The best indicator for Oil & Gas
We backtested 382 indicators across daily, weekly and hourly charts on real Oil & Gas history. Here's what actually worked — risk-adjusted over the full backtest, with costs, and checked out-of-sample.
Where Oil & Gas 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.
DEMA 10/30 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for Oil & Gas over ~20.2 years — beating buy-and-hold by 7.2% CAGR.
Oil & Gas 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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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 | DEMA 10/30 Cross ✓ | Daily | 9.9% | 0.49 | -57.3% | 47.9% | 142 | 7.2% |
| 2 | Standard Error Bands ✓ | Daily | 3.6% | 0.46 | -19.3% | 66.7% | 36 | 0.9% |
| 3 | FRAMA 10/30 Cross ✓ | Weekly | 8.5% | 0.46 | -39.3% | 61.3% | 75 | 6.0% |
| 4 | Price Momentum Oscillator ✓ | Daily | 8.2% | 0.43 | -67.6% | 45.3% | 139 | 5.5% |
| 5 | FRAMA 30 Trend ✓ | Weekly | 7.3% | 0.43 | -50.8% | 44.4% | 99 | 4.9% |
| 6 | Chaikin Money Flow ✓ | Weekly | 7.5% | 0.42 | -42.2% | 44.4% | 45 | 5.1% |
| 7 | McGinley 30 Trend ✓ | Weekly | 8.4% | 0.42 | -45.2% | 40.0% | 20 | 5.9% |
| 8 | EMA 9/26 Cross ✓ | Weekly | 6.7% | 0.4 | -45.1% | 41.2% | 17 | 4.3% |
| 9 | TEMA 20/50 Cross ✓ | Daily | 6.8% | 0.38 | -53.0% | 42.0% | 112 | 4.1% |
| 10 | Ease of Movement ✓ | Daily | 6.5% | 0.38 | -56.9% | 47.1% | 240 | 3.8% |
| 11 | McGinley 100 Trend ✓ | Daily | 6.9% | 0.38 | -51.1% | 27.9% | 61 | 4.2% |
| 12 | EMA 10/40 Cross ✓ | Weekly | 7.7% | 0.43 | -43.9% | 46.2% | 13 | 5.2% |
| 13 | EMA 30 Trend ✓ | Daily | 6.3% | 0.37 | -41.8% | 38.2% | 267 | 3.6% |
| 14 | Hull MA 100 Trend ✓ | Daily | 5.8% | 0.37 | -45.5% | 43.2% | 146 | 3.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
What it would take to beat buy & hold on Oil & Gas
5 of 633 tested setups beat buy-and-hold on Oil & Gas outright. Another 187 could get there with leverage they would survive — but 337 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Connors RSI | 1 | 2.77× | 5.19× |
| QQE | 1 | none needed | 2.49× |
| DEMA 10/30 Cross | 1 | none needed | 2.53× |
| Parabolic SAR (fast) | 1 | none needed | 2.43× |
| Price Momentum Oscillator | 1 | none needed | 2.35× |
| Chaikin Volatility | — | 1.75× | 3.48× |
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 Oil & Gas, DEMA 10/30 Cross 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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