The best indicator for Diamondback Energy (FANG)
We backtested 20 indicators across daily, weekly and hourly charts on real Diamondback Energy (FANG) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Williams %R
On the weekly chart, this is the strongest risk-adjusted edge we found for Diamondback Energy (FANG) over ~13.7 years — trailing buy-and-hold by 10.0% CAGR.
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 | RSI Trend (>50) | Weekly | 15.3% | 0.62 | -48.3% | 36.8% | 38 | -6.2% |
| 2 | Williams %R ✓ | Weekly | 11.5% | 0.52 | -52.2% | 70.6% | 17 | -10.0% |
| 3 | WaveTrend (8/6/4) ✓ | Daily | 11.3% | 0.49 | -84.5% | 74.1% | 58 | -10.3% |
| 4 | Donchian Midline | Weekly | 10.6% | 0.49 | -56.9% | 40.0% | 45 | -10.9% |
| 5 | CCI ✓ | Daily | 10.6% | 0.48 | -80.3% | 76.4% | 72 | -11.1% |
| 6 | Holy Grail Confluence ✓ | Daily | 8.4% | 0.43 | -80.3% | 85.7% | 21 | -13.3% |
| 7 | Heikin-Ashi Trend | Weekly | 9.0% | 0.43 | -51.9% | 48.8% | 129 | -12.5% |
| 8 | MACD ✓ | Daily | 8.7% | 0.42 | -50.0% | 43.8% | 144 | -13.0% |
| 9 | Williams %R ✓ | Daily | 8.0% | 0.41 | -78.0% | 74.7% | 91 | -13.7% |
| 10 | Stochastic ✓ | Daily | 7.5% | 0.4 | -80.9% | 74.0% | 73 | -14.2% |
| 11 | Donchian Breakout ✓ | Weekly | 17.6% | 0.7 | -34.8% | 87.5% | 8 | -3.9% |
| 12 | Donchian Midline ✓ | Daily | 7.0% | 0.37 | -65.6% | 41.1% | 202 | -14.7% |
| 13 | Bollinger Breakout | Weekly | 8.0% | 0.46 | -42.3% | 58.3% | 12 | -13.4% |
| 14 | EMA 20/50 Cross | Daily | 6.7% | 0.36 | -65.1% | 27.3% | 44 | -15.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Diamondback Energy (FANG), Williams %R 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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