ETF

The best indicator for Clean Energy (ICLN)

We backtested 366 indicators across daily, weekly and hourly charts on real Clean Energy (ICLN) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling SHORT right now — its only tested short edge (Hull Suite) is signaling short — a rare case where shorting this beat staying flat (+5.0% CAGR). As of 2026-06-08.

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Trend · Weekly

FRAMA 100 Trend

On the weekly chart, this is the strongest risk-adjusted edge we found for Clean Energy (ICLN) over ~18.0 years — beating buy-and-hold by 14.0% CAGR.

11.3%

CAGR

0.73

Sharpe

-43.7%

Max DD

41.0%

Win rate

3.49

Profit factor

+14.0%

vs Buy&Hold

Confluence · Daily

Best multi-indicator combo

Random Walk IndexKAMA 10/30 Cross

Going long only when all 2 agree was the strongest confluence setup we found for Clean Energy (ICLN) — beating buy-and-hold by 9.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

6.1%

CAGR

0.46

Sharpe

39.0%

Win rate

136

Trades

+9.1%

vs Buy&Hold

Best by timeframe

The winner on each chart

Weekly

FRAMA 100 Trend

+14.0% · Sharpe 0.73

Daily

Std Error Channel

+12.1% · Sharpe 0.58

Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#	Indicator	TF	CAGR	Sharpe	Max DD	Win	Trades	vs B&H
1	FRAMA 100 Trend ✓	Weekly	11.3%	0.73	-43.7%	41.0%	61	14.0%
2	Std Error Channel ✓	Daily	9.1%	0.58	-32.0%	37.3%	161	12.1%
3	Impulse MACD ✓	Weekly	6.9%	0.58	-32.2%	63.6%	33	9.6%
4	VuManChu Cipher B ✓	Weekly	6.5%	0.58	-31.1%	51.7%	29	9.3%
5	Geometric MA ✓	Daily	8.7%	0.56	-33.3%	41.9%	203	11.7%
6	ADX / DMI ✓	Weekly	7.9%	0.55	-40.1%	47.1%	17	10.7%
7	Perfect Trend Line ✓	Weekly	9.2%	0.55	-41.3%	49.5%	103	12.0%
8	Vortex ✓	Daily	8.9%	0.54	-38.0%	38.2%	212	11.9%
9	Hull Suite ✓	Daily	9.0%	0.54	-35.5%	46.3%	95	12.0%
10	Ehlers TrendFlex	Daily	8.7%	0.53	-41.3%	43.8%	89	11.7%
11	Jurik MA (approx.) ✓	Weekly	8.0%	0.53	-28.7%	45.2%	84	10.7%
12	FRAMA 200 Trend ✓	Weekly	7.5%	0.53	-37.8%	46.3%	67	10.2%
13	Ehlers Stochastic ✓	Daily	8.7%	0.52	-37.0%	43.6%	101	11.7%
14	ADXR ✓	Weekly	7.4%	0.52	-45.0%	52.4%	21	10.1%

✓ = held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Clean Energy (ICLN), FRAMA 100 Trend 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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The best indicator for Clean Energy (ICLN)

FRAMA 100 Trend

Best multi-indicator combo

The winner on each chart

Every indicator, ranked

More etf

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