Freelancer

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

Detrended Price Oscillator

Score

-0.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 15 19.3 0.27% 0.36% 21.5% -4.6% 35.4%
SHORT 15 30.5 0.27% 0.36% 7.7% -10.0% -79.3%

Summary

Technical Analysis

Freelancer (FLN.AX)


Indicator:

DETREND PRICE OSCILLATOR


Last Signal:

BEARISH


Trading: SELL @ $0.31
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.


Freelancer (ASX:FLN) currently has a confirmed downtrend. Price is currently below the displaced moving average for FLN Currently, the return on DPO20 is -3.1%.



The Detrended Price Oscillator (DPO) is an indicator designed to remove trend from price and make it easier to identify cycles. DPO does not extend to the last date because it is based on a displaced moving average. However alignment with the most recent is not an issue because DPO is not a momentum oscillator. Instead DPO is used to identify cycle’s highs/lows and estimate cycle length.

Calculation: Detrended Price Oscillator (DPO):
1) Price (X/2 + 1) periods ago minus X-period simple moving average.
Where X is the number of periods;


PROFILE: Freelancer (FLN.AX)


Stock Exchange: ASX
Company: Freelancer
Ticker Codes: | FLN.AX | ASX:FLN |

About Freelancer (ASX:FLN):

Freelancer Limited operates a freelancing and crowdsourcing marketplace in Australia. It operates through two segments, Online Marketplace and Online Payment Services. The company, through its marketplace, hires freelancers to do work in areas, such as software development, writing, data entry and design, engineering, sciences, sales and marketing, and accounting and legal services. It connects employers and freelancers from approximately 247 countries, regions, and territories. The company also provides escrow payment services. Freelancer Limited was founded in 2009 and is based in Sydney, Australia.

Top 10:

Detrended Price Oscillator

Download
Company Close Change(%) Volume Value Signal
BOC Bougainville Copper 0.25 47.1 51,977 0 BEARISH
FBR Fastbrick Robotics 0.03 23.1 5,095,985 -0.01 BEARISH
ZIM Zimbabwe Platinum Mines 11 19.2 71,087 -1.37 BEARISH
GSW Getswift 0.59 13.5 282,256 -0.04 BEARISH
ISD Isentia 0.17 9.7 5,164 -0.07 BEARISH
ONE Oneview Healthcare 0.05 9.5 999,681 -0.35 BEARISH
SRV Servcorp 2.23 9.3 47,633 -0.25 BEARISH
OMH OM Holdings 0.32 8.6 87,908 -0.3 BEARISH
MXI Maxitra Industries 0.15 7.1 261,624 -0.01 BEARISH
PPC Peet & Company 0.83 6.5 53,181 -0.03 BEARISH