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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Volume Rate of Change

Score

0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 85 4.6 0.47% 0.60% 4.6% -3.5% -48.0%
SHORT 86 5.8 0.67% 1.45% 5.7% -6.7% 61.2%

Summary

Technical Analysis

Eden Energy (EDE.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $0.048
Signal Strength: MEDIUM
Recommendation:

Eden Energy (ASX:EDE) currently has positive volume of change of 288%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];

Top 10:

Volume Rate of Change

Download
Company Close Change(%) Volume Value Signal
GGG Greenland Minerals 0.12 9.1 3,783,020 172 BULLISH CROSSOVER
TNG Tennant Creek Gold 0.1 6.5 1,027,849 295 BULLISH CROSSOVER
SYR Syrah Resources 0.49 5.4 4,913,585 21 BULLISH CROSSOVER
SWM Seven West Media 0.48 4.3 6,815,578 332 BULLISH CROSSOVER
LVH Livehire 0.25 4.2 153,838 54 BULLISH CROSSOVER
CSL CSL 270.56 3.5 654,698 42 BULLISH CROSSOVER
TNE Technology One 7.77 3.1 836,492 50 BULLISH CROSSOVER
PAC Pacsoft 7.36 2.2 45,537 213 BULLISH CROSSOVER
BFG Bell Financial 1 2 306,702 919 BULLISH CROSSOVER
CVC CVC 2.15 1.9 26,679 222,225 BULLISH CROSSOVER