The best indicator for Wabtec (WAB)
We backtested 366 indicators across daily, weekly and hourly charts on real Wabtec (WAB) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Demand Index
On the daily chart, this is the strongest risk-adjusted edge we found for Wabtec (WAB) over ~30.9 years — trailing buy-and-hold by 0.1% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Wabtec (WAB) — trailing buy-and-hold by 3.7% 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 | Demand Index ✓ | Daily | 12.4% | 0.57 | -54.5% | 66.2% | 331 | -0.1% |
| 2 | Ultimate Oscillator ✓ | Daily | 9.0% | 0.56 | -49.6% | 81.5% | 27 | -3.5% |
| 3 | Markov Regime ✓ | Daily | 13.6% | 0.56 | -64.6% | 50.6% | 89 | 1.0% |
| 4 | TEMA 10/30 Cross ✓ | Weekly | 9.5% | 0.52 | -52.1% | 60.7% | 61 | -3.0% |
| 5 | Ichimoku (fast) ✓ | Weekly | 9.7% | 0.52 | -41.4% | 53.8% | 65 | -2.8% |
| 6 | Hull MA 20/80 Cross ✓ | Weekly | 9.5% | 0.51 | -45.6% | 54.1% | 37 | -2.9% |
| 7 | McGinley 200 Trend ✓ | Daily | 12.0% | 0.5 | -64.1% | 30.8% | 26 | -0.5% |
| 8 | Coppock (fast) ✓ | Weekly | 9.5% | 0.5 | -46.0% | 50.0% | 54 | -2.9% |
| 9 | Hull MA 15/60 Cross ✓ | Weekly | 9.0% | 0.49 | -38.7% | 63.8% | 47 | -3.5% |
| 10 | Stochastic ✓ | Daily | 9.3% | 0.48 | -52.1% | 71.6% | 141 | -3.2% |
| 11 | SMA 15/60 Cross ✓ | Daily | 9.1% | 0.48 | -44.3% | 53.8% | 78 | -3.4% |
| 12 | Ehlers Reflex ✓ | Weekly | 8.6% | 0.48 | -64.7% | 54.5% | 55 | -3.8% |
| 13 | Demand Index ✓ | Weekly | 9.3% | 0.48 | -58.5% | 68.4% | 76 | -3.2% |
| 14 | DEMA 200 Trend ✓ | Weekly | 8.0% | 0.48 | -53.2% | 55.6% | 27 | -4.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Wabtec (WAB), Demand Index 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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