The best indicator for ON Semiconductor (ON)
We backtested 382 indicators across daily, weekly and hourly charts on real ON Semiconductor (ON) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where ON Semiconductor (ON) 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.
B-Xtrender
On the weekly chart, this is the strongest risk-adjusted edge we found for ON Semiconductor (ON) over ~26.2 years — beating buy-and-hold by 13.1% CAGR.
ON Semiconductor (ON) on the weekly 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 ON Semiconductor (ON) — beating buy-and-hold by 9.0% 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 | B-Xtrender ✓ | Weekly | 19.9% | 0.68 | -52.9% | 45.6% | 114 | 13.1% |
| 2 | Disparity (5) ✓ | Weekly | 21.0% | 0.66 | -60.2% | 43.2% | 155 | 14.2% |
| 3 | Ehlers Reflex ✓ | Weekly | 20.5% | 0.64 | -68.6% | 61.9% | 42 | 13.7% |
| 4 | TEMA 10/30 Cross ✓ | Weekly | 18.7% | 0.64 | -60.9% | 56.0% | 50 | 11.9% |
| 5 | TEMA 20/50 Cross ✓ | Weekly | 15.6% | 0.6 | -64.2% | 55.6% | 27 | 8.8% |
| 6 | Klinger Oscillator ✓ | Weekly | 17.8% | 0.6 | -56.1% | 46.3% | 121 | 11.0% |
| 7 | Volume Zone Oscillator ✓ | Weekly | 16.7% | 0.6 | -65.8% | 55.4% | 130 | 9.9% |
| 8 | Arnaud Legoux MA ✓ | Weekly | 17.4% | 0.59 | -63.4% | 40.5% | 116 | 10.6% |
| 9 | Random Walk Index ✓ | Weekly | 16.1% | 0.59 | -76.1% | 41.4% | 58 | 9.3% |
| 10 | Relative Volatility Index ✓ | Weekly | 15.1% | 0.59 | -61.0% | 41.2% | 68 | 8.2% |
| 11 | Random Walk Index ✓ | Weekly | 16.1% | 0.59 | -76.1% | 41.4% | 58 | 9.3% |
| 12 | Vortex ✓ | Weekly | 15.6% | 0.58 | -76.1% | 44.3% | 61 | 8.8% |
| 13 | Chande Kroll Stop ✓ | Weekly | 18.0% | 0.58 | -67.4% | 46.7% | 75 | 11.1% |
| 14 | MACD ✓ | Weekly | 16.7% | 0.57 | -64.8% | 53.1% | 49 | 9.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on ON Semiconductor (ON)
9 of 657 tested setups beat buy-and-hold on ON Semiconductor (ON) outright. Another 125 could get there with leverage they would survive — but 428 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Heikin-Ashi Trend | 1 | none needed | 1.7× |
| Aroon | 1 | none needed | 2.45× |
| Chande Kroll Stop | 1 | none needed | 1.95× |
| Relative Volatility Index | 1 | none needed | 2.09× |
| Least Squares MA | 1 | none needed | 1.92× |
| Intraday Momentum Index | 1 | none needed | 1.64× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
For ON Semiconductor (ON), B-Xtrender on the weekly 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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