Trade Silver (XAG/USD) with a bot
On AlgoBars you can build a Silver (XAG/USD) trading bot in plain English, with no-code blocks or in AlgoBarsX, backtest it free and run it 24/7 on AlgoBars servers without a VPS. One standard lot of XAGUSD on AlgoBars is 5,000 ounces. A $0.01 move is worth $50 per lot. Silver is mostly moved by the same forces as gold, plus industrial demand.
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Key facts
From the AlgoBars market list. Contract sizes and hours can differ at your broker.
| Silver (XAG/USD) | |
|---|---|
| Symbol on AlgoBars | XAGUSD |
| Standard lot | 5,000 ounces |
| Value of a move | A $0.01 move is worth $50 per lot. |
| When it trades | Trades almost 24 hours a day on weekdays, with a short daily break; exact hours depend on your broker. |
| What moves it | The same forces as gold, plus industrial demand. |
How to automate Silver
- Describe your idea in plain English, or use no-code blocks or AlgoBarsX.
- Backtest it free, then walk-forward test it on data it has not seen.
- Set risk per trade and a daily loss limit.
- Switch it on. It runs 24/7 on your connected broker.
Useful tools
Good to know
Trading involves significant risk of loss. Leveraged products can move against you quickly. Nothing here is financial advice.
Frequently asked questions
How much is one lot of Silver worth per move?
A $0.01 move is worth $50 per lot.
Can I automate Silver trading for free?
Yes. Building and backtesting bots is free, and automation on integrated brokers is free.
When does Silver trade?
Trades almost 24 hours a day on weekdays, with a short daily break; exact hours depend on your broker.