The best indicator for Southern Company (SO)
We backtested 366 indicators across daily, weekly and hourly charts on real Southern Company (SO) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Detrended Price Osc.
On the weekly chart, this is the strongest risk-adjusted edge we found for Southern Company (SO) over ~44.6 years — trailing buy-and-hold by 4.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Southern Company (SO) — trailing buy-and-hold by 8.7% 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 | Detrended Price Osc. ✓ | Weekly | 9.9% | 0.8 | -21.3% | 64.5% | 273 | -4.1% |
| 2 | Demand Index ✓ | Weekly | 8.7% | 0.73 | -26.7% | 71.4% | 119 | -5.3% |
| 3 | Projection Bands ✓ | Weekly | 7.0% | 0.71 | -19.2% | 77.3% | 75 | -7.0% |
| 4 | VIDYA 30 Trend ✓ | Weekly | 11.8% | 0.71 | -34.7% | 58.8% | 17 | -2.2% |
| 5 | Murrey Math Lines ✓ | Daily | 7.1% | 0.66 | -25.8% | 83.5% | 115 | -6.9% |
| 6 | Demand Index ✓ | Daily | 8.7% | 0.66 | -36.3% | 64.8% | 562 | -5.3% |
| 7 | VIDYA 100 Trend ✓ | Daily | 11.3% | 0.66 | -52.1% | 42.9% | 21 | -2.7% |
| 8 | Camarilla Pivots ✓ | Weekly | 7.5% | 0.66 | -28.3% | 52.9% | 461 | -6.4% |
| 9 | McGinley 30 Trend ✓ | Weekly | 10.7% | 0.66 | -49.7% | 54.5% | 33 | -3.3% |
| 10 | QQE ✓ | Weekly | 10.5% | 0.65 | -34.0% | 59.4% | 133 | -3.4% |
| 11 | Donchian 100 Break ✓ | Daily | 8.8% | 0.63 | -31.8% | 70.8% | 24 | -5.3% |
| 12 | SMA 15/60 Cross ✓ | Weekly | 9.7% | 0.63 | -33.6% | 73.9% | 23 | -4.2% |
| 13 | TRIX (21) ✓ | Weekly | 9.8% | 0.63 | -33.6% | 75.0% | 16 | -4.2% |
| 14 | Stochastic ✓ | Weekly | 5.6% | 0.62 | -15.4% | 84.8% | 33 | -8.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Southern Company (SO), Detrended Price Osc. 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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