The best indicator for Texas Pacific Land Corporation (TPL)
We backtested 20 indicators across daily, weekly and hourly charts on real Texas Pacific Land Corporation (TPL) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Donchian Breakout
On the daily chart, this is the strongest risk-adjusted edge we found for Texas Pacific Land Corporation (TPL) over ~46.2 years — beating buy-and-hold by 1.6% 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 | Donchian Breakout ✓ | Daily | 17.2% | 0.83 | -55.3% | 49.1% | 173 | 1.6% |
| 2 | EMA 20/50 Cross ✓ | Daily | 18.6% | 0.82 | -57.3% | 42.0% | 88 | 3.1% |
| 3 | Bollinger Breakout ✓ | Daily | 13.7% | 0.75 | -53.5% | 48.4% | 213 | -1.8% |
| 4 | Donchian Midline ✓ | Weekly | 16.6% | 0.73 | -48.2% | 46.5% | 101 | 1.1% |
| 5 | ADX / DMI ✓ | Daily | 13.3% | 0.72 | -49.8% | 42.9% | 301 | -2.2% |
| 6 | Rate of Change ✓ | Weekly | 16.4% | 0.7 | -61.2% | 43.4% | 122 | 0.9% |
| 7 | EMA-10 Trend ✓ | Weekly | 15.7% | 0.69 | -54.6% | 49.7% | 199 | 0.2% |
| 8 | RSI Trend (>50) ✓ | Daily | 14.1% | 0.67 | -62.9% | 38.5% | 595 | -1.4% |
| 9 | Rate of Change ✓ | Daily | 13.6% | 0.66 | -67.8% | 39.8% | 739 | -1.9% |
| 10 | Donchian Midline ✓ | Daily | 14.1% | 0.66 | -61.4% | 37.0% | 592 | -1.5% |
| 11 | MACD ✓ | Weekly | 14.3% | 0.65 | -65.5% | 51.9% | 79 | -1.2% |
| 12 | Bollinger Breakout ✓ | Weekly | 12.6% | 0.64 | -45.3% | 54.5% | 44 | -2.9% |
| 13 | RSI Trend (>50) ✓ | Weekly | 13.9% | 0.63 | -50.8% | 42.0% | 112 | -1.6% |
| 14 | EMA-10 Trend ✓ | Daily | 12.9% | 0.62 | -67.7% | 39.8% | 1000 | -2.6% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Texas Pacific Land Corporation (TPL), Donchian Breakout 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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