The best indicator for Schlumberger (SLB)
We backtested 382 indicators across daily, weekly and hourly charts on real Schlumberger (SLB) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Schlumberger (SLB) 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.
Laguerre RSI
On the weekly chart, this is the strongest risk-adjusted edge we found for Schlumberger (SLB) over ~44.9 years — trailing buy-and-hold by 0.2% CAGR.
Schlumberger (SLB) 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 Schlumberger (SLB) — trailing buy-and-hold by 4.7% 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 | Camarilla Pivots | Weekly | 8.7% | 0.49 | -85.4% | 52.8% | 492 | 3.5% |
| 2 | Fibonacci Pivots | Weekly | 7.9% | 0.47 | -85.7% | 53.6% | 379 | 2.6% |
| 3 | Pivot Points (Standard) | Weekly | 7.3% | 0.45 | -86.1% | 53.3% | 349 | 2.0% |
| 4 | Projection Bands | Daily | 6.8% | 0.4 | -88.1% | 63.6% | 423 | 1.5% |
| 5 | Laguerre RSI ✓ | Weekly | 5.0% | 0.4 | -45.6% | 76.5% | 68 | -0.2% |
| 6 | Connors RSI-2 | Daily | 5.7% | 0.37 | -90.0% | 63.1% | 539 | 0.3% |
| 7 | SMA 15/60 Cross ✓ | Weekly | 6.2% | 0.37 | -55.9% | 50.0% | 18 | 0.9% |
| 8 | Murrey Math Lines ✓ | Daily | 6.1% | 0.36 | -75.6% | 78.2% | 142 | 0.8% |
| 9 | Intraday Momentum Index ✓ | Weekly | 5.7% | 0.36 | -51.5% | 80.0% | 25 | 0.4% |
| 10 | Ehlers Reflex ✓ | Weekly | 5.8% | 0.36 | -73.7% | 50.6% | 79 | 0.5% |
| 11 | Supertrend (14,4) ✓ | Weekly | 6.0% | 0.36 | -49.0% | 53.3% | 15 | 0.7% |
| 12 | MA Envelope | Daily | 5.8% | 0.35 | -82.9% | 66.5% | 346 | 0.5% |
| 13 | FRAMA 10/30 Cross ✓ | Weekly | 5.6% | 0.35 | -53.1% | 55.7% | 174 | 0.4% |
| 14 | Pivot Point SuperTrend ✓ | Weekly | 5.7% | 0.35 | -53.7% | 46.7% | 15 | 0.4% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
The question doesn't apply here. Buy-and-hold on Schlumberger (SLB) lost money across the out-of-sample window in 710 of 710 tests, so there is no positive benchmark to lever toward — clearing a negative bar is a much weaker claim than beating a real one, and we keep the two apart rather than counting it as a win. How we compute that
For Schlumberger (SLB), Laguerre RSI 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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