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The best indicator for Russell 1000 Growth (IWF)

We backtested 366 indicators across daily, weekly and hourly charts on real Russell 1000 Growth (IWF) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Signaling LONG right now — SMC: Order Block (Weekly) has been long for 176 bars, as of 2026-06-08.
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Smart Money · Weekly

SMC: Order Block

On the weekly chart, this is the strongest risk-adjusted edge we found for Russell 1000 Growth (IWF) over ~26.1 years — beating buy-and-hold by 2.0% CAGR.

10.3%
CAGR
0.83
Sharpe
-22.7%
Max DD
55.2%
Win rate
4.74
Profit factor
+2.0%
vs Buy&Hold
Confluence · Daily

Best multi-indicator combo

RSI Trend (>50)Donchian Breakout

Going long only when all 2 agree was the strongest confluence setup we found for Russell 1000 Growth (IWF) — trailing buy-and-hold by 3.7% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.

4.7%
CAGR
0.52
Sharpe
45.2%
Win rate
155
Trades
-3.7%
vs Buy&Hold
Best by timeframe

The winner on each chart

Weekly
SMC: Order Block
+2.0% · Sharpe 0.83
Daily
CCI (200)
+0.6% · Sharpe 0.76
Full results

Every indicator, ranked

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

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1SMC: Order Block Weekly10.3%0.83-22.7%55.2%292.0%
2SMA 30 Trend Weekly8.6%0.79-20.7%68.3%410.2%
3EMA 8/21 Cross Weekly9.2%0.77-29.9%72.2%180.8%
4Ichimoku TK Cross Weekly8.8%0.77-21.1%69.6%230.4%
5Volume-Weighted EMA Weekly8.9%0.77-23.0%49.2%610.5%
6CCI (200) Daily9.1%0.76-22.2%38.3%600.6%
7WMA 10/40 Cross Weekly9.0%0.76-29.9%70.6%170.6%
8ROC (30) Weekly8.8%0.76-22.0%65.6%320.4%
9CMO (30) Weekly8.8%0.76-22.0%65.6%320.4%
10Momentum (30) Weekly8.8%0.76-22.0%65.6%320.4%
11McGinley 200 Trend Daily11.8%0.75-32.7%31.2%163.4%
12Ehlers Decycler Weekly8.4%0.75-19.0%53.0%660.0%
13Trend Regularity Adaptive MA Weekly8.5%0.75-21.3%55.3%380.1%
14Williams %R (28) Weekly8.9%0.75-28.5%56.1%410.5%

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

What this means

For Russell 1000 Growth (IWF), SMC: Order Block 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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