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.
Where Silver (SLV) stands
Computed from our own daily OHLCV history, not quoted from a third party. Moving averages use closing prices; "52-week" is the last 252 trading sessions.
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.
Silver (SLV) on the daily chart
The timeframe our backtest found best for this asset. The chart is live market data; the results above are hypothetical and historical.
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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.
What it would take to beat buy & hold on Silver (SLV)
1 of 637 tested setups beat buy-and-hold on Silver (SLV) outright. Another 302 could get there with leverage they would survive — but 305 would be liquidated by their own drawdown before they caught it.
| Indicator | Beats B&H unlevered | Leverage needed | Leverage survived |
|---|---|---|---|
| Bandpass Oscillator | 1 | 1.81× | 2.7× |
| QQE | — | 1.14× | 2.49× |
| Stochastic Slow (21,5) | — | 1.23× | 3.15× |
| Relative Vigor Index | — | 1.26× | 3.58× |
| ROC (30) | — | 1.26× | 2.39× |
| CMO (30) | — | 1.26× | 2.39× |
Out-of-sample, costs included. A setup is only listed if the leverage it needs is less than the leverage its own worst drawdown survives — when it isn't, no amount of leverage gets there. Volatility drag isn't modelled, so these are the optimistic case. Every indicator, ranked this way
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.
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