The best indicator for Euro Stoxx 50
We backtested 382 indicators across daily, weekly and hourly charts on real Euro Stoxx 50 history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Euro Stoxx 50 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.
Ultimate Oscillator
On the daily chart, this is the strongest risk-adjusted edge we found for Euro Stoxx 50 over ~19.4 years — beating buy-and-hold by 3.6% CAGR.
Euro Stoxx 50 on the daily 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.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Euro Stoxx 50 — beating buy-and-hold by 0.1% 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 | Ultimate Oscillator ✓ | Daily | 5.7% | 0.52 | -23.6% | 82.6% | 23 | 3.6% |
| 2 | Connors RSI ✓ | Daily | 6.3% | 0.5 | -35.5% | 65.4% | 240 | 4.2% |
| 3 | Order-Flow Reversion ✓ | Daily | 4.5% | 0.5 | -33.3% | 75.4% | 69 | 2.4% |
| 4 | VWAP Bands ✓ | Daily | 4.3% | 0.48 | -33.3% | 80.3% | 66 | 2.1% |
| 5 | Demand Index ✓ | Weekly | 4.5% | 0.43 | -23.9% | 72.7% | 44 | 2.4% |
| 6 | Connors RSI-2 ✓ | Daily | 4.9% | 0.42 | -34.0% | 59.1% | 230 | 2.8% |
| 7 | Standard Error Bands ✓ | Daily | 1.3% | 0.4 | -11.8% | 67.6% | 34 | -0.9% |
| 8 | Connors RSI-2 ✓ | Weekly | 4.4% | 0.39 | -23.7% | 65.3% | 49 | 2.3% |
| 9 | Waddah Attar Explosion ✓ | Weekly | 2.0% | 0.39 | -19.8% | 52.4% | 42 | -0.1% |
| 10 | Intraday Momentum Index ✓ | Daily | 4.5% | 0.37 | -46.0% | 74.1% | 58 | 2.3% |
| 11 | Know Sure Thing ✓ | Weekly | 3.8% | 0.37 | -32.9% | 60.0% | 25 | 1.7% |
| 12 | Demand Index ✓ | Daily | 3.7% | 0.36 | -37.3% | 60.8% | 189 | 1.6% |
| 13 | Bollinger Mean-Reversion ✓ | Daily | 3.9% | 0.34 | -33.3% | 70.1% | 107 | 1.7% |
| 14 | Fibonacci Bands ✓ | Daily | 3.9% | 0.34 | -33.3% | 70.1% | 107 | 1.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Euro Stoxx 50
0 of 595 tested setups beat buy-and-hold on Euro Stoxx 50 outright. Another 226 could get there with leverage they would survive — but 180 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | — | 1.45× | 3.72× |
| Demand Index | — | 1.47× | 4.68× |
| Premier Stochastic | — | 1.61× | 5.04× |
| Connors RSI | — | 1.72× | 7.02× |
| Projection Bands | — | 1.99× | 6.44× |
| Advance Trend Pressure | — | 2.02× | 5.9× |
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 Euro Stoxx 50, Ultimate Oscillator on the daily 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 index
Get alerted when Euro Stoxx 50’s signal flips
We track Euro Stoxx 50 daily. Its backtested best indicator, Ultimate Oscillator (Daily), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.