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The best indicator for Nasdaq 100 (NDX)

We backtested 382 indicators across daily, weekly and hourly charts on real Nasdaq 100 (NDX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling FLAT right now — EMA 100 Trend (4-Hour) is out of the market. Signal as of 2026-09-10.
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Key levels · as of 2026-09-10

Where Nasdaq 100 (NDX) stands

29,103.51
last daily close (2026-09-10)
27,103.67
200-day simple moving average price 7.4% above
29,206.36
50-day simple moving average price 0.4% below
22,953.38–30,660.60
52-week range

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.

Trend · 4-Hour

EMA 100 Trend

On the 4-hour chart, this is the strongest risk-adjusted edge we found for Nasdaq 100 (NDX) over ~3.9 years — trailing buy-and-hold by 3.8% CAGR.

14.6%
CAGR
1.27
Sharpe
-11.2%
Max DD
40.0%
Win rate
3.34
Profit factor
-3.8%
vs Buy&Hold
Chart

Nasdaq 100 (NDX) on the 4-hour 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.

NOTHING BEAT BUY-AND-HOLD
Full strategy report — every setup ranked out-of-sample, corrected for data-mining, and forward-tracked in public.
Read the verdict
Confluence · Weekly

Best multi-indicator combo

EMA 20/50 CrossRSI Trend (>50)

Going long only when all 2 agree was the strongest confluence setup we found for Nasdaq 100 (NDX) — trailing buy-and-hold by 4.7% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

9.9%
CAGR
0.68
Sharpe
48.8%
Win rate
82
Trades
-4.7%
vs Buy&Hold
Best by timeframe

The winner on each chart

4-Hour
EMA 100 Trend
-3.8% · Sharpe 1.27
Weekly
Ehlers Decycler
-1.7% · Sharpe 0.83
1-Hour
T3 10/40 Cross
-9.7% · Sharpe 1.33
Daily
G-Channel
-2.6% · Sharpe 0.76
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1EMA 100 Trend 4-Hour14.6%1.27-11.2%40.0%30-3.8%
2Disparity (100) 4-Hour14.6%1.27-11.2%40.0%30-3.8%
3EMA 13/48 Cross 4-Hour14.1%1.22-10.4%40.0%15-4.3%
4Super Smoother (Ehlers) 4-Hour11.3%1.18-11.6%46.7%105-7.1%
5Hull MA 20/80 Cross 4-Hour11.1%1.12-14.1%47.4%38-7.3%
6Squeeze Momentum 4-Hour8.1%1.09-10.9%54.2%83-10.3%
7ALMA 10/30 Cross 4-Hour11.4%1.09-10.8%47.8%69-7.0%
8CCI (100) 4-Hour12.3%1.09-12.3%41.4%29-6.1%
9SMA 100 Trend 4-Hour11.3%1.08-10.3%36.4%33-7.1%
10Ehlers Decycler Weekly12.9%0.83-41.5%53.1%113-1.7%
11Trendlines with Breaks 4-Hour12.4%1.06-15.5%46.7%15-6.0%
12Disparity (20) Weekly12.8%0.82-41.5%50.0%106-1.9%
13KAMA 100 Trend Weekly13.7%0.82-41.0%60.0%35-0.9%
14SMC: Order Block Weekly13.7%0.82-35.7%57.7%52-1.0%

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

The leverage question

What it would take to beat buy & hold on Nasdaq 100 (NDX)

2 of 1365 tested setups beat buy-and-hold on Nasdaq 100 (NDX) outright. Another 885 could get there with leverage they would survive — but 246 would be liquidated by their own drawdown before they caught it.

IndicatorBeats B&H unlevered Leverage neededLeverage survived
Ultimate Osc (4,8,16)11.59×4.64×
Zero-Lag LSMA12.35×3.93×
Sine-Weighted MA2.01×4.69×
QQE1.41×3.77×
Williams Fractals1.62×6.18×
Premier Stochastic1.72×5.85×

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

What this means

For Nasdaq 100 (NDX), EMA 100 Trend on the 4-hour timeframe gave the best balance of return and risk in our test. It still trailed buy-and-hold on raw return — 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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