The best indicator for Live Nation Entertainment (LYV)
We backtested 366 indicators across daily, weekly and hourly charts on real Live Nation Entertainment (LYV) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams Fractals
On the daily chart, this is the strongest risk-adjusted edge we found for Live Nation Entertainment (LYV) over ~20.4 years — beating buy-and-hold by 2.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Live Nation Entertainment (LYV) — trailing buy-and-hold by 8.1% 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 | Williams Fractals ✓ | Daily | 16.9% | 0.67 | -44.0% | 46.1% | 115 | 2.8% |
| 2 | SMC: Fair Value Gap ✓ | Daily | 16.7% | 0.64 | -53.5% | 43.8% | 219 | 2.6% |
| 3 | Even Better Sinewave ✓ | Daily | 15.4% | 0.62 | -60.4% | 45.3% | 106 | 1.3% |
| 4 | Supertrend (7,3) ✓ | Daily | 14.5% | 0.62 | -47.3% | 47.2% | 72 | 0.4% |
| 5 | Center of Gravity ✓ | Weekly | 14.0% | 0.6 | -52.3% | 51.2% | 127 | 0.5% |
| 6 | Supertrend (10,3) ✓ | Daily | 14.1% | 0.59 | -51.8% | 50.0% | 72 | 0.1% |
| 7 | Ehlers Roofing Filter ✓ | Daily | 13.8% | 0.57 | -54.3% | 48.4% | 95 | -0.3% |
| 8 | Ehlers Cyber Cycle ✓ | Weekly | 13.0% | 0.57 | -56.6% | 50.9% | 114 | -0.4% |
| 9 | Force Index ✓ | Daily | 13.0% | 0.55 | -52.7% | 41.3% | 293 | -1.0% |
| 10 | HMA 9/21 Cross ✓ | Weekly | 12.4% | 0.55 | -46.7% | 58.9% | 73 | -1.0% |
| 11 | Stochastic Fast (5,3) ✓ | Weekly | 12.7% | 0.55 | -57.5% | 54.9% | 133 | -0.7% |
| 12 | ROC (5) ✓ | Weekly | 12.6% | 0.54 | -57.9% | 49.5% | 107 | -0.9% |
| 13 | DMI Direction ✓ | Daily | 12.2% | 0.53 | -47.5% | 36.1% | 208 | -1.9% |
| 14 | Supertrend (20,3) ✓ | Daily | 12.1% | 0.53 | -55.9% | 40.5% | 74 | -2.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Live Nation Entertainment (LYV), Williams Fractals 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.
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