The best indicator for Clean Energy (ICLN)
We backtested 382 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.
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.
Best multi-indicator combo
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.
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 | 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.
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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