Trading indicator
Open vs CloseBacktest results
| Position | Trades | Duration | Win rate | Win/loss | Avg win | Avg loss | Return |
| Long | 10 | 4.5 | 20% | 25% | 1.6% | -0.8% | -3.4% |
|---|---|---|---|---|---|---|---|
| Short | 5 | 4.2 | 40% | 67% | 1.9% | -3.2% | -5.9% |
Trading Performance
Open vs Close
Score
-2.2
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 64 | 4.5 | 0.30% | 0.37% | 2.5% | -1.5% | -28.4% |
| SHORT | 63 | 5.6 | 0.30% | 0.39% | 1.0% | -1.3% | -43.5% |
Summary
Technical Analysis
The opening and closing bar positions can add depth to assess whether buyers of sellers commitment is changing and thus which side is in control at the close of the trading session.
Calculation: Open Today Versus Close Today (OTCT):
1) If the market opens near the low and closes near the high the buyers have had control during the entire day;
2) If the market opens near the high and closes near the low the sellers have had control during the entire day;
3) If the market opens near one extreme of the range and closes near the middle of the range the side who started in control has lost commitment;
4) If the market opens near one extreme and closes near the same extreme the side who started in control has lost control;
5) If the market opens near the middle of the range and closes near one extreme control has swung to the buyers;
6) If the close is near the high and if the close is near the low the control has swung to the sellers;
7) If the market opens near the middle of the range and closes similarly neither side is strongly committed;
PROFILE: Asia Pacific Data Centre (AJD.AX)
Stock Exchange: ASX
Company: Asia Pacific Data Centre
Ticker Codes: | AJD.AX | ASX:AJD |
APDC is a special purpose real estate investment trust (REIT) which has been established to own properties (land and buildings) that are operated or being developed as data centres. APDC has been established with the intention of providing investors with a stable income via quarterly distributions of cash flows and the potential for capital growth by investing in assets in a high growth and developing industry.
Top 10:
Open vs Close
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| COE Cooper Energy | 0.44 | 10.1 | 1,603,506 | 0 | NEUTRAL |
| PAC Pacsoft | 5.35 | 8.7 | 21,594 | 0 | NEUTRAL |
| KDR Kidman Resources | 1.08 | 8.5 | 2,235,669 | 0 | NEUTRAL |
| KSL Kina Securities | 0.92 | 7 | 78,209 | 0 | NEUTRAL |
| BRN Brainchip Holdings | 0.1 | 6.5 | 1,049,361 | 0 | NEUTRAL |
| SAS Sky And Space Global | 0.05 | 6.3 | 959,336 | 0 | NEUTRAL |
| ADA Adacel Technologies | 0.65 | 5.7 | 24,466 | 0 | NEUTRAL |
| ISU Iselect | 0.77 | 5.5 | 45,694 | 0 | NEUTRAL |
| ADH Adairs | 1.82 | 5.2 | 233,233 | 0 | NEUTRAL |
| QMS Qms Media | 0.85 | 4.9 | 66,008 | 0 | NEUTRAL |