The best indicator for Wipro
We backtested 382 indicators across daily, weekly and hourly charts on real Wipro history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Wipro 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.
Acceleration Bands
On the weekly chart, this is the strongest risk-adjusted edge we found for Wipro over ~25.8 years — beating buy-and-hold by 5.6% CAGR.
Wipro 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 | Acceleration Bands ✓ | Weekly | 8.7% | 0.58 | -27.3% | 39.6% | 48 | 5.6% |
| 2 | Stochastic Fast (5,3) ✓ | Weekly | 10.9% | 0.53 | -59.8% | 54.5% | 167 | 7.8% |
| 3 | LSMA 200 Trend ✓ | Daily | 9.0% | 0.51 | -52.3% | 38.6% | 153 | 5.6% |
| 4 | STARC Bands ✓ | Weekly | 7.6% | 0.5 | -34.6% | 58.8% | 17 | 4.5% |
| 5 | Aroon ✓ | Weekly | 9.3% | 0.49 | -63.0% | 47.7% | 44 | 6.2% |
| 6 | Aroon Oscillator ✓ | Weekly | 9.3% | 0.49 | -63.0% | 47.7% | 44 | 6.2% |
| 7 | WMA 10/30 Cross ✓ | Daily | 10.0% | 0.48 | -51.7% | 42.9% | 140 | 6.5% |
| 8 | LSMA 100 Trend ✓ | Weekly | 7.7% | 0.48 | -42.8% | 43.6% | 39 | 4.6% |
| 9 | Coral Trend ✓ | Daily | 9.8% | 0.47 | -56.8% | 40.6% | 138 | 6.4% |
| 10 | Know Sure Thing | Weekly | 8.6% | 0.47 | -56.7% | 42.4% | 33 | 5.5% |
| 11 | MAMA / FAMA ✓ | Daily | 9.4% | 0.46 | -51.0% | 34.6% | 130 | 6.0% |
| 12 | Std Error Channel ✓ | Weekly | 7.6% | 0.45 | -57.2% | 43.1% | 51 | 4.5% |
| 13 | Ichimoku TK Cross ✓ | Daily | 8.5% | 0.44 | -44.3% | 41.8% | 141 | 5.1% |
| 14 | Aroon ✓ | Daily | 9.0% | 0.44 | -46.4% | 44.1% | 220 | 5.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Wipro lost money across the out-of-sample window in 626 of 626 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For Wipro, Acceleration Bands 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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