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, out-of-sample, with costs.
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 ~20.0 years — beating buy-and-hold by 7.4% 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 | 9.3% | 0.47 | -57.3% | 47.1% | 140 | 7.4% |
| 2 | FRAMA 10/30 Cross ✓ | Weekly | 8.6% | 0.46 | -39.3% | 62.2% | 74 | 6.9% |
| 3 | Standard Error Bands ✓ | Daily | 3.4% | 0.43 | -19.3% | 65.7% | 35 | 1.4% |
| 4 | Price Momentum Oscillator ✓ | Daily | 7.7% | 0.42 | -67.6% | 44.5% | 137 | 5.8% |
| 5 | Chaikin Money Flow ✓ | Weekly | 7.1% | 0.41 | -42.2% | 45.5% | 44 | 5.4% |
| 6 | FRAMA 30 Trend ✓ | Weekly | 6.9% | 0.41 | -49.5% | 43.4% | 99 | 5.2% |
| 7 | McGinley 30 Trend ✓ | Weekly | 7.6% | 0.4 | -45.1% | 40.0% | 20 | 5.9% |
| 8 | Hull MA 100 Trend ✓ | Weekly | 5.6% | 0.39 | -38.0% | 41.4% | 29 | 3.9% |
| 9 | EMA 10/40 Cross ✓ | Weekly | 6.8% | 0.4 | -43.9% | 50.0% | 14 | 5.1% |
| 10 | EMA 30 Trend ✓ | Daily | 6.2% | 0.37 | -41.8% | 37.9% | 264 | 4.2% |
| 11 | EMA 9/26 Cross ✓ | Weekly | 6.0% | 0.37 | -45.1% | 41.2% | 17 | 4.3% |
| 12 | Ease of Movement ✓ | Daily | 6.1% | 0.36 | -56.9% | 46.6% | 238 | 4.1% |
| 13 | TEMA 20/50 Cross ✓ | Daily | 6.0% | 0.35 | -53.0% | 41.4% | 111 | 4.0% |
| 14 | Hull MA 100 Trend ✓ | Daily | 5.2% | 0.35 | -45.5% | 42.8% | 145 | 3.3% |
✓ = 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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