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
-0.6
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 26 | 16.5 | 0.31% | 0.42% | 3.4% | -1.4% | 1.5% |
| SHORT | 25 | 12.6 | 0.20% | 0.25% | 2.6% | -1.5% | -16.7% |
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 |
|---|---|---|---|---|---|
| EVO Evolve Education | 0.13 | 8.7 | 2,297,541 | 136.36 | BULLISH |
| VRL Village Roadshow | 3.1 | 4.7 | 145,297 | 95.41 | BULLISH |
| PRU Perseus Mining | 0.79 | 4.6 | 7,086,873 | 67.57 | BULLISH |
| IFL Ioof Holdings | 7.3 | 3.5 | 4,728,089 | 169.87 | BULLISH |
| RMS Ramelius Resources | 1.28 | 3.2 | 4,064,876 | 32.26 | BULLISH |
| CGF Challenger Financial Services | 7.77 | 2.9 | 4,497,564 | 86.71 | BULLISH |
| TRS Reject Shop | 2.33 | 2.6 | 93,677 | 125.6 | BULLISH |
| UOS United Overseas Australia | 0.81 | 2.5 | 19,110 | 32.05 | BULLISH |
| CWP Cedar Woods Properties | 6.95 | 2.5 | 44,888 | 32.69 | BULLISH |
| BXB Brambles | 11.94 | 2.4 | 5,813,678 | 43.71 | BULLISH |