The best indicator for Steris (STE)
We backtested 382 indicators across daily, weekly and hourly charts on real Steris (STE) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Stochastic
On the daily chart, this is the strongest risk-adjusted edge we found for Steris (STE) over ~34.0 years — trailing buy-and-hold by 1.9% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Steris (STE) — trailing buy-and-hold by 7.0% 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 | Stochastic ✓ | Daily | 13.8% | 0.62 | -54.2% | 69.5% | 164 | -1.9% |
| 2 | Connors RSI-2 ✓ | Daily | 11.2% | 0.59 | -37.3% | 67.0% | 388 | -4.5% |
| 3 | Camarilla Pivots ✓ | Weekly | 11.7% | 0.59 | -51.9% | 56.2% | 370 | -3.5% |
| 4 | WaveTrend (8/6/4) ✓ | Daily | 12.8% | 0.58 | -59.5% | 75.6% | 127 | -2.9% |
| 5 | Money Flow Index ✓ | Daily | 11.4% | 0.57 | -44.3% | 73.2% | 41 | -4.3% |
| 6 | Holy Grail Confluence ✓ | Daily | 11.3% | 0.57 | -56.0% | 83.9% | 56 | -4.4% |
| 7 | RSI Mean-Reversion ✓ | Daily | 7.8% | 0.56 | -43.7% | 84.0% | 50 | -7.9% |
| 8 | CCI ✓ | Daily | 11.3% | 0.56 | -36.3% | 71.5% | 165 | -4.4% |
| 9 | Murrey Math Lines ✓ | Daily | 11.3% | 0.56 | -59.9% | 80.0% | 90 | -4.4% |
| 10 | Demand Index ✓ | Weekly | 11.3% | 0.56 | -72.6% | 63.6% | 88 | -4.0% |
| 11 | Williams %R ✓ | Daily | 11.1% | 0.55 | -50.1% | 71.5% | 221 | -4.6% |
| 12 | Intraday Momentum Index ✓ | Daily | 11.5% | 0.55 | -59.2% | 73.8% | 103 | -4.2% |
| 13 | CCI ✓ | Weekly | 9.6% | 0.55 | -69.3% | 82.9% | 41 | -5.6% |
| 14 | Laguerre RSI ✓ | Daily | 9.1% | 0.54 | -41.6% | 62.8% | 269 | -6.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Steris (STE), Stochastic on the daily 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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