The best indicator for ICICI Bank
We backtested 382 indicators across daily, weekly and hourly charts on real ICICI Bank history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where ICICI 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.
TEMA 20/50 Cross
On the weekly chart, this is the strongest risk-adjusted edge we found for ICICI Bank over ~26.3 years — beating buy-and-hold by 2.5% CAGR.
ICICI 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 | TEMA 20/50 Cross ✓ | Weekly | 13.3% | 0.62 | -60.0% | 54.2% | 24 | 2.5% |
| 2 | Zero-Lag MACD ✓ | Weekly | 13.4% | 0.58 | -46.3% | 49.6% | 113 | 2.6% |
| 3 | SMC: Order Block ✓ | Weekly | 13.4% | 0.58 | -44.3% | 56.7% | 30 | 2.6% |
| 4 | Price Momentum Oscillator ✓ | Weekly | 13.4% | 0.58 | -61.0% | 63.6% | 33 | 2.6% |
| 5 | TEMA 20/50 Cross ✓ | Daily | 13.4% | 0.56 | -54.8% | 44.1% | 145 | 2.4% |
| 6 | Bullish Engulfing ✓ | Daily | 6.8% | 0.56 | -41.6% | 49.6% | 131 | -4.2% |
| 7 | Trend Regularity Adaptive MA ✓ | Daily | 12.9% | 0.55 | -38.8% | 39.2% | 148 | 1.9% |
| 8 | SMC: Order Block ✓ | Daily | 13.2% | 0.55 | -51.5% | 38.7% | 186 | 2.3% |
| 9 | CMO (21) ✓ | Weekly | 12.6% | 0.55 | -47.8% | 56.2% | 48 | 1.8% |
| 10 | ROC (30) ✓ | Weekly | 12.4% | 0.55 | -44.1% | 58.5% | 41 | 1.6% |
| 11 | CMO (30) ✓ | Weekly | 12.4% | 0.55 | -44.1% | 58.5% | 41 | 1.6% |
| 12 | Momentum (30) ✓ | Weekly | 12.4% | 0.55 | -44.1% | 58.5% | 41 | 1.6% |
| 13 | McGinley 10/30 Cross ✓ | Daily | 13.6% | 0.54 | -59.7% | 45.5% | 44 | 2.6% |
| 14 | CCI (50) ✓ | Weekly | 12.0% | 0.54 | -40.2% | 53.6% | 28 | 1.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on ICICI Bank
4 of 627 tested setups beat buy-and-hold on ICICI Bank outright. Another 299 could get there with leverage they would survive — but 237 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 1 | 1.28× | 1.91× |
| Bollinger %B | 1 | 2.28× | 4.5× |
| Accelerator Oscillator | 1 | none needed | 3.18× |
| Lorentzian Classification | 1 | none needed | 3.6× |
| DeMarker (14) | — | 1.49× | 4.32× |
| FRAMA 200 Trend | — | 1.51× | 3.91× |
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 ICICI Bank, TEMA 20/50 Cross 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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