The best indicator for Schlumberger (SLB)
We backtested 20 indicators across daily, weekly and hourly charts on real Schlumberger (SLB) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 50/200 Cross
On the daily chart, this is the strongest risk-adjusted edge we found for Schlumberger (SLB) over ~44.4 years — beating buy-and-hold by 0.3% 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 | EMA 50/200 Cross ✓ | Daily | 5.9% | 0.35 | -57.2% | 42.4% | 33 | 0.3% |
| 2 | EMA 20/50 Cross ✓ | Weekly | 4.9% | 0.32 | -66.2% | 36.8% | 19 | -0.6% |
| 3 | Williams %R ✓ | Weekly | 4.4% | 0.3 | -61.9% | 73.3% | 60 | -1.2% |
| 4 | SMA 50/200 Cross ✓ | Daily | 4.2% | 0.29 | -70.1% | 46.7% | 30 | -1.4% |
| 5 | Stochastic | Daily | 4.0% | 0.28 | -84.7% | 67.9% | 240 | -1.6% |
| 6 | Bollinger Breakout ✓ | Weekly | 3.3% | 0.27 | -43.4% | 46.7% | 45 | -2.2% |
| 7 | CCI ✓ | Daily | 3.3% | 0.26 | -73.9% | 66.5% | 218 | -2.3% |
| 8 | Williams %R | Daily | 2.9% | 0.24 | -84.3% | 66.4% | 307 | -2.7% |
| 9 | Money Flow Index ✓ | Daily | 2.8% | 0.24 | -73.7% | 66.7% | 39 | -2.7% |
| 10 | MACD | Weekly | 2.7% | 0.23 | -76.9% | 39.4% | 94 | -2.8% |
| 11 | Bollinger Mean-Reversion | Daily | 2.4% | 0.22 | -80.7% | 62.2% | 185 | -3.2% |
| 12 | Donchian Breakout ✓ | Weekly | 2.3% | 0.21 | -54.4% | 39.5% | 38 | -3.3% |
| 13 | CCI ✓ | Weekly | 2.3% | 0.21 | -61.9% | 81.4% | 43 | -3.3% |
| 14 | RSI Mean-Reversion ✓ | Weekly | 2.7% | 0.25 | -31.1% | 91.7% | 12 | -2.9% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Schlumberger (SLB), EMA 50/200 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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