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

Moving Average Envelope

Score

-0.1

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 12.3 0.16% 0.19% 23.3% -6.9% -41.3%
SHORT 19 26.2 0.42% 0.73% 15.2% -7.9% 34.7%

Summary

Technical Analysis


Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.

Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);


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:

Moving Average Envelope

Download
Company Close Change(%) Volume Value Signal
PGC Paragon Care 0.29 9.6 1,528,576 -161.76 BEARISH
LNG Liquefied Natural Gas 0.12 9.1 340,710 -200 BEARISH
OSP Osprey Medical 0.02 6.3 143,313 -150 BEARISH
ANG Austin Engineering 0.2 5.3 116,011 -47.62 BEARISH
VAH Virgin Australia Holdings 0.13 4 596,964 -71.43 BEARISH
TBR Tribune Resources 5.3 3.9 38,686 -7.49 BEARISH
RCT Reef Casino 2.41 3.9 1,000 -24.29 BEARISH
NWH NRW 2.9 3.6 3,450,530 -46.05 BEARISH
TLG Talga Gold 0.45 3.5 218,924 -11.11 BEARISH
CVC CVC 1.98 2.9 7,304 -41.26 BEARISH