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.
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.
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.
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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