The best indicator for Platinum (PL)
We backtested 20 indicators across daily, weekly and hourly charts on real Platinum (PL) 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 Platinum (PL) over ~26.4 years — trailing buy-and-hold by 1.1% 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 | Williams %R ✓ | Weekly | 4.7% | 0.39 | -32.6% | 73.8% | 42 | -1.1% |
| 2 | CCI ✓ | Weekly | 3.9% | 0.34 | -35.0% | 84.6% | 26 | -2.0% |
| 3 | WaveTrend (8/6/4) ✓ | Weekly | 3.6% | 0.31 | -36.8% | 50.0% | 18 | -2.2% |
| 4 | ADX / DMI ✓ | Weekly | 3.4% | 0.28 | -53.6% | 51.6% | 31 | -2.4% |
| 5 | MACD ✓ | Daily | 3.6% | 0.27 | -56.0% | 38.7% | 256 | -2.4% |
| 6 | EMA 20/50 Cross ✓ | Daily | 3.2% | 0.25 | -73.3% | 28.6% | 63 | -2.8% |
| 7 | Bollinger Mean-Reversion ✓ | Weekly | 2.4% | 0.26 | -29.4% | 71.4% | 14 | -3.4% |
| 8 | Rate of Change ✓ | Weekly | 2.2% | 0.21 | -73.4% | 41.8% | 98 | -3.6% |
| 9 | Heikin-Ashi Trend ✓ | Weekly | 2.2% | 0.21 | -60.6% | 47.4% | 270 | -3.6% |
| 10 | CCI ✓ | Daily | 1.9% | 0.2 | -71.8% | 67.7% | 130 | -4.0% |
| 11 | WaveTrend (8/6/4) ✓ | Daily | 1.8% | 0.2 | -62.1% | 63.8% | 94 | -4.2% |
| 12 | Rate of Change ✓ | Daily | 1.9% | 0.2 | -65.3% | 40.7% | 413 | -4.1% |
| 13 | MACD ✓ | Weekly | 2.0% | 0.2 | -74.8% | 40.3% | 62 | -3.8% |
| 14 | EMA 50/200 Cross ✓ | Daily | 1.4% | 0.19 | -86.7% | 27.8% | 18 | -4.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Platinum (PL), 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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