About this service
How does the system work?
The SLV:GLD RSI as disclosed on this website, is an experimental trading-system, which generates signals (buys and corresponding sells) for silver.
It first calculates the ratio of silver to gold. From this ratio it then calculates the RSI.
If the RSI crosses above the lower limit it will generate a buy signal, if the RSI crosses below the upper limit it will generate a sell signal.
As this system only works if the prices for precious metals are uptrending buy signals will only be generated if the gold price is higher than his 200 day moving average.
Can I get rich trading this signals?
Probably not, on the long run the chances that you will lose money are as big that you win some money. This system is experimental and only for educational purpose. At the first look the results might be good, but if you compare this system to a
simple buy and hold strategy the results are not so great anymore.
And always remember that past perfomance is no guarantee of future results.