The best indicator for Palo Alto Networks (PANW)
We backtested 366 indicators across daily, weekly and hourly charts on real Palo Alto Networks (PANW) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Zero-Lag MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Palo Alto Networks (PANW) over ~13.9 years — beating buy-and-hold by 1.2% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Palo Alto Networks (PANW) — trailing buy-and-hold by 10.5% 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 | Zero-Lag MACD ✓ | Weekly | 29.1% | 1.1 | -32.5% | 50.0% | 56 | 1.2% |
| 2 | On-Balance Volume ✓ | Daily | 29.5% | 1.07 | -34.9% | 43.1% | 218 | 1.5% |
| 3 | Volume Zone Oscillator ✓ | Daily | 24.1% | 0.94 | -37.0% | 45.3% | 318 | -4.0% |
| 4 | Stochastic Momentum Index ✓ | Weekly | 13.0% | 0.96 | -12.2% | 85.7% | 14 | -14.9% |
| 5 | Markov Regime ✓ | Weekly | 25.5% | 0.88 | -45.0% | 58.1% | 31 | -2.4% |
| 6 | QQE ✓ | Weekly | 27.4% | 0.86 | -49.8% | 55.6% | 36 | -0.4% |
| 7 | Trade Volume Index ✓ | Daily | 20.4% | 0.82 | -35.9% | 44.3% | 140 | -7.6% |
| 8 | Holy Grail Confluence ✓ | Daily | 17.0% | 0.81 | -34.8% | 78.6% | 28 | -11.1% |
| 9 | QQE ✓ | Daily | 26.0% | 0.81 | -43.9% | 44.7% | 199 | -2.1% |
| 10 | Center of Gravity ✓ | Weekly | 18.2% | 0.81 | -37.0% | 55.0% | 80 | -9.7% |
| 11 | Zero-Lag LSMA ✓ | Weekly | 17.1% | 0.79 | -50.4% | 50.0% | 58 | -10.7% |
| 12 | Projection Bands ✓ | Weekly | 15.0% | 0.79 | -26.1% | 88.0% | 25 | -12.9% |
| 13 | Zero-Lag EMA Cross ✓ | Daily | 17.8% | 0.78 | -45.3% | 46.1% | 165 | -10.3% |
| 14 | Waddah Attar Explosion ✓ | Daily | 10.5% | 0.78 | -18.5% | 43.4% | 189 | -17.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Palo Alto Networks (PANW), Zero-Lag MACD 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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