The best indicator for Palantir Technologies (PLTR)
We backtested 20 indicators across daily, weekly and hourly charts on real Palantir Technologies (PLTR) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Heikin-Ashi Trend
On the daily chart, this is the strongest risk-adjusted edge we found for Palantir Technologies (PLTR) over ~5.7 years — trailing buy-and-hold by 10.9% 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 | Heikin-Ashi Trend ✓ | Daily | 49.0% | 1.04 | -70.3% | 44.9% | 272 | -10.9% |
| 2 | EMA-10 Trend ✓ | Daily | 50.4% | 1.04 | -50.1% | 43.1% | 123 | -9.5% |
| 3 | RSI Trend (>50) ✓ | Daily | 45.7% | 0.97 | -46.7% | 38.6% | 70 | -14.2% |
| 4 | Rate of Change ✓ | Daily | 44.2% | 0.95 | -56.2% | 43.2% | 88 | -15.7% |
| 5 | Heikin-Ashi Trend ✓ | Weekly | 35.5% | 0.81 | -50.3% | 51.0% | 51 | -24.7% |
| 6 | Donchian Midline ✓ | Daily | 30.4% | 0.78 | -67.6% | 37.1% | 70 | -29.5% |
| 7 | ADX / DMI ✓ | Daily | 26.8% | 0.74 | -53.0% | 58.8% | 34 | -33.1% |
| 8 | Rate of Change ✓ | Weekly | 26.0% | 0.7 | -55.3% | 37.5% | 16 | -34.2% |
| 9 | RSI Trend (>50) ✓ | Weekly | 25.5% | 0.67 | -70.2% | 46.7% | 15 | -34.6% |
| 10 | MACD ✓ | Daily | 15.3% | 0.53 | -76.6% | 46.4% | 56 | -44.6% |
| 11 | EMA 20/50 Cross ✓ | Daily | 20.3% | 0.61 | -66.9% | 23.1% | 13 | -39.6% |
| 12 | WaveTrend (8/6/4) ✓ | Daily | 13.5% | 0.5 | -73.9% | 66.7% | 21 | -46.4% |
| 13 | EMA-10 Trend ✓ | Weekly | 12.8% | 0.48 | -64.9% | 35.7% | 28 | -47.3% |
| 14 | Donchian Breakout ✓ | Daily | 11.9% | 0.47 | -59.7% | 34.6% | 26 | -48.0% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Palantir Technologies (PLTR), Heikin-Ashi Trend on the daily 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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