The best indicator for Growth
We backtested 382 indicators across daily, weekly and hourly charts on real Growth history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Growth 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.
Williams %R (28)
On the weekly chart, this is the strongest risk-adjusted edge we found for Growth over ~22.5 years — trailing buy-and-hold by 1.2% CAGR.
Growth 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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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 | Williams %R (28) ✓ | Weekly | 10.8% | 0.85 | -28.1% | 67.6% | 37 | -1.2% |
| 2 | RSI Trend (>50) ✓ | Weekly | 10.2% | 0.83 | -19.5% | 66.7% | 45 | -1.7% |
| 3 | Trade Volume Index ✓ | Weekly | 9.7% | 0.83 | -22.9% | 58.3% | 24 | -2.2% |
| 4 | SMC: Order Block ✓ | Weekly | 10.6% | 0.83 | -22.1% | 50.0% | 30 | -1.3% |
| 5 | Rate of Change ✓ | Weekly | 9.6% | 0.82 | -20.1% | 60.4% | 53 | -2.3% |
| 6 | EMA 30 Trend ✓ | Weekly | 10.1% | 0.82 | -19.5% | 65.1% | 43 | -1.9% |
| 7 | Supertrend (14,4) ✓ | Daily | 9.0% | 0.81 | -19.8% | 63.2% | 57 | -3.1% |
| 8 | Disparity (20) ✓ | Weekly | 9.7% | 0.81 | -19.5% | 66.1% | 56 | -2.2% |
| 9 | ROC (30) ✓ | Weekly | 10.1% | 0.81 | -20.8% | 74.1% | 27 | -1.9% |
| 10 | CMO (30) ✓ | Weekly | 10.1% | 0.81 | -20.8% | 74.1% | 27 | -1.9% |
| 11 | Momentum (30) ✓ | Weekly | 10.1% | 0.81 | -20.8% | 74.1% | 27 | -1.9% |
| 12 | Ichimoku TK Cross ✓ | Weekly | 9.7% | 0.8 | -21.0% | 61.9% | 21 | -2.2% |
| 13 | Trendlines with Breaks ✓ | Daily | 10.0% | 0.79 | -23.3% | 57.9% | 38 | -2.1% |
| 14 | Ichimoku TK Cross ✓ | Daily | 9.2% | 0.78 | -19.0% | 52.1% | 117 | -2.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Growth
3 of 585 tested setups beat buy-and-hold on Growth outright. Another 450 could get there with leverage they would survive — but 95 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Coppock (fast) | 1 | 1.57× | 3.97× |
| Volume-Weighted EMA | 1 | 1.65× | 5.13× |
| SMA 5/20 Cross | 1 | none needed | 4.31× |
| Geometric MA | — | 1.2× | 5.54× |
| Elastic VW MA | — | 1.22× | 3.41× |
| Disparity (20) | — | 1.24× | 4.81× |
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 Growth, Williams %R (28) 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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