SMA Crossover for XAGUSD (Silver)

The classic golden-cross / death-cross signal — slower than EMAs, fewer false positives.

Why SMA Crossover Works on XAGUSD

The SMA crossover uses simple moving averages instead of exponential. The signal is slower to fire (good — fewer whipsaws) but slower to exit (bad — bigger giveback). The 50/200 SMA cross is the textbook "golden cross" signal used by every CNBC anchor for a reason: on daily charts of major indices, it actually works.

Silver (XAGUSD) is more volatile than gold with sharper retracements. Mean-reversion and breakout strategies tend to outperform trend-following on lower timeframes.

Commodities like gold and silver have well-defined fundamental drivers — central bank policy, real yields, USD strength. Combined with the technical setup below, this gives the strategy two independent edges.

Pine Script Source

Copy this into PineForge — backtest on XAGUSD or any supported symbol, then deploy as a live bot.

//@version=5
strategy("SMA Crossover 50/200", overlay=true)

fast_sma = ta.sma(close, 50)
slow_sma = ta.sma(close, 200)

if ta.crossover(fast_sma, slow_sma)
    strategy.entry("Long", strategy.long)

if ta.crossunder(fast_sma, slow_sma)
    strategy.close("Long")