The best indicator for Thermo Fisher Scientific (TMO)
We backtested 366 indicators across daily, weekly and hourly charts on real Thermo Fisher Scientific (TMO) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Chande-Kroll Stop (fast)
On the weekly chart, this is the strongest risk-adjusted edge we found for Thermo Fisher Scientific (TMO) over ~46.4 years — beating buy-and-hold by 0.7% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Thermo Fisher Scientific (TMO) — trailing buy-and-hold by 4.2% 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 | Chande-Kroll Stop (fast) ✓ | Weekly | 13.6% | 0.6 | -62.8% | 48.7% | 156 | 0.7% |
| 2 | SMC: Order Block ✓ | Weekly | 12.3% | 0.59 | -52.1% | 44.2% | 52 | -0.6% |
| 3 | T3 20/80 Cross ✓ | Daily | 10.2% | 0.56 | -50.7% | 56.1% | 66 | -2.8% |
| 4 | McGinley 200 Trend ✓ | Daily | 13.0% | 0.55 | -71.2% | 29.4% | 17 | -0.0% |
| 5 | Ease of Movement ✓ | Weekly | 10.6% | 0.55 | -54.1% | 49.1% | 112 | -2.4% |
| 6 | Chande Kroll Stop ✓ | Weekly | 12.0% | 0.55 | -54.7% | 46.5% | 114 | -1.0% |
| 7 | DEMA 20/50 Cross ✓ | Weekly | 10.1% | 0.54 | -51.5% | 58.3% | 36 | -2.9% |
| 8 | Vegas Tunnel ✓ | Weekly | 10.0% | 0.54 | -51.2% | 40.7% | 27 | -2.9% |
| 9 | Ichimoku (fast) ✓ | Weekly | 10.2% | 0.54 | -47.9% | 54.9% | 102 | -2.8% |
| 10 | Negative Volume Index ✓ | Daily | 9.0% | 0.53 | -49.7% | 51.9% | 133 | -4.0% |
| 11 | WMA 20/80 Cross ✓ | Daily | 9.8% | 0.53 | -56.3% | 46.8% | 109 | -3.2% |
| 12 | Chaikin Volatility ✓ | Weekly | 8.4% | 0.53 | -33.9% | 47.0% | 166 | -4.6% |
| 13 | Heikin-Ashi + EMA ✓ | Weekly | 10.0% | 0.53 | -48.6% | 45.8% | 107 | -3.0% |
| 14 | WMA 20/50 Cross ✓ | Daily | 9.5% | 0.52 | -49.5% | 49.3% | 146 | -3.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Thermo Fisher Scientific (TMO), Chande-Kroll Stop (fast) 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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