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.
Where India (INDA) 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.
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.
India (INDA) on the weekly chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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.
What it would take to beat buy & hold on India (INDA)
106 of 552 tested setups beat buy-and-hold on India (INDA) outright. Another 117 could get there with leverage they would survive — but 24 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Hull MA Trend | 2 | none needed | 6.84× |
| Disparity Index | 2 | none needed | 6.56× |
| Pretty Good Oscillator | 2 | none needed | 6.56× |
| Sine-Weighted MA | 2 | none needed | 5.18× |
| MA Envelope | 2 | none needed | 9.6× |
| CMO (21) | 2 | none needed | 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
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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