The best indicator for Waste Management (WM)
We backtested 382 indicators across daily, weekly and hourly charts on real Waste Management (WM) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Zero-Lag MACD
On the weekly chart, this is the strongest risk-adjusted edge we found for Waste Management (WM) over ~38.1 years — beating buy-and-hold by 1.3% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Waste Management (WM) — trailing buy-and-hold by 0.2% 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 | Zero-Lag MACD ✓ | Weekly | 13.9% | 0.64 | -51.4% | 57.8% | 161 | 1.3% |
| 2 | Zero-Lag MACD ✓ | Weekly | 13.9% | 0.64 | -51.4% | 57.8% | 161 | 1.3% |
| 3 | Random Walk Index ✓ | Daily | 11.6% | 0.57 | -36.6% | 39.1% | 488 | -0.8% |
| 4 | QQE ✓ | Weekly | 14.0% | 0.57 | -79.7% | 47.3% | 110 | 1.4% |
| 5 | Random Walk Index ✓ | Daily | 11.6% | 0.57 | -36.6% | 39.1% | 488 | -0.8% |
| 6 | SMC: Equal Highs / Lows ✓ | Daily | 11.6% | 0.57 | -65.0% | 55.6% | 18 | -0.9% |
| 7 | Aroon ✓ | Daily | 11.2% | 0.55 | -44.9% | 41.3% | 315 | -1.3% |
| 8 | Aroon Oscillator ✓ | Daily | 11.2% | 0.55 | -44.9% | 41.3% | 315 | -1.3% |
| 9 | Detrended Price Osc. ✓ | Weekly | 10.8% | 0.55 | -55.3% | 61.1% | 211 | -1.8% |
| 10 | HMA 9/21 Cross ✓ | Weekly | 11.4% | 0.55 | -43.7% | 56.0% | 125 | -1.1% |
| 11 | Markov Regime (Confirmed) ✓ | Weekly | 9.2% | 0.55 | -70.0% | 51.4% | 208 | -3.4% |
| 12 | Laguerre RSI ✓ | Weekly | 8.2% | 0.54 | -27.0% | 67.2% | 61 | -4.4% |
| 13 | DEMA 20/50 Cross ✓ | Daily | 10.4% | 0.53 | -46.5% | 49.3% | 146 | -2.0% |
| 14 | TEMA 20/50 Cross ✓ | Daily | 10.3% | 0.53 | -60.3% | 51.5% | 204 | -2.2% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Waste Management (WM), Zero-Lag MACD 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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