The best indicator for China (MCHI)
We backtested 382 indicators across daily, weekly and hourly charts on real China (MCHI) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where China (MCHI) 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.
Ultimate Oscillator
On the daily chart, this is the strongest risk-adjusted edge we found for China (MCHI) over ~15.5 years — beating buy-and-hold by 8.5% CAGR.
China (MCHI) on the daily 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 China (MCHI) — beating buy-and-hold by 4.1% 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 | Ultimate Oscillator ✓ | Daily | 10.6% | 0.73 | -36.7% | 88.2% | 17 | 8.5% |
| 2 | KAMA 10/30 Cross ✓ | Daily | 6.8% | 0.5 | -30.3% | 47.5% | 40 | 4.8% |
| 3 | Donchian 55/20 ✓ | Daily | 5.4% | 0.48 | -23.2% | 75.0% | 24 | 3.4% |
| 4 | Historical Volatility Regime ✓ | Daily | 4.5% | 0.43 | -33.4% | 44.0% | 116 | 2.5% |
| 5 | T3 30 Trend ✓ | Daily | 5.1% | 0.42 | -27.3% | 48.2% | 83 | 3.1% |
| 6 | Ehlers Stochastic ✓ | Weekly | 5.0% | 0.39 | -26.0% | 60.0% | 15 | 3.0% |
| 7 | Intraday Momentum Index ✓ | Daily | 5.4% | 0.38 | -35.8% | 70.2% | 47 | 3.3% |
| 8 | DEMA 100 Trend ✓ | Weekly | 4.6% | 0.38 | -29.3% | 41.2% | 17 | 2.7% |
| 9 | Money Flow Index ✓ | Daily | 5.1% | 0.37 | -57.6% | 61.1% | 18 | 3.1% |
| 10 | SMA 10/30 Cross ✓ | Daily | 4.9% | 0.37 | -41.6% | 44.4% | 63 | 2.9% |
| 11 | HMA 9/21 Cross ✓ | Weekly | 5.1% | 0.37 | -43.9% | 53.8% | 52 | 3.1% |
| 12 | CMO (21) ✓ | Daily | 4.7% | 0.36 | -35.2% | 37.4% | 171 | 2.7% |
| 13 | CCI Trend | Weekly | 4.5% | 0.36 | -35.0% | 46.9% | 32 | 2.5% |
| 14 | Coppock (fast) | Weekly | 4.6% | 0.36 | -42.1% | 53.8% | 26 | 2.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on China (MCHI) lost money across the out-of-sample window in 547 of 547 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For China (MCHI), Ultimate Oscillator 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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