Torvix, I will be cautious at these levels - I run simple backtest with following rules - Buy: Daily GDX is down more than 5 percent and 60stochastic of GDX,SLV,GLD is less than 5 percent , Sell: after 1,2,3,4,5 days in trade. Image is selfexplanatory.

Can anybody explain GDX/NUGT/DUST action?  GDX down -0,18% / DUST up 0,4% / NUGT up  0,4%

Large drop in gold commercials net short.

Nice conclusion and of course recommendation !

Sorry - some explanation - candlestick chart is 15 min GDX overlaid by  50 and 100 EMA of GDX/GLD multiplied by 122.

No cross of EMA50 over EMA100 on 15 min chart.

Matt, very nice trade! I am up more then 6K on it. Thank you for sharing.

Nice bounce yesterday. STZ announcement this week may have spurred interest. 

Constellation Brands Acquires 9.9% of Canopy Growth Corporation for CAD $245M

Your entries are nice, but exits are incredible. Thank you for sharing your hard work and knowledge.

Sorry Sbaxman - I didn't provide complete setup yesterday: buy at close of the last day of the positive month (close>close[22]) and today close<today open. Exit at the close of next trading day. Average yearly return is 2.54%  with only -2.79% draw down and only 2 years with negative return (since 1995). Number of winners:77 average win:0.9% max consecutive winner 13. Number of losers:22 average loss:-0.57% max consecutive loser 3. If you interested I can send you report for this setup in html.

One more improvement -  witch nearly double all relevant parameters (profit factor, inverse drawdown...)  - instead close/close[1]<1 I use close/open<1.  

Very nice stats sbaxman! I try following - take only months with positive return (close/close[22]>1) and with negative last trading day (close/close[1]<1) I run this backtest on SPY since inception (1995) and result is quite good.

... and Oscar goes to .... GDX .

On the first image on the left you can see equity curve of strategy: buy open/ sell close. On the right you can see equity curve with drow down curve for buy close sell open.

On the second image you can see statistics and market regimes for buy close/sell open strategy.  

I add also graphs for yearly, monthly, weekly and daily statistics. On graphs there are also comparison between strategy and index yields. As you can see from market regimes there are only periods with very low volatility with negative yield (loss).

I will try to program the following : buy-> close[1]/sell -> open//short ->open/cover ->close. I think it will be stellar :-)

If somebody interested I can send trade list for further analysis!

SLV statistics

Sorry for the file format :-)

here's the image

http://s1.q4cdn.com/460208960/files/News/2017/April-17-2017_WEYL_Thompson.pdf

Reply: Still monitoring for Nasdaq Listing (see 10k) and Other Strategic deals that are not reflected in that report. 

Matt, is second entry in SPY pro triggered by signal or percentage decline?

Matt, what about exits - does all subsystems use the same logic?

Thank you for sharing!