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

Elder's Force Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 37 8.3 0.59% 0.88% 7.5% -5.8% 20.0%
SHORT 36 13.7 0.72% 1.86% 8.0% -7.0% 111.2%


Technical Analysis

Eden Energy (EDE.AX)



Last Signal:


Trading: SELL @ $0.044
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Eden Energy (ASX:EDE) current price has highlighted recent selling pressure. Currently, the Elders Force Index is -464.

Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x 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:

Elder's Force Index

Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.15 16 1,038,660 367,616 BULLISH
ADH Adairs 2.45 6.5 1,411,731 26,255 BULLISH
BPT Beach Petroleum 2.62 5.2 10,153,116 130,757 BULLISH
PRT Prime Television 0.21 5.1 569,347 30,839 BULLISH
SXL Southern Cross Media 0.92 5.1 2,038,181 193,697 BULLISH
OCL Objective Corporation 6.79 4.6 57,707 7 BULLISH
COE Cooper Energy 0.57 4.6 1,467,066 8,670 BULLISH
TWR Tower 0.73 4.3 6,586 353 BULLISH
HSN Hansen Technologies 3.66 3.4 302,600 2,107 BULLISH
TLG Talga Gold 0.47 3.3 263,855 89 BULLISH