The best indicator for India (INDA)
We backtested 382 indicators across daily, weekly and hourly charts on real India (INDA) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Pascal's Weighted MA
On the weekly chart, this is the strongest risk-adjusted edge we found for India (INDA) over ~14.4 years — beating buy-and-hold by 0.5% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for India (INDA) — trailing buy-and-hold by 1.3% 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 | Pascal's Weighted MA ✓ | Weekly | 5.6% | 0.57 | -19.6% | 52.9% | 34 | 0.5% |
| 2 | Zero-Lag LSMA ✓ | Weekly | 5.8% | 0.54 | -21.6% | 54.3% | 46 | 0.8% |
| 3 | ZLEMA 100 Trend ✓ | Weekly | 4.4% | 0.53 | -16.7% | 45.0% | 20 | -0.7% |
| 4 | Stoch RSI (fast) ✓ | Weekly | 5.6% | 0.52 | -23.5% | 47.2% | 72 | 0.6% |
| 5 | TEMA 20/50 Cross | Daily | 5.8% | 0.51 | -17.9% | 44.2% | 77 | 0.7% |
| 6 | Williams %R (7) ✓ | Weekly | 5.8% | 0.51 | -19.0% | 41.8% | 67 | 0.7% |
| 7 | DeMarker (14) ✓ | Weekly | 5.5% | 0.51 | -21.0% | 43.8% | 32 | 0.4% |
| 8 | MBFX Timing ✓ | Weekly | 5.8% | 0.51 | -19.0% | 41.8% | 67 | 0.7% |
| 9 | LSMA 100 Trend ✓ | Weekly | 4.5% | 0.49 | -25.7% | 52.9% | 17 | -0.6% |
| 10 | Rate of Change ✓ | Weekly | 5.4% | 0.48 | -21.0% | 39.0% | 41 | 0.3% |
| 11 | Sine-Weighted MA ✓ | Weekly | 5.4% | 0.48 | -29.3% | 37.5% | 32 | 0.3% |
| 12 | CCI (14) ✓ | Weekly | 5.5% | 0.48 | -28.7% | 44.7% | 38 | 0.4% |
| 13 | Sine-Weighted MA ✓ | Weekly | 5.4% | 0.48 | -29.3% | 37.5% | 32 | 0.3% |
| 14 | Cutler's RSI ✓ | Weekly | 5.4% | 0.47 | -25.1% | 36.4% | 33 | 0.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For India (INDA), Pascal's Weighted MA 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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