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's Force Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 17.7 0.61% 1.27% 5.6% -2.1% 55.3%
SHORT 23 15.1 0.78% 2.57% 5.8% -1.0% 97.0%


Technical Analysis

Cardno (CDD.AX)



Last Signal:


Trading: SELL @ $0.93
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.

Cardno (ASX:CDD) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1159.

Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;


Stock Exchange: ASX
Company: Cardno
Ticker Codes: | CDD.AX | ASX:CDD |

About Cardno (ASX:CDD):

Cardno Limited, a professional infrastructure and environmental services company, engages in the development and improvement of physical and social infrastructure for communities worldwide. The company offers technical and economic feasibility services; planning services, such as statutory planning, urban development, master planning and design, mapping and surveying, and transportation planning; environmental consulting services in natural systems assessment and management, environmental impact assessment and monitoring, agricultural development, climate change management, conservation, and rehabilitation; and engineering design services for various structures, spaces, and systems. It also provides software and technology solutions that aid planning and design for engineers and planners in various industries; project management services across the project lifecycle; construction materials testing and inspection services for building, infrastructure, and mining projects; and construction management services consisting of construction and contract administration, construction and demolition, construction supervision, and subsurface utility engineering. In addition, the company offers asset management, condition assessment, facilities management, infrastructure, and software implementation services; management consulting services to public and private clients to optimize their investment in physical, economic, and social infrastructure projects; and development assistance services to enhance infrastructure, economic, health, educational, and governance situations of developing nations. It serves the building, land, coastal and ocean, environment, international development, management services, energy and resources, transportation, water, and defense market sectors. The company was founded in 1945 and is headquartered in Fortitude Valley, Australia.

Top 10:

Elder's Force Index

Company Close Change(%) Volume Value Signal
AUB Austbrokers Holdings 11.94 4.7 403,318 -706 BEARISH CROSSOVER
MVF Monash IVF 1.04 3 168,776 -1,209 BEARISH CROSSOVER
PNR Pacific Niugini Minerals 0.17 3 1,093,625 -1,233 BEARISH CROSSOVER
SLK Sealink Travel 5.19 3 583,557 -172 BEARISH CROSSOVER
AMA Allomak 1.39 1.8 4,202,595 -33,773 BEARISH CROSSOVER
RWC Reliance Worldwide Corporation 4.25 1.7 1,970,085 -3,599 BEARISH CROSSOVER
SDA Speedcast International 1 1.5 1,676,967 -21,029 BEARISH CROSSOVER
EOS Electro Optic Systems Holdings 7.21 1.3 214,605 -812 BEARISH CROSSOVER
TLG Talga Gold 0.49 1 76,776 -201 BEARISH CROSSOVER
MIR Mirrabooka 2.56 0.8 46,517 -252 BEARISH CROSSOVER