Dacian Gold

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

Woodie Pivot Point

Score

0.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 103 3.8 0.38% 0.58% 5.6% -2.5% 55.4%
SHORT 104 4.9 0.46% 0.79% 9.0% -3.0% 247.2%

Summary

Technical Analysis

Dacian Gold (DCN.AX)


Indicator:

WOODIE PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

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


Dacian Gold (ASX:DCN) current pivot point (Woodie) is:
$1.4.

The current resistance levels are:
(R1) $1.4
(R2) $1.4

The current support levels are:
(S1) $1.4
(S2) $1.4



One of the key differences in calculating Woodies Pivot Point to other pivot points is that the current sessions open price is used in the PP formula with the previous sessions high and low.

Calculation: Woodie Pivot Point:
1) R2 = PP + High – Low;
2) R1 = (2 X PP) – Low;
3) PP = (H + L + 2C) / 4;
4) S1 = (2 X PP) – High;
5) S2 = PP – High + Low – Closing Price – High – Low;


PROFILE: Dacian Gold (DCN.AX)


Stock Exchange: ASX
Company: Dacian Gold
Ticker Codes: | DCN.AX | ASX:DCN |

About Dacian Gold (ASX:DCN):

Dacian Gold Limited explores and develops gold properties in Australia. It primarily focuses on its 100% owned Mount Morgans Gold Project located in the Laverton district of Western Australia. The company was founded in 2011 and is based in Como, Australia.

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Woodie Pivot Point

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