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, out-of-sample, with costs.
Ehlers Stochastic
On the weekly chart, this is the strongest risk-adjusted edge we found for HSBC over ~27.1 years — beating 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 | Ehlers Stochastic ✓ | Weekly | 9.0% | 0.6 | -41.2% | 51.9% | 27 | 2.3% |
| 2 | TRIMA 100 Trend ✓ | Weekly | 7.2% | 0.58 | -29.7% | 56.2% | 16 | 0.4% |
| 3 | Hull MA 20/80 Cross ✓ | Weekly | 8.3% | 0.57 | -41.3% | 51.9% | 27 | 1.5% |
| 4 | Relative Volatility Index ✓ | Weekly | 9.2% | 0.56 | -47.1% | 50.0% | 74 | 2.4% |
| 5 | ALMA 200 Trend ✓ | Weekly | 6.9% | 0.55 | -37.1% | 55.6% | 18 | 0.2% |
| 6 | Hull MA 200 Trend ✓ | Weekly | 6.7% | 0.54 | -34.2% | 55.0% | 20 | -0.0% |
| 7 | WMA 10/30 Cross ✓ | Weekly | 7.7% | 0.53 | -44.0% | 50.0% | 30 | 0.9% |
| 8 | T3 20/80 Cross ✓ | Daily | 7.4% | 0.52 | -42.3% | 44.7% | 38 | 0.6% |
| 9 | SMA 10/30 Cross ✓ | Weekly | 7.5% | 0.52 | -34.7% | 54.2% | 24 | 0.7% |
| 10 | Ichimoku TK Cross ✓ | Weekly | 7.5% | 0.52 | -35.5% | 56.7% | 30 | 0.8% |
| 11 | Coral Trend ✓ | Weekly | 7.7% | 0.52 | -44.6% | 44.4% | 27 | 1.0% |
| 12 | T3 8/21 Cross ✓ | Weekly | 7.2% | 0.52 | -43.0% | 60.0% | 25 | 0.4% |
| 13 | Half Trend ✓ | Weekly | 8.1% | 0.52 | -38.2% | 43.2% | 37 | 1.3% |
| 14 | Ease of Movement ✓ | Weekly | 7.7% | 0.51 | -37.0% | 46.5% | 71 | 1.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
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 the weekly edge report
The best-performing indicator per asset, what changed this week, and the honest caveats — straight to your inbox.