| MAR 1987
Profitability of selected technical indicators: Silver by Thomas P. Drinka and Steven L. Kille
Profitability of selected technical indicators: Silver by Thomas P. Drinka and Steven L. Kille In previous issues of this magazine, we reported the results of applying moving averages, momentum, %R, and Relative Strength Index (RSI) to Chicago Board of Trade corn and long-term U.S. Treasury bond futures. The formulas and use of these popular technical indicators were reviewed. In this issue, we report similar information for Commodity Exchange of New York (COMEX) silver. Trading was simulated on the 1981-1985 March, May, July, September, and December contracts. The simulations were conducted on the nearby contract only, with rollover occurring on the first trading day of the expiration month we present trading results for the period of December 2, 1980, through December 1, 1985. Trades were made at the open, and a $100 commission was charged per turn.
by Thomas P. Drinka and Steven L. Kille
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