The best indicator for EOG Resources (EOG)
We backtested 382 indicators across daily, weekly and hourly charts on real EOG Resources (EOG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where EOG Resources (EOG) 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.
DeMarker
On the daily chart, this is the strongest risk-adjusted edge we found for EOG Resources (EOG) over ~36.6 years — trailing buy-and-hold by 3.1% CAGR.
EOG Resources (EOG) on the daily 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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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for EOG Resources (EOG) — trailing buy-and-hold by 6.2% 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 | DeMarker ✓ | Daily | 9.9% | 0.5 | -66.6% | 73.6% | 121 | -3.1% |
| 2 | Intraday Momentum Index ✓ | Weekly | 9.2% | 0.49 | -44.7% | 81.8% | 22 | -3.7% |
| 3 | McGinley 30 Trend ✓ | Weekly | 11.2% | 0.48 | -73.0% | 36.8% | 19 | -1.7% |
| 4 | McGinley 100 Trend ✓ | Daily | 10.8% | 0.47 | -68.1% | 32.9% | 82 | -2.2% |
| 5 | WaveTrend (8/6/4) ✓ | Weekly | 9.2% | 0.47 | -51.9% | 75.9% | 29 | -3.7% |
| 6 | CCI ✓ | Daily | 8.7% | 0.46 | -63.1% | 71.7% | 187 | -4.3% |
| 7 | Chandelier Exit ✓ | Daily | 9.7% | 0.46 | -69.2% | 39.0% | 387 | -3.3% |
| 8 | Intraday Momentum Index ✓ | Daily | 9.3% | 0.46 | -61.5% | 70.9% | 103 | -3.8% |
| 9 | McGinley 200 Trend ✓ | Daily | 10.6% | 0.46 | -77.1% | 38.2% | 34 | -2.4% |
| 10 | Negative Volume Index ✓ | Weekly | 9.7% | 0.46 | -64.3% | 50.0% | 18 | -3.2% |
| 11 | QQE ✓ | Weekly | 10.6% | 0.46 | -66.1% | 43.5% | 108 | -2.3% |
| 12 | Williams %R ✓ | Daily | 8.5% | 0.45 | -54.2% | 69.8% | 245 | -4.5% |
| 13 | Stochastic RSI ✓ | Daily | 7.8% | 0.45 | -67.3% | 65.3% | 285 | -5.2% |
| 14 | QQE ✓ | Daily | 10.1% | 0.45 | -74.6% | 41.3% | 555 | -2.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on EOG Resources (EOG)
42 of 703 tested setups beat buy-and-hold on EOG Resources (EOG) outright. Another 123 could get there with leverage they would survive — but 255 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Zero-Lag MACD | 2 | none needed | 2.11× |
| QQE | 1 | 1.18× | 1.56× |
| Stochastic Momentum Index | 1 | 1.31× | 2.39× |
| CCI | 1 | 1.47× | 2.01× |
| Chaikin Volatility | 1 | 1.57× | 2.59× |
| Williams %R | 1 | 1.71× | 2.38× |
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 EOG Resources (EOG), DeMarker 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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