Trading indicator
Camarilla Pivot PointsTrade 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% |
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
Camarilla Pivot Points
Score
-0.6
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 49 | 4.1 | 0.22% | 0.25% | 12.3% | -5.4% | -104.9% |
| SHORT | 47 | 13.1 | 0.43% | 0.69% | 12.3% | -8.2% | 7.1% |
Summary
Technical Analysis
Eden Energy (EDE.AX)
Indicator:
CAMARILLA PIVOT POINT
Signal Strength: MEDIUM
Recommendation:
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.
Eden Energy (ASX:EDE) current pivot point Camarilla is: $0.043.
The current resistance levels are: (R1) $0.048
(R2) $0.051
(R3) $0.055
(R4) $0.066
The current support levels are: (S1) $0.04
(S2) $0.037
(S3) $0.033
(S4) $0.023
Camarilla pivot points were discovered in 1989 by Nick Scott, a successful bond trader. The basic thesis for this strategy is a common one: That price, as most time series, has a tendency to revert to its mean.
Calculation: Camarilla Pivot Points:
1) R4 = Close + (High – Low) * 1.1/2;
2) R3 = Close + (High – Low) * 1.1/4;
3) R2 = Close + (High – Low) * 1.1/6;
4) R1 = Close + (High – Low) * 1.1/12;
5) PP = (HIGH + LOW + CLOSE) / 3;
6) S1 = Close – (High – Low) * 1.1/12;
7) S2 = Close – (High – Low) * 1.1/6;
8) S3 = Close – (High – Low) * 1.1/4;
9) S4 = Close – (High – Low) * 1.1/2;
PROFILE: Eden Energy (EDE.AX)
Stock Exchange: ASX
Company: Eden Energy
Ticker Codes: | EDE.AX | 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:
Camarilla Pivot Points
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| ADH Adairs | 2.45 | 6.5 | 1,411,731 | 0.03 | BULLISH |
| VRT Virtus Health | 4.46 | 6.4 | 439,347 | 0.08 | BULLISH |
| BPT Beach Petroleum | 2.62 | 5.2 | 10,153,116 | 0.02 | BULLISH |
| OCL Objective Corporation | 6.79 | 4.6 | 57,707 | 0.07 | BULLISH |
| PGH Pact | 2.81 | 3.7 | 1,057,699 | 0.02 | BULLISH |
| BBN Baby Bunting | 3.51 | 3.5 | 295,171 | 0.04 | BULLISH |
| FMG Fortescue Metals | 10.25 | 3.4 | 13,279,660 | 0.09 | BULLISH |
| HSN Hansen Technologies | 3.66 | 3.4 | 302,600 | 0.01 | BULLISH |
| LVH Livehire | 0.23 | 3.1 | 4,612,661 | 0 | BULLISH |
| AGI Ainsworth Game Technology | 0.7 | 2.9 | 35,013 | 0.01 | BULLISH |