Gold Silver Ratio based on SMA
The gold-silver ratio helps traders to better understand the state of the precious metals market and some other aspects of the world economy. Did you know that the natural ratio of gold to silver on Earth is 17:1? Some traders look at this indicator to determine if one commodity is over or undervalued in relation to the other. This Laplacianlab's variant is calculated on the simple moving averages of both commodities. The screenshots show the gold-silver ratio on D1 and H4 timeframes.