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 over the full backtest, with costs, and checked out-of-sample.
Where Otis Worldwide (OTIS) 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.
Fibonacci Pivots
On the daily chart, this is the strongest risk-adjusted edge we found for Otis Worldwide (OTIS) over ~6.5 years — beating buy-and-hold by 3.0% CAGR.
Otis Worldwide (OTIS) on the daily 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 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 | 10.2% | 0.78 | -16.8% | 52.8% | 267 | 3.0% |
| 2 | Pivot Points (Standard) ✓ | Daily | 8.6% | 0.68 | -18.7% | 52.3% | 239 | 1.4% |
| 3 | Demand Index ✓ | Daily | 8.5% | 0.6 | -20.6% | 63.3% | 90 | 1.3% |
| 4 | Gator Oscillator | Weekly | 4.4% | 0.56 | -11.3% | 60.0% | 20 | -2.8% |
| 5 | Projection Bands ✓ | Weekly | 6.3% | 0.6 | -17.0% | 64.3% | 14 | -0.9% |
| 6 | MA Envelope ✓ | Daily | 5.6% | 0.52 | -17.2% | 66.7% | 36 | -1.7% |
| 7 | Stochastic Fast (5,3) | Weekly | 7.1% | 0.51 | -27.0% | 57.5% | 40 | -0.1% |
| 8 | Hammer | Daily | 4.4% | 0.5 | -11.4% | 46.7% | 30 | -2.8% |
| 9 | Heikin-Ashi Trend | Weekly | 6.9% | 0.5 | -23.9% | 43.5% | 62 | -0.4% |
| 10 | Trend Magic | Weekly | 7.0% | 0.5 | -27.9% | 30.0% | 20 | -0.2% |
| 11 | Impulse MACD | Weekly | 5.6% | 0.49 | -18.0% | 30.0% | 20 | -1.6% |
| 12 | KAMA 30 Trend | Weekly | 6.8% | 0.48 | -30.5% | 37.5% | 16 | -0.5% |
| 13 | Elastic VW MA | Weekly | 7.7% | 0.51 | -33.8% | 35.7% | 14 | 0.5% |
| 14 | Smoothed MA (Wilder) | Weekly | 7.4% | 0.5 | -34.9% | 28.6% | 14 | 0.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Otis Worldwide (OTIS) lost money across the out-of-sample window in 361 of 361 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For Otis Worldwide (OTIS), Fibonacci Pivots 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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