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, out-of-sample, with costs.
Ultimate Oscillator
On the daily chart, this is the strongest risk-adjusted edge we found for China (MCHI) over ~15.2 years — beating buy-and-hold by 7.8% CAGR.
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 | 10.1% | 0.7 | -36.7% | 93.3% | 15 | 7.8% |
| 2 | KAMA 10/30 Cross ✓ | Daily | 7.3% | 0.52 | -30.3% | 48.7% | 39 | 5.0% |
| 3 | Donchian 55/20 ✓ | Daily | 5.5% | 0.48 | -23.2% | 75.0% | 24 | 3.2% |
| 4 | T3 30 Trend ✓ | Daily | 5.6% | 0.45 | -27.3% | 49.4% | 81 | 3.2% |
| 5 | Historical Volatility Regime | Daily | 4.7% | 0.44 | -33.4% | 44.3% | 115 | 2.3% |
| 6 | Ehlers Stochastic ✓ | Weekly | 5.5% | 0.42 | -26.0% | 64.3% | 14 | 3.3% |
| 7 | Intraday Momentum Index ✓ | Daily | 5.6% | 0.39 | -35.8% | 71.1% | 45 | 3.3% |
| 8 | HMA 9/21 Cross ✓ | Weekly | 5.5% | 0.39 | -44.0% | 54.9% | 51 | 3.3% |
| 9 | Money Flow Index ✓ | Daily | 5.5% | 0.38 | -57.6% | 61.1% | 18 | 3.1% |
| 10 | Trend Magic ✓ | Weekly | 5.0% | 0.38 | -28.2% | 40.4% | 47 | 2.8% |
| 11 | Hammer | Weekly | 2.6% | 0.38 | -18.4% | 63.6% | 22 | 0.4% |
| 12 | ALMA 10/30 Cross | Weekly | 4.9% | 0.37 | -31.3% | 51.7% | 29 | 2.7% |
| 13 | Coppock (fast) | Weekly | 4.8% | 0.37 | -42.1% | 56.0% | 25 | 2.6% |
| 14 | DEMA 100 Trend ✓ | Weekly | 4.6% | 0.37 | -29.5% | 44.4% | 18 | 2.3% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
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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