The best indicator for Mettler Toledo (MTD)
We backtested 366 indicators across daily, weekly and hourly charts on real Mettler Toledo (MTD) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Volume Zone Oscillator
On the weekly chart, this is the strongest risk-adjusted edge we found for Mettler Toledo (MTD) over ~28.7 years — trailing buy-and-hold by 3.8% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Mettler Toledo (MTD) — trailing buy-and-hold by 11.9% 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 | Volume Zone Oscillator ✓ | Weekly | 12.6% | 0.67 | -35.8% | 51.5% | 134 | -3.8% |
| 2 | SMC: Liquidity Sweep ✓ | Weekly | 12.2% | 0.66 | -42.8% | 91.3% | 23 | -4.2% |
| 3 | Ichimoku TK Cross ✓ | Daily | 12.2% | 0.65 | -38.0% | 48.2% | 170 | -4.3% |
| 4 | Ehlers Stochastic ✓ | Daily | 11.9% | 0.63 | -37.8% | 50.6% | 166 | -4.6% |
| 5 | Volume Flow Indicator ✓ | Daily | 12.5% | 0.61 | -38.6% | 43.2% | 44 | -4.0% |
| 6 | Coppock Curve ✓ | Daily | 11.4% | 0.6 | -49.1% | 50.0% | 166 | -5.1% |
| 7 | On-Balance Volume ✓ | Weekly | 11.0% | 0.6 | -32.7% | 53.4% | 103 | -5.4% |
| 8 | QQE ✓ | Weekly | 13.8% | 0.6 | -62.4% | 50.0% | 90 | -2.5% |
| 9 | MA Envelope ✓ | Daily | 10.1% | 0.59 | -36.5% | 73.2% | 190 | -6.4% |
| 10 | McGinley 100 Trend | Daily | 13.5% | 0.59 | -61.3% | 38.7% | 62 | -3.0% |
| 11 | SMA 10/30 Cross ✓ | Weekly | 11.6% | 0.59 | -39.9% | 60.0% | 25 | -4.8% |
| 12 | Ehlers TrendFlex ✓ | Daily | 10.8% | 0.58 | -45.3% | 48.6% | 148 | -5.7% |
| 13 | Even Better Sinewave ✓ | Daily | 10.8% | 0.58 | -45.7% | 47.3% | 150 | -5.7% |
| 14 | McGinley 10/30 Cross ✓ | Daily | 11.7% | 0.58 | -44.2% | 51.0% | 49 | -4.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Mettler Toledo (MTD), Volume Zone Oscillator 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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