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%

What indicators would you like to backtest?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

1st timeframe trend

Score

1.05

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 38 9.8 0.42% 0.73% 4.8% -2.5% 20.4%
SHORT 39 10.9 0.49% 0.90% 4.8% -2.3% 44.4%

Summary

Technical Analysis

Domino (DMP.AX)


Indicator:

1ST TIMEFRAME TREND


Last Signal:

BEARISH


Trading: SELL @ $40.14
Signal Strength: WEAK
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.


Domino (ASX:DMP) is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 6



The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.

Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;


PROFILE: Domino (DMP.AX)


Stock Exchange: ASX
Company: Domino
Ticker Codes: | DMP.AX | ASX:DMP |

About Domino (ASX:DMP):

Domino's Pizza Enterprises Limited operates retail food outlets. The company holds franchise rights for the Domino's brand and network in Australia, New Zealand, Belgium, France, the Netherlands, Japan and Germany. As of August 15, 2017, it operated a network of approximately 2,000 stores. Domino's Pizza Enterprises Limited is based in Brisbane, Australia.

Top 10:

1st timeframe trend

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.43 10.4 117,204 1 BULLISH CROSSOVER
SGR The Star Entertainment 3.79 5.9 14,342,914 1 BULLISH CROSSOVER
LVH Livehire 0.26 4 304,869 1 BULLISH CROSSOVER
EPW ERM Power 1.75 1.7 83,926 1 BULLISH CROSSOVER
NSR National Storage 1.71 1.5 4,156,518 1 BULLISH CROSSOVER
CSR CSR 3.93 1.3 1,868,161 1 BULLISH CROSSOVER
AEF Australian Ethical Investments 2.11 1 57,851 1 BULLISH CROSSOVER
WBC Westpac Banking Corporation 27.82 0.8 4,350,364 1 BULLISH CROSSOVER
CPU Computershare 14.48 0.6 1,576,614 1 BULLISH CROSSOVER
XHJ ASX 200 Health Care 34833.2 0.4 0 1 BULLISH CROSSOVER