The best indicator for Snap-on (SNA)
We backtested 382 indicators across daily, weekly and hourly charts on real Snap-on (SNA) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Snap-on (SNA) 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.
QQE
On the weekly chart, this is the strongest risk-adjusted edge we found for Snap-on (SNA) over ~53.8 years — beating buy-and-hold by 0.8% CAGR.
Snap-on (SNA) 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 Snap-on (SNA) — trailing buy-and-hold by 3.1% 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 | QQE ✓ | Weekly | 10.3% | 0.5 | -54.6% | 49.1% | 161 | 0.8% |
| 2 | Money Flow Index ✓ | Daily | 7.6% | 0.48 | -59.1% | 78.4% | 74 | -1.7% |
| 3 | Markov Regime ✓ | Weekly | 8.5% | 0.47 | -62.4% | 65.6% | 90 | -1.0% |
| 4 | DeMarker ✓ | Weekly | 5.8% | 0.45 | -55.0% | 87.5% | 40 | -3.7% |
| 5 | Negative Volume Index ✓ | Weekly | 7.8% | 0.45 | -53.5% | 54.2% | 24 | -1.7% |
| 6 | WaveTrend (8/6/4) ✓ | Weekly | 6.4% | 0.43 | -57.7% | 77.5% | 40 | -3.1% |
| 7 | MA Envelope ✓ | Weekly | 6.8% | 0.43 | -56.4% | 70.3% | 118 | -2.6% |
| 8 | HMA 9/21 Cross ✓ | Weekly | 6.6% | 0.43 | -46.0% | 57.1% | 189 | -2.8% |
| 9 | Murrey Math Lines ✓ | Weekly | 5.9% | 0.43 | -50.7% | 88.9% | 27 | -3.6% |
| 10 | Intraday Momentum Index ✓ | Daily | 6.4% | 0.42 | -46.9% | 75.0% | 132 | -3.0% |
| 11 | McGinley 200 Trend ✓ | Daily | 7.7% | 0.42 | -69.6% | 32.1% | 78 | -1.6% |
| 12 | SMC: Liquidity Sweep ✓ | Weekly | 6.5% | 0.42 | -59.5% | 89.2% | 37 | -2.9% |
| 13 | Stochastic RSI ✓ | Weekly | 5.5% | 0.41 | -48.3% | 78.3% | 83 | -3.9% |
| 14 | Pivot Points (Standard) ✓ | Weekly | 5.6% | 0.4 | -54.1% | 59.3% | 403 | -3.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Snap-on (SNA)
0 of 727 tested setups beat buy-and-hold on Snap-on (SNA) outright. Another 151 could get there with leverage they would survive — but 420 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | — | 1.21× | 2.23× |
| SMC: Liquidity Sweep | — | 1.76× | 2.66× |
| WaveTrend (8/6/4) | — | 1.81× | 4.55× |
| MA Envelope | — | 1.84× | 2.43× |
| Ehlers TrendFlex | — | 1.85× | 2.95× |
| SMC: Break of Structure | — | 1.88× | 2.75× |
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 Snap-on (SNA), QQE 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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