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, out-of-sample, with costs.
Intraday Momentum Index
On the weekly chart, this is the strongest risk-adjusted edge we found for Parker Hannifin (PH) over ~46.4 years — trailing buy-and-hold by 3.8% CAGR.
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 | 9.8% | 0.64 | -36.3% | 100.0% | 31 | -3.8% |
| 2 | QQE ✓ | Weekly | 13.8% | 0.58 | -60.7% | 51.1% | 139 | 0.2% |
| 3 | Derivative Oscillator ✓ | Weekly | 7.4% | 0.58 | -32.7% | 53.5% | 155 | -6.2% |
| 4 | CCI Trend ✓ | Daily | 10.5% | 0.57 | -55.1% | 38.0% | 548 | -3.2% |
| 5 | Chande Kroll Stop ✓ | Weekly | 12.6% | 0.57 | -50.3% | 52.5% | 118 | -1.0% |
| 6 | Triangular MA ✓ | Daily | 10.3% | 0.56 | -43.9% | 40.2% | 647 | -3.4% |
| 7 | Ultimate Oscillator ✓ | Daily | 10.0% | 0.55 | -62.4% | 83.1% | 59 | -3.7% |
| 8 | Chande-Kroll Stop (fast) ✓ | Daily | 11.6% | 0.55 | -55.0% | 38.9% | 836 | -2.0% |
| 9 | Force Index ✓ | Weekly | 10.4% | 0.55 | -43.7% | 52.4% | 143 | -3.2% |
| 10 | Markov Regime ✓ | Weekly | 11.3% | 0.55 | -65.6% | 63.8% | 94 | -2.3% |
| 11 | Sine-Weighted MA ✓ | Daily | 9.9% | 0.54 | -46.7% | 39.9% | 654 | -3.8% |
| 12 | DPO (10) ✓ | Daily | 9.6% | 0.54 | -46.4% | 39.6% | 593 | -4.0% |
| 13 | McGinley 200 Trend ✓ | Daily | 12.8% | 0.54 | -66.9% | 21.7% | 23 | -0.8% |
| 14 | Sine-Weighted MA ✓ | Daily | 9.9% | 0.54 | -46.7% | 39.9% | 654 | -3.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
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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