Last Updated on 13 July, 2021 by Samuelsson
Shorting the Silver Miners ETF (SIL)
Shorting the silver miner ETF (SIL) can be very profitable. Here is an edge with only 2 conditions, resulting in a profit factor of more than 7!
A Closer Look
In trading, the simplest logics, often work the best!
This edge in the silver miner ETF (SIL) indeed is simple. It’s an overnight edge, which means that it enters on the close of a bar, and exits on the open.
The edge is composed of:
- A Recurrent Pattern
- A Range Filter