100 Trend ✓ | Weekly | 7.7% | 0.63 | -24.3% | 60.0% | 15 | 0.8% |
| 3 | ALMA 200 Trend ✓ | Weekly | 7.6% | 0.61 | -31.5% | 47.1% | 17 | 0.6% |
| 4 | Hull MA 20/80 Cross ✓ | Weekly | 8.8% | 0.61 | -40.7% | 51.9% | 27 | 1.9% |
| 5 | WMA 10/30 Cross ✓ | Weekly | 8.8% | 0.6 | -43.7% | 51.9% | 27 | 1.9% |
| 6 | Coral Trend ✓ | Weekly | 8.3% | 0.56 | -44.0% | 46.4% | 28 | 1.3% |
| 7 | Hull MA 200 Trend ✓ | Weekly | 6.8% | 0.56 | -39.9% | 52.6% | 19 | -0.1% |
| 8 | SMA 10/30 Cross ✓ | Weekly | 7.8% | 0.55 | -34.1% | 58.3% | 24 | 0.8% |
| 9 | Ichimoku TK Cross ✓ | Weekly | 7.8% | 0.55 | -37.3% | 62.1% | 29 | 0.9% |
| 10 | Ease of Movement ✓ | Weekly | 8.3% | 0.55 | -34.0% | 45.6% | 68 | 1.4% |
| 11 | DeMarker (14) ✓ | Weekly | 8.1% | 0.55 | -40.3% | 54.1% | 61 | 1.2% |
| 12 | On-Balance Volume ✓ | Weekly | 8.5% | 0.54 | -50.3% | 49.5% | 91 | 1.6% |
| 13 | Hull Suite ✓ | Weekly | 7.8% | 0.54 | -34.1% | 51.6% | 31 | 0.9% |
| 14 | Ehlers TrendFlex ✓ | Weekly | 7.7% | 0.54 | -39.2% | 46.2% | 26 | 0.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on HSBC
46 of 634 tested setups beat buy-and-hold on HSBC outright. Another 354 could get there with leverage they would survive — but 173 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Disparity (50) | 1 | 1.04× | 3.35× |
| SMC: Order Block | 1 | 1.07× | 3.34× |
| QQE | 1 | 1.12× | 1.78× |
| RSI (25) | 1 | 1.12× | 3.04× |
| RSI (30) | 1 | 1.17× | 2.89× |
| RSI (50) | 1 | 1.21× | 3.77× |
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 HSBC, Ehlers Stochastic 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.
More stock
Get alerted when HSBC’s signal flips
We track HSBC daily. Its backtested best indicator, Ehlers Stochastic (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.