The best indicator for Silver (SLV)
We backtested 382 indicators across daily, weekly and hourly charts on real Silver (SLV) history. Here's what actually worked — risk-adjusted, out-of-sample, with costs.
Bandpass Oscillator
On the daily chart, this is the strongest risk-adjusted edge we found for Silver (SLV) over ~20.1 years — beating buy-and-hold by 5.7% CAGR.
Best multi-indicator combo
Going long only when all 2 agree was the strongest confluence setup we found for Silver (SLV) — trailing buy-and-hold by 4.1% CAGR, out-of-sample. Fewer, higher-conviction trades than any single indicator.
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 | Bandpass Oscillator ✓ | Daily | 13.4% | 0.65 | -37.1% | 47.0% | 219 | 5.7% |
| 2 | Supertrend (7,2) ✓ | Daily | 11.0% | 0.57 | -42.8% | 39.7% | 141 | 3.2% |
| 3 | Rate of Change ✓ | Daily | 10.9% | 0.56 | -43.0% | 40.3% | 315 | 3.2% |
| 4 | Least Squares MA ✓ | Daily | 10.7% | 0.56 | -44.8% | 44.7% | 394 | 3.0% |
| 5 | Zero-Lag LSMA ✓ | Daily | 10.4% | 0.56 | -44.1% | 49.2% | 319 | 2.7% |
| 6 | Force Index ✓ | Daily | 10.0% | 0.55 | -51.0% | 40.9% | 276 | 2.3% |
| 7 | ZLEMA 100 Trend ✓ | Daily | 9.8% | 0.55 | -38.3% | 37.0% | 165 | 2.1% |
| 8 | LSMA 10/30 Cross ✓ | Daily | 10.2% | 0.54 | -40.1% | 43.8% | 203 | 2.5% |
| 9 | Hull MA 30 Trend ✓ | Daily | 9.4% | 0.54 | -37.1% | 43.2% | 294 | 1.7% |
| 10 | Hull MA 100 Trend ✓ | Daily | 9.6% | 0.54 | -40.8% | 41.9% | 136 | 1.9% |
| 11 | Stochastic RSI ✓ | Daily | 7.5% | 0.53 | -57.5% | 68.2% | 151 | -0.2% |
| 12 | Trend-Gated Asymmetric ✓ | Daily | 8.1% | 0.53 | -39.2% | 39.8% | 83 | 0.4% |
| 13 | Ehlers Reflex ✓ | Daily | 9.5% | 0.51 | -43.7% | 50.6% | 170 | 1.7% |
| 14 | Supertrend Fast (10,2) ✓ | Daily | 9.2% | 0.5 | -41.0% | 39.0% | 146 | 1.5% |
✓ = held up out-of-sample. Hypothetical, costs included. See methodology.
For Silver (SLV), Bandpass Oscillator 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.
More etf
Get alerted when Silver’s signal flips
We track Silver daily. Its backtested best indicator, Bandpass Oscillator (Daily), is long right now — we'll email you the moment that changes. Free, no spam, unsubscribe any time.