The best indicator for Texas Pacific Land Corporation (TPL)
We backtested 382 indicators across daily, weekly and hourly charts on real Texas Pacific Land Corporation (TPL) history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Texas Pacific Land Corporation (TPL) 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.
KAMA 100 Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Texas Pacific Land Corporation (TPL) over ~46.5 years — beating buy-and-hold by 3.8% CAGR.
Texas Pacific Land Corporation (TPL) on the daily 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 Texas Pacific Land Corporation (TPL) — beating buy-and-hold by 1.4% 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 | KAMA 100 Trend ✓ | Daily | 18.8% | 0.85 | -57.0% | 36.9% | 293 | 3.8% |
| 2 | WMA 20/50 Cross ✓ | Daily | 18.8% | 0.83 | -62.7% | 43.4% | 145 | 3.8% |
| 3 | Relative Volatility Index ✓ | Daily | 18.1% | 0.82 | -47.8% | 43.9% | 631 | 3.1% |
| 4 | DeMarker (21) ✓ | Daily | 18.6% | 0.82 | -52.6% | 43.0% | 426 | 3.6% |
| 5 | WMA 15/60 Cross ✓ | Daily | 18.6% | 0.82 | -54.9% | 46.2% | 145 | 3.6% |
| 6 | EMA 20/50 Cross ✓ | Daily | 18.4% | 0.81 | -57.3% | 41.6% | 89 | 3.4% |
| 7 | Donchian Breakout ✓ | Daily | 16.6% | 0.81 | -55.3% | 47.8% | 178 | 1.6% |
| 8 | Keltner Breakout ✓ | Daily | 14.3% | 0.81 | -39.7% | 45.2% | 177 | -0.6% |
| 9 | Guppy Multiple MA ✓ | Daily | 18.3% | 0.81 | -54.1% | 38.4% | 177 | 3.3% |
| 10 | Hull Suite ✓ | Daily | 17.5% | 0.81 | -44.3% | 44.6% | 258 | 2.5% |
| 11 | Instantaneous Trendline ✓ | Daily | 18.0% | 0.81 | -53.5% | 37.3% | 448 | 3.0% |
| 12 | SMC: Fair Value Gap ✓ | Daily | 18.2% | 0.81 | -51.1% | 39.3% | 697 | 3.3% |
| 13 | Pivot Point SuperTrend ✓ | Daily | 18.4% | 0.81 | -53.3% | 46.4% | 112 | 3.5% |
| 14 | Relative Momentum Index ✓ | Daily | 17.8% | 0.8 | -55.1% | 40.9% | 220 | 2.8% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Texas Pacific Land Corporation (TPL)
130 of 716 tested setups beat buy-and-hold on Texas Pacific Land Corporation (TPL) outright. Another 408 could get there with leverage they would survive — but 148 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Sine-Weighted MA | 2 | 1.09× | 1.97× |
| Price Volume Trend | 2 | none needed | 2.0× |
| Ehlers Decycler | 2 | none needed | 2.04× |
| Disparity (20) | 2 | none needed | 2.02× |
| Volume-Weighted EMA | 1 | 1.0× | 2.16× |
| CCI Trend | 1 | 1.01× | 2.19× |
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 Texas Pacific Land Corporation (TPL), KAMA 100 Trend on the daily timeframe gave the best balance of return and risk in our test. It beat buy-and-hold — 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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