The best indicator for L3Harris (LHX)
We backtested 382 indicators across daily, weekly and hourly charts on real L3Harris (LHX) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Intraday Momentum Index
On the weekly chart, this is the strongest risk-adjusted edge we found for L3Harris (LHX) over ~44.6 years — trailing buy-and-hold by 1.0% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for L3Harris (LHX) — trailing buy-and-hold by 6.1% 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 | Intraday Momentum Index ✓ | Weekly | 9.9% | 0.58 | -43.5% | 92.6% | 27 | -1.0% |
| 2 | Detrended Price Osc. ✓ | Weekly | 10.2% | 0.54 | -52.5% | 57.9% | 259 | -0.6% |
| 3 | SMC: Liquidity Sweep ✓ | Daily | 9.4% | 0.52 | -63.2% | 76.1% | 138 | -1.5% |
| 4 | QQE ✓ | Weekly | 11.3% | 0.51 | -54.5% | 44.0% | 134 | 0.4% |
| 5 | QQE ✓ | Daily | 11.0% | 0.5 | -60.2% | 39.1% | 673 | 0.1% |
| 6 | McGinley 200 Trend ✓ | Daily | 10.9% | 0.5 | -65.2% | 27.8% | 36 | -0.0% |
| 7 | CCI ✓ | Weekly | 8.0% | 0.5 | -43.8% | 85.7% | 42 | -2.9% |
| 8 | WaveTrend (8/6/4) ✓ | Weekly | 8.0% | 0.47 | -48.7% | 76.9% | 39 | -2.9% |
| 9 | TEMA 10/30 Cross ✓ | Daily | 7.9% | 0.46 | -48.1% | 46.0% | 454 | -3.1% |
| 10 | UT Bot (ATR Trailing) ✓ | Weekly | 7.9% | 0.46 | -49.4% | 48.6% | 148 | -3.0% |
| 11 | HMA 9/21 Cross ✓ | Weekly | 7.7% | 0.46 | -42.4% | 48.7% | 156 | -3.2% |
| 12 | McGinley 100 Trend ✓ | Weekly | 9.7% | 0.46 | -70.2% | 42.1% | 19 | -1.1% |
| 13 | Markov Regime ✓ | Weekly | 9.1% | 0.46 | -63.6% | 48.6% | 74 | -1.8% |
| 14 | WaveTrend (8/6/4) ✓ | Daily | 7.6% | 0.45 | -59.1% | 73.3% | 165 | -3.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For L3Harris (LHX), Intraday Momentum Index on the weekly 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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