The best indicator for Globe Life (GL)
We backtested 382 indicators across daily, weekly and hourly charts on real Globe Life (GL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Globe Life (GL) 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.
TRIMA 30 Trend
On the weekly chart, this is the strongest risk-adjusted edge we found for Globe Life (GL) over ~45.8 years — trailing buy-and-hold by 2.7% CAGR.
Globe Life (GL) 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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Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Globe Life (GL) — trailing buy-and-hold by 2.9% 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 | TRIMA 30 Trend ✓ | Weekly | 8.3% | 0.59 | -38.3% | 51.4% | 72 | -2.7% |
| 2 | McGinley Dynamic ✓ | Daily | 10.5% | 0.57 | -65.8% | 41.5% | 585 | -0.5% |
| 3 | QQE ✓ | Daily | 12.9% | 0.57 | -71.8% | 46.7% | 670 | 1.9% |
| 4 | Chande-Kroll Stop (fast) ✓ | Weekly | 11.4% | 0.57 | -66.6% | 53.1% | 130 | 0.4% |
| 5 | McGinley 30 Trend ✓ | Daily | 9.9% | 0.55 | -56.9% | 35.4% | 381 | -1.1% |
| 6 | Supertrend (10,3) ✓ | Weekly | 8.9% | 0.55 | -53.1% | 69.0% | 29 | -2.1% |
| 7 | Linear Regression Slope ✓ | Weekly | 8.9% | 0.55 | -53.5% | 55.2% | 58 | -2.1% |
| 8 | QQE ✓ | Weekly | 11.9% | 0.55 | -63.4% | 53.8% | 130 | 0.9% |
| 9 | Correlation Trend ✓ | Weekly | 8.9% | 0.55 | -53.5% | 55.2% | 58 | -2.1% |
| 10 | Std Error Channel ✓ | Weekly | 8.1% | 0.55 | -47.4% | 54.2% | 96 | -2.9% |
| 11 | Stochastic Momentum Index ✓ | Weekly | 6.7% | 0.54 | -31.2% | 83.3% | 36 | -4.4% |
| 12 | Deviation-Scaled MA ✓ | Weekly | 9.1% | 0.54 | -44.3% | 48.4% | 250 | -1.9% |
| 13 | Parabolic SAR (fast) ✓ | Weekly | 8.7% | 0.54 | -45.8% | 52.8% | 180 | -2.3% |
| 14 | Volatility Stop (ATR) ✓ | Weekly | 9.2% | 0.54 | -56.7% | 58.7% | 63 | -1.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Globe Life (GL)
3 of 698 tested setups beat buy-and-hold on Globe Life (GL) outright. Another 249 could get there with leverage they would survive — but 295 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| QQE | 2 | none needed | 2.71× |
| Chande-Kroll Stop (fast) | 1 | none needed | 2.83× |
| FRAMA 10/30 Cross | — | 1.19× | 3.61× |
| Chande Kroll Stop | — | 1.2× | 2.42× |
| McGinley Dynamic | — | 1.21× | 2.45× |
| Relative Volatility Index | — | 1.49× | 2.86× |
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 Globe Life (GL), TRIMA 30 Trend on the weekly 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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