The best indicator for Platinum (PL)
We backtested 382 indicators across daily, weekly and hourly charts on real Platinum (PL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Where Platinum (PL) 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.
Elder-Ray
On the weekly chart, this is the strongest risk-adjusted edge we found for Platinum (PL) over ~26.4 years — trailing buy-and-hold by 3.1% CAGR.
Platinum (PL) 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.
Chart by TradingView. Loading it contacts tradingview.com, which may set its own cookies — see our privacy policy.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Platinum (PL) — trailing buy-and-hold by 0.7% 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 | Elder-Ray ✓ | Weekly | 2.7% | 0.47 | -10.1% | 45.5% | 88 | -3.1% |
| 2 | Murrey Math Lines ✓ | Weekly | 6.2% | 0.47 | -38.7% | 88.9% | 18 | 0.4% |
| 3 | Stochastic ✓ | Weekly | 6.0% | 0.45 | -35.0% | 78.1% | 32 | 0.2% |
| 4 | Bullish Engulfing ✓ | Weekly | 5.5% | 0.45 | -30.7% | 61.5% | 52 | -0.4% |
| 5 | On-Balance Volume ✓ | Daily | 7.2% | 0.43 | -43.5% | 45.1% | 142 | 1.2% |
| 6 | Trade Volume Index ✓ | Daily | 7.3% | 0.43 | -43.5% | 45.7% | 140 | 1.3% |
| 7 | Zero-Lag MACD ✓ | Weekly | 6.8% | 0.43 | -44.8% | 46.6% | 118 | 1.0% |
| 8 | Zero-Lag MACD ✓ | Weekly | 6.8% | 0.43 | -44.8% | 46.6% | 118 | 1.0% |
| 9 | TEMA 20/50 Cross ✓ | Daily | 7.2% | 0.42 | -47.6% | 44.0% | 141 | 1.2% |
| 10 | Ease of Movement ✓ | Weekly | 4.5% | 0.41 | -26.9% | 58.1% | 31 | -1.3% |
| 11 | Fisher Center-of-Gravity ✓ | Weekly | 5.3% | 0.41 | -40.7% | 51.8% | 141 | -0.6% |
| 12 | SMC: Liquidity Sweep ✓ | Weekly | 5.7% | 0.41 | -35.0% | 83.3% | 18 | -0.1% |
| 13 | Williams %R ✓ | Weekly | 4.7% | 0.39 | -32.6% | 73.8% | 42 | -1.1% |
| 14 | Trade Volume Index ✓ | Weekly | 6.3% | 0.39 | -65.3% | 41.3% | 46 | 0.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Platinum (PL)
13 of 667 tested setups beat buy-and-hold on Platinum (PL) outright. Another 97 could get there with leverage they would survive — but 154 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Zero-Lag MACD | 2 | 1.09× | 3.29× |
| Fisher Center-of-Gravity | 1 | 1.37× | 2.79× |
| Stochastic | 1 | 1.61× | 3.77× |
| MA Envelope | 1 | 1.63× | 2.97× |
| Detrended Price Osc. | 1 | 1.97× | 3.46× |
| On-Balance Volume | 1 | none needed | 2.44× |
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 Platinum (PL), Elder-Ray 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.
More commodity
Get alerted when Platinum’s signal flips
We track Platinum daily. Its backtested best indicator, Elder-Ray (Weekly), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.