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The best indicator for Occidental Petroleum (OXY)

We backtested 20 indicators across daily, weekly and hourly charts on real Occidental Petroleum (OXY) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.

Volume · Daily

Money Flow Index

On the daily chart, this is the strongest risk-adjusted edge we found for Occidental Petroleum (OXY) over ~44.4 years — beating buy-and-hold by 1.3% CAGR.

9.6%
CAGR
0.52
Sharpe
-40.7%
Max DD
77.1%
Win rate
5.57
Profit factor
+1.3%
vs Buy&Hold
Best by timeframe

The winner on each chart

Daily
Money Flow Index
+1.3% · Sharpe 0.52
Weekly
EMA 20/50 Cross
-3.0% · Sharpe 0.33
Full results

Every indicator, ranked

Ranked by Sharpe (risk-adjusted return). Hypothetical, fees included.

#IndicatorTFCAGRSharpeMax DDWinTradesvs B&H
1Money Flow Index Daily9.6%0.52-40.7%77.1%481.3%
2EMA 50/200 Cross Daily7.3%0.41-50.7%52.0%25-1.1%
3SMA 50/200 Cross Daily6.2%0.37-61.2%47.1%34-2.1%
4CCI Daily5.7%0.37-62.0%68.5%219-2.6%
5RSI Mean-Reversion Daily4.1%0.33-34.1%69.2%65-4.2%
6EMA 20/50 Cross Weekly5.2%0.33-69.0%44.4%18-3.0%
7EMA 20/50 Cross Daily5.0%0.32-70.5%36.0%111-3.4%
8CCI Weekly4.3%0.3-60.1%76.7%43-3.9%
9Donchian Breakout Weekly4.0%0.29-58.8%44.4%36-4.3%
10RSI Trend (>50) Weekly3.9%0.28-64.3%47.6%147-4.3%
11WaveTrend (8/6/4)Weekly3.7%0.27-86.2%79.4%34-4.6%
12Holy Grail Confluence Daily3.2%0.26-76.6%70.8%65-5.1%
13Bollinger Breakout Weekly3.2%0.26-36.7%50.0%44-5.1%
14Stochastic Daily2.8%0.24-79.9%63.8%218-5.5%

= held up out-of-sample. Hypothetical, costs included. See methodology.

What this means

For Occidental Petroleum (OXY), Money Flow Index 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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