Eden Energy

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

Accumulation Distribution



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
SHORT 22 28.1 0.41% 0.60% 36.4% -8.4% 201.3%
LONG 22 5.8 0.27% 0.35% 14.4% -5.9% -13.3%


Technical Analysis

Eden Energy (EDE.AX)



Last Signal:


Trading: BUY @ $0.044
Signal Strength: STRONG

Eden Energy (ASX:EDE) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 15833.3. During the quarter, the highest ADLINE value was 84443.6.

A bullish crossover has been confirmed due the last trading session with is a strong indication of a diretional change. This indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.

Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.

PROFILE: Eden Energy (EDE.AX)

Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | ASX:EDE |

About Eden Energy (ASX:EDE):

Eden Innovations Ltd. provides various clean technology solutions. The company offers EdenCrete, a carbon nanotube enriched admixture for concrete; and OptiBlend, a retrofit dual fuel kit for diesel generator sets. It also provides Pyrolysis, a technology to produce carbon nanotube, and carbon nanofibre and hydrogen; Hythane, a blend of hydrogen and natural gas; and EdenPlast, a CNT enriched polymers and plastics. The company was formerly known as Eden Energy Ltd. and changed its name to Eden Innovations Ltd. in November 2016. Eden Innovations Ltd. was incorporated in 2004 and is based in Perth, Australia.

Top 10:

Accumulation Distribution

Company Close Change(%) Volume Value Signal
SMX Sms Management & Technology 0.38 4.1 66,163 10,335.1 BULLISH CROSSOVER
SFR Sandfire Resources 5.6 2.6 910,668 86,542.7 BULLISH CROSSOVER
SSM Service Stream 2.41 2.1 1,735,386 282,182.3 BULLISH CROSSOVER
SMN Structural Monitoring Systems 0.89 1.7 57,146 5,982.2 BULLISH CROSSOVER
CIM Cimic 33.43 1.6 419,915 32,867.3 BULLISH CROSSOVER
ORG Origin Energy 8.7 1.5 3,973,101 44,677.6 BULLISH CROSSOVER
CGC Consolidated Gaming Corporation 2.47 1.2 2,212,789 77,089.5 BULLISH CROSSOVER
MPL Medibank Private 3.25 1.2 9,781,928 76,402.9 BULLISH CROSSOVER
SVW Seven Holdings 19.3 1.1 478,550 2,396.2 BULLISH CROSSOVER
ARA Ariadne Australia 0.61 0.8 5,000 703.6 BULLISH CROSSOVER