Bank Of Queensland

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

Detrended Price Oscillator

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 19.7 0.27% 0.36% 4.5% -2.6% -11.0%
SHORT 16 28.1 0.38% 0.60% 6.3% -2.5% 13.2%

Summary

Technical Analysis

Bank Of Queensland (BOQ.AX)


Indicator:

DETREND PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $9.15
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Bank Of Queensland (ASX:BOQ) currently has a confirmed downtrend. Price is currently below the displaced moving average for BOQ Currently, the return on DPO20 is -2.9%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


PROFILE: Bank Of Queensland (BOQ.AX)


Stock Exchange: ASX
Company: Bank Of Queensland
Ticker Codes: | BOQ.AX | ASX:BOQ |

About Bank Of Queensland (ASX:BOQ):

Bank of Queensland Limited, together with its subsidiaries, provides various financial products and services in Australia. The company operates in two segments, Banking and Insurance. It offers personal banking services, such as everyday banking services; savings and investments accounts, and term deposits; credit cards; home, personal, and car loans; car, home and contents, landlord, travel, life, and commercial insurance, as well as credit protection insurance; investment services comprising online share trading services; self-managed superannuation funds; and currency exchange, travel money, private banking, and account and card switching services. The company's business banking services include transaction accounts, investment accounts, statutory trust accounts, investment trust accounts, business and term loans, cash flow finance, equipment and vehicle finance, inventory finance for dealer, international services, merchant services, property finance, farm management, commercial insurance, self-managed super options, and community banking services, as well as financial market and payment services. It also offers Internet and mobile banking services. As of August 31, 2017, it had 74 corporate branches and 109 owner managed branches; and 628 company branded ATMs and 2,948 other ATMs, as well as 7 transaction centers. Bank of Queensland Limited was founded in 1874 and is based in Newstead, Australia.

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Detrended Price Oscillator

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