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%

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Trading Performance

Bill Williams Market Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 22 8.6 0.45% 0.71% 2.1% -2.6% -14.7%
SHORT 22 26.9 0.45% 0.83% 6.3% -6.2% -11.5%


Technical Analysis

Fiducian (FID.AX)



Last Signal:


Trading: REDUCE @ $5.59
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.

Fiducian (ASX:FID) Currently is a confirmed Fade Day.

The Market Facilitation Index is designed for evaluation the willingness of the market to move the price. The indicators absolute values alone cannot provide any trading signals unlike its dynamics in relation to the dynamics of the volume.

Calculation: Bill Williams Market Facilitation Index:
1) Green bar - both MFI and volume are up. Increasing trading activity means market movement acceleration;
2) Blue bar - MFI indicator is up volume is down. The movement is continuing although the volume has dropped. The trend will soon be reversing;
3) Pink bar - MFI indicator is down volume is up. The slowing down movement while volume is raising may indicate a possible break through often a U-turn;
4) Brown bar - both MFI and volume are down. The market is no longer interested in the current direction and is looking for signs of a future development;

PROFILE: Fiducian (FID.AX)

Stock Exchange: ASX
Company: Fiducian
Ticker Codes: | FID.AX | ASX:FID |

About Fiducian (ASX:FID):

Fiducian Group Limited, through its subsidiaries, operates as a financial services company in Australia. The company offers funds management and investment services, including wrap platforms and client portfolio administration; wealth management and financial planning services; information technology solutions for financial planners and their clients; and accounting and accountancy resourcing services. It also manages various investment funds, such as Fiducian, Fiducian diversified, Fiducian sector, and Fiducian specialist funds. In addition, the company offers portfolio services, including portfolio administration, superannuation, investment, technical, and dealer services; systems and software solutions comprising FORCe, an integrated dealer and financial planning software platform; and financial advisory services. Further, it provides support services to accountants for bookkeeping, accounts preparation, and self-managed superannuation fund administration. Fiducian Group Limited was founded in 1996 and is headquartered in Sydney, Australia.

Top 10:

Bill Williams Market Index

Company Close Change(%) Volume Value Signal
SOM Somnomed 1.74 16 47,933 0 NEUTRAL
DCN Dacian Gold 1.09 14.7 11,552,863 0 NEUTRAL
PNR Pacific Niugini Minerals 0.19 12.1 6,059,293 0 NEUTRAL
GGG Greenland Minerals 0.15 7.1 4,706,219 0 NEUTRAL
LVH Livehire 0.39 5.4 146,318 0 NEUTRAL
AJM Altura Mining 0.12 4.5 4,156,958 0 NEUTRAL
ASG Autosports 1.3 4.4 4,000 0 NEUTRAL
NHC New Hope 2.65 3.9 2,365,017 0 NEUTRAL
KSC K&S Corporation 1.9 3.8 10,200 0 NEUTRAL
KAR Karoon Gas Australia 1.23 3.8 1,326,249 0 NEUTRAL