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.
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.
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.
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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