The best indicator for Silver (SI)
We backtested 20 indicators across daily, weekly and hourly charts on real Silver (SI) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
EMA 20/50 Cross
On the 1-hour chart, this is the strongest risk-adjusted edge we found for Silver (SI) over ~7.8 years — trailing buy-and-hold by 3.9% 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 | EMA 20/50 Cross ✓ | 1-Hour | 11.1% | 0.68 | -24.7% | 40.3% | 119 | -3.9% |
| 2 | MACD ✓ | 1-Hour | 9.0% | 0.62 | -22.8% | 40.5% | 486 | -6.0% |
| 3 | EMA 50/200 Cross ✓ | 1-Hour | 9.7% | 0.59 | -40.5% | 39.5% | 38 | -5.3% |
| 4 | Stochastic ✓ | Weekly | 8.2% | 0.55 | -41.4% | 89.7% | 39 | -2.5% |
| 5 | Williams %R ✓ | Weekly | 7.3% | 0.49 | -41.4% | 86.0% | 43 | -3.4% |
| 6 | SMA 50/200 Cross ✓ | Daily | 9.7% | 0.48 | -61.0% | 44.4% | 18 | -1.1% |
| 7 | SMA 50/200 Cross ✓ | 1-Hour | 6.9% | 0.44 | -46.6% | 41.9% | 43 | -8.0% |
| 8 | Rate of Change ✓ | Daily | 7.4% | 0.42 | -53.2% | 45.3% | 413 | -3.4% |
| 9 | EMA 50/200 Cross ✓ | Daily | 7.0% | 0.39 | -69.1% | 27.8% | 18 | -3.9% |
| 10 | WaveTrend (8/6/4) ✓ | Daily | 6.2% | 0.39 | -56.0% | 76.8% | 95 | -4.6% |
| 11 | MACD ✓ | Daily | 6.4% | 0.38 | -48.1% | 40.1% | 257 | -4.4% |
| 12 | EMA 20/50 Cross ✓ | Weekly | 7.2% | 0.4 | -71.1% | 28.6% | 14 | -3.5% |
| 13 | CCI ✓ | Daily | 5.3% | 0.36 | -64.6% | 74.6% | 126 | -5.5% |
| 14 | Bollinger Breakout ✓ | 1-Hour | 3.8% | 0.36 | -19.1% | 40.0% | 245 | -11.1% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Silver (SI), EMA 20/50 Cross on the 1-hour 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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