The best indicator for MGM Resorts (MGM)
We backtested 382 indicators across daily, weekly and hourly charts on real MGM Resorts (MGM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Gann HiLo Activator
On the daily chart, this is the strongest risk-adjusted edge we found for MGM Resorts (MGM) over ~38.1 years — beating buy-and-hold by 5.0% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for MGM Resorts (MGM) — beating buy-and-hold by 0.8% 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 | Gann HiLo Activator ✓ | Daily | 13.0% | 0.53 | -65.2% | 43.1% | 700 | 5.0% |
| 2 | Median MA ✓ | Weekly | 10.0% | 0.52 | -46.6% | 50.8% | 118 | 2.1% |
| 3 | Deviation-Scaled MA ✓ | Daily | 12.4% | 0.51 | -62.1% | 41.7% | 977 | 4.4% |
| 4 | MACD ✓ | Daily | 12.1% | 0.5 | -74.4% | 43.0% | 358 | 4.2% |
| 5 | True Strength Index ✓ | Daily | 11.8% | 0.5 | -68.0% | 41.3% | 397 | 3.9% |
| 6 | Range Filter | Daily | 7.7% | 0.49 | -49.7% | 44.0% | 625 | -0.2% |
| 7 | MACD-V ✓ | Daily | 11.3% | 0.48 | -70.2% | 40.8% | 370 | 3.3% |
| 8 | FRAMA 100 Trend ✓ | Daily | 10.7% | 0.48 | -61.1% | 38.1% | 733 | 2.8% |
| 9 | EMA-10 Trend ✓ | Daily | 10.2% | 0.46 | -60.7% | 38.0% | 823 | 2.2% |
| 10 | Fisher Transform ✓ | Daily | 10.5% | 0.46 | -91.2% | 41.5% | 949 | 2.5% |
| 11 | Disparity (10) ✓ | Daily | 10.2% | 0.46 | -60.7% | 38.0% | 823 | 2.2% |
| 12 | Stochastic (10,3) ✓ | Daily | 10.6% | 0.46 | -88.1% | 43.9% | 1144 | 2.6% |
| 13 | McGinley Dynamic ✓ | Weekly | 11.7% | 0.46 | -74.8% | 36.5% | 52 | 3.8% |
| 14 | Std Error Channel ✓ | Weekly | 9.0% | 0.46 | -58.0% | 42.3% | 78 | 1.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For MGM Resorts (MGM), Gann HiLo Activator 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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