The best indicator for Otis Worldwide (OTIS)
We backtested 382 indicators across daily, weekly and hourly charts on real Otis Worldwide (OTIS) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Fibonacci Pivots
On the daily chart, this is the strongest risk-adjusted edge we found for Otis Worldwide (OTIS) over ~6.2 years — trailing buy-and-hold by 0.6% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Otis Worldwide (OTIS) — trailing buy-and-hold by 3.4% 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 | Fibonacci Pivots ✓ | Daily | 8.4% | 0.66 | -16.8% | 51.6% | 250 | -0.6% |
| 2 | Gator Oscillator | Weekly | 5.1% | 0.63 | -11.3% | 60.0% | 20 | -3.9% |
| 3 | Demand Index ✓ | Daily | 8.7% | 0.62 | -20.6% | 62.2% | 82 | -0.4% |
| 4 | Detrended Price Osc. ✓ | Weekly | 7.6% | 0.59 | -19.8% | 54.3% | 35 | -1.4% |
| 5 | Pivot Points (Standard) ✓ | Daily | 7.1% | 0.58 | -18.7% | 51.4% | 222 | -2.0% |
| 6 | Heikin-Ashi Trend | Weekly | 8.1% | 0.57 | -23.9% | 44.1% | 59 | -0.9% |
| 7 | Projection Bands ✓ | Weekly | 6.8% | 0.63 | -15.1% | 61.5% | 13 | -2.2% |
| 8 | MA Envelope ✓ | Daily | 5.7% | 0.54 | -17.2% | 69.7% | 33 | -3.3% |
| 9 | Williams %R ✓ | Weekly | 8.5% | 0.73 | -13.3% | 90.9% | 11 | -0.6% |
| 10 | Stochastic ✓ | Daily | 5.8% | 0.51 | -21.9% | 65.5% | 29 | -3.3% |
| 11 | Keltner Mean-Reversion ✓ | Daily | 4.1% | 0.5 | -14.0% | 68.4% | 19 | -4.9% |
| 12 | Murrey Math Lines ✓ | Daily | 5.6% | 0.5 | -19.1% | 76.5% | 17 | -3.4% |
| 13 | Hammer ✓ | Daily | 4.5% | 0.5 | -11.4% | 50.0% | 28 | -4.6% |
| 14 | KAMA 30 Trend | Weekly | 7.4% | 0.5 | -28.7% | 40.0% | 15 | -1.7% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Otis Worldwide (OTIS), Fibonacci Pivots on the daily 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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