What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade setup

Position Order Entry Exit Stop Loss Risk Return Expectancy
Long 10 4.5 20% 25% 1.6% -0.8% -3.4%
Short 5 4.2 40% 67% 1.9% -3.2% -5.9%

What indicators would you like to backtest?

Candlestick Daily volume index Bar reversal Edit

Backtest 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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Demark's Pivot Points

Score

0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 129 3.6 0.54% 1.15% 2.7% -2.0% 70.3%
SHORT 128 4.0 0.38% 0.60% 3.5% -2.5% -36.3%

Summary

Technical Analysis

Altium (ALU.AX)


Indicator:

DEMARK PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Altium (ASX:ALU) current pivot point (DeMark) is:
(R1) $34.15.

The current pivot point (DeMark) is:
(S1) $33.42.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


PROFILE: Altium (ALU.AX)


Stock Exchange: ASX
Company: Altium
Ticker Codes: | ALU.AX | ASX:ALU |

About Altium (ASX:ALU):

Altium Limited develops and sells computer software for the design of electronic products in the United States and internationally. It operates through three segments: Board and Systems, Micro-¡controllers and Embedded Systems, and Makers and Content. The company offers various printed circuit board (PCB) products, including Altium Designer, which consists various tools required to produce a PCB from concept to manufacturing; CircuitStudio, a professional PCB design tool; and CircuitMaker, a streamlined PCB design tool custom built for makers, hobbyists, and DIYers community, as well as embedded products, such as TASKING tools for embedded software development. It also provides data management products comprising Altium Vault, a design data management tool; Ciiva, which transforms intent into realizable design; and Octopart that provides access to supply chain and component data, as well as product extension applications. In addition, it offers integration services, such as AgileXPLORER to search and navigate the product data in Oracle/Agile?PLM; and EDAConnect, which is a direct link between Altium Environment and Enterprise PLM, as well as training services. The company serves automotive, military/aerospace, communications, contract engineering, education, consumer electronics, industrial systems, entertainment, and bioscience and medical industries. Altium Limited was founded in 1985 and is headquartered in La Jolla, California.

Top 10:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
BOC Bougainville Copper 0.12 20 116,647 0 BULLISH CROSSOVER
BVS Bravura Solutions 4.03 7.2 3,476,269 0.01 BULLISH CROSSOVER
MLX Metals X 0.19 5.7 27,399,163 0 BULLISH CROSSOVER
TBR Tribune Resources 8.48 5.7 39,305 0.08 BULLISH CROSSOVER
MAH Macmahon 0.19 5.6 253,443 0 BULLISH CROSSOVER
VRT Virtus Health 4.41 5.5 447,549 0 BULLISH CROSSOVER
CDV Cardinal Resources 0.4 5.3 352,093 0.01 BULLISH CROSSOVER
BSA Broadcast Services Australia 0.43 4.9 182,669 0 BULLISH CROSSOVER
LNG Liquefied Natural Gas 0.23 4.7 311,683 0 BULLISH CROSSOVER
AYS Amaysim Australia 0.35 4.5 389,809 0 BULLISH CROSSOVER