The best indicator for Parker Hannifin (PH)
We backtested 382 indicators across daily, weekly and hourly charts on real Parker Hannifin (PH) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Parker Hannifin (PH) 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.
Intraday Momentum Index
On the weekly chart, this is the strongest risk-adjusted edge we found for Parker Hannifin (PH) over ~46.7 years — trailing buy-and-hold by 3.6% CAGR.
Parker Hannifin (PH) 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 Parker Hannifin (PH) — trailing buy-and-hold by 5.6% 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 | Intraday Momentum Index ✓ | Weekly | 10.1% | 0.66 | -36.3% | 100.0% | 32 | -3.6% |
| 2 | QQE ✓ | Weekly | 14.7% | 0.61 | -60.8% | 51.1% | 139 | 1.0% |
| 3 | CCI Trend ✓ | Daily | 10.5% | 0.57 | -55.1% | 37.8% | 553 | -3.3% |
| 4 | Triangular MA ✓ | Daily | 10.4% | 0.57 | -43.9% | 40.5% | 652 | -3.4% |
| 5 | Chande Kroll Stop ✓ | Weekly | 12.4% | 0.57 | -52.4% | 53.8% | 119 | -1.3% |
| 6 | Markov Regime ✓ | Weekly | 12.5% | 0.57 | -65.7% | 66.1% | 62 | -1.2% |
| 7 | Chande-Kroll Stop (fast) ✓ | Daily | 11.7% | 0.56 | -55.0% | 38.9% | 843 | -2.0% |
| 8 | Derivative Oscillator ✓ | Weekly | 7.1% | 0.56 | -32.5% | 55.1% | 158 | -6.6% |
| 9 | Ultimate Oscillator ✓ | Daily | 10.1% | 0.55 | -62.4% | 83.1% | 59 | -3.7% |
| 10 | McGinley 200 Trend ✓ | Daily | 12.9% | 0.55 | -66.9% | 21.7% | 23 | -0.8% |
| 11 | Sine-Weighted MA ✓ | Daily | 9.8% | 0.54 | -46.7% | 40.2% | 660 | -3.9% |
| 12 | DPO (10) ✓ | Daily | 9.7% | 0.54 | -46.4% | 39.6% | 598 | -4.0% |
| 13 | TEMA 20/50 Cross ✓ | Daily | 9.5% | 0.53 | -53.9% | 49.2% | 266 | -4.3% |
| 14 | Bollinger %B ✓ | Daily | 9.6% | 0.53 | -59.2% | 40.8% | 672 | -4.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Parker Hannifin (PH)
0 of 706 tested setups beat buy-and-hold on Parker Hannifin (PH) outright. Another 381 could get there with leverage they would survive — but 303 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | — | 1.94× | 2.99× |
| QQE | — | 1.03× | 1.96× |
| Chande Kroll Stop | — | 1.25× | 2.23× |
| Predictive Ranges | — | 1.42× | 2.99× |
| Volatility Stop (ATR) | — | 1.43× | 2.67× |
| Chandelier Exit | — | 1.49× | 2.66× |
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 Parker Hannifin (PH), Intraday Momentum Index 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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