|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
DETREND PRICE OSCILLATOR
Trading: SELL @ $0.31
Signal Strength: STRONG
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
Ticker Codes: | FLN.AX | 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.
|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|
|ONE Oneview Healthcare||0.05||9.5||999,681||-0.35||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|