Energy World Corporation

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%

What indicators would you like to backtest?

Trading Performance

Triangular Moving Average

Score

-0.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 19 12.5 0.26% 0.36% 6.5% -5.9% -50.2%
SHORT 18 29.1 0.44% 0.73% 23.0% -4.7% 131.7%

Summary

Technical Analysis

Energy World Corporation (EWC.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.068
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Energy World Corporation (ASX:EWC) currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.0%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Energy World Corporation (EWC.AX)


Stock Exchange: ASX
Company: Energy World Corporation
Ticker Codes: | EWC.AX | ASX:EWC |

About Energy World Corporation (ASX:EWC):

Energy World Corporation Ltd, an independent energy company, produces and sells power and natural gas primarily in the Asia Pacific region. It designs, develops, constructs, operates, and maintains power stations, liquefied natural gas (LNG) plants, gas processing plants, and gas pipelines; explores, develops, and produces gas and oil; and designs and develops LNG receiving terminals. The company also engages in the road transportation of LNG. It owns and operates a 315 MW combined cycle power plant in Sengkang, South Sulawesi, Indonesia; and an 8.68 MW power plant in Alice Springs, Northern Territory, Australia. The company also has gas interests in the Sengkang contract area in south Sulawesi, Indonesia; and in Gilmore and Eromanga gas fields in Queensland, Australia. Energy World Corporation Ltd has strategic alliances with Slipform Engineering International (H.K.) Ltd; Chart; Siemens; Energy World International Ltd.; and Strike Energy Limited. The company was formerly known as Conversion Technology and changed its name to Energy World Corporation Ltd in 2001. Energy World Corporation Ltd was incorporated in 1985 and is headquartered in Seaforth, Australia.

Top 10:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
CLQ Clean Teq Holdings 0.42 10.7 6,001,446 39.7 BULLISH
DNA Donaco International 0.12 9.1 3,465,966 30.4 BULLISH
ONE Oneview Healthcare 0.25 8.7 124,001 11.6 BULLISH
TBR Tribune Resources 5.6 7.7 37,233 25.9 BULLISH
SAR Saracen Mineral 3.85 6.1 9,477,928 15 BULLISH
CSV CSG 0.18 6.1 316,092 11.5 BULLISH
SBM St Barbara Mines 3.08 5.5 15,379,603 14.5 BULLISH
WAF West African Resources 0.33 4.8 3,311,755 11.5 BULLISH
HLO Helloworld 4.8 4.6 564,214 5.3 BULLISH
ASL Ausdrill 1.82 4.3 7,050,749 24.8 BULLISH