Trading indicator
Moving Average EnvelopeTrade 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% |
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
Moving Average Envelope
Score
-1.6
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 27 | 15.8 | 0.26% | 0.33% | 3.6% | -1.4% | -3.6% |
| SHORT | 28 | 11.8 | 0.25% | 0.32% | 1.0% | -1.4% | -22.8% |
Summary
Technical Analysis
Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.
Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);
PROFILE: General Property Trust (GPT.AX)
Stock Exchange: ASX
Company: General Property Trust
Ticker Codes: | GPT.AX | ASX:GPT |
The GPT Group is one of Australia's largest diversified property groups and a top 50 ASX listed company by market capitalisation. GPT owns and manages a $20 billion portfolio of offices, logistics, business parks and prime shopping centres across Australia. The Group has a substantial investor base with more than 35,000 shareholders.
Top 10:
Moving Average Envelope
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| EDE Eden Energy | 0.05 | 4.7 | 122,280 | -100 | BEARISH |
| TBR Tribune Resources | 6.24 | 4.2 | 96,157 | -86.38 | BEARISH |
| PNR Pacific Niugini Minerals | 0.14 | 3.7 | 2,478,287 | -66.67 | BEARISH |
| GTN GTN Resources | 0.7 | 3.7 | 7,121 | -27.78 | BEARISH |
| LOV Lovisa | 12.02 | 3.4 | 137,948 | -22.76 | BEARISH |
| EMH European Metals Holdings | 0.31 | 3.3 | 53,950 | -60.61 | BEARISH |
| WSA Western Areas | 2.79 | 3.3 | 3,344,659 | -44.52 | BEARISH |
| MOC Mortgage Choice | 1.29 | 2.8 | 164,923 | -44.44 | BEARISH |
| BFC Beston Global Food | 0.08 | 2.5 | 15,244 | -100 | BEARISH |
| WTC Wisetech Global | 25.72 | 2.5 | 843,743 | -54.41 | BEARISH |