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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Elder Ray Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 47 11.1 0.38% 0.46% 5.0% -8.6% -245.5%
SHORT 48 6.3 0.69% 1.18% 6.6% -8.3% -12.7%


Technical Analysis

Broo (BEE.AX)



Last Signal:


Trading: HOLD @ $0.009
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Broo (ASX:BEE)

A technical indicator developed by Alexander Elder that measures the amount of buying and selling pressure in the market. This indicator consists of two separate indicators known as bull power and bear power. These figures allow a trader to determine the position of the price relative to a certain exponential moving average (EMA).

Calculation: Elder Ray Index (ERI):
1) Bull Power = Daily High - n-period EMA;
2) Bear Power = Daily Low - n-period EMA;


Stock Exchange: ASX
Company: Broo
Ticker Codes: | BEE.AX | ASX:BEE |

About Broo (ASX:BEE):

Broo Limited produces and distributes beer in Australia and China. It operates through Hospitality, Australian brewing, and Chinese brewing segments. The company offers beers under the Broo Premium Lager and Australia Draught names. It serves hotels, liquor stores, restaurants, and other licensed premises through wholesalers. The company also manages pubs and boutique brewery venues. Broo Limited is headquartered in Mildura, Australia.

Top 10:

Elder Ray Index

Company Close Change(%) Volume Value Signal
MNS Milnes Holdings 0.07 16.4 1,133,686 -0.01 BEARISH
BFC Beston Global Food 0.08 14.3 399,394 0 BEARISH
SXY Senex Energy 0.17 13.8 12,008,077 -0.01 BEARISH
FBR Fastbrick Robotics 0.02 11.8 7,287,115 0 BEARISH
AVJ Av Jennings Homes 0.43 9 178,441 -0.09 BEARISH
GTN GTN Resources 0.49 8.9 16,794 0 BEARISH
FRI Finbar International 0.68 7.1 51,103 -0.14 BEARISH
IFT Infratil 4 6.7 22,446 -0.08 BEARISH
ZIM Zimbabwe Platinum Mines 8.25 5.8 2,096 -0.09 BEARISH
ARB Arb Corporation 13.25 4.8 454,278 0 BEARISH