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
-2.1
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 28 | 15.6 | 0.29% | 0.38% | 3.3% | -1.4% | -2.8% |
| SHORT | 28 | 11.2 | 0.25% | 0.32% | 0.6% | -1.4% | -26.2% |
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 |
|---|---|---|---|---|---|
| RUL Runge | 1.13 | 5.1 | 551,129 | 0 | NEUTRAL |
| HFR Highfield Resources | 0.8 | 4.6 | 86,664 | 0 | NEUTRAL |
| VRL Village Roadshow | 4.02 | 4.4 | 636,398 | 0 | NEUTRAL |
| VRT Virtus Health | 4.47 | 3.2 | 173,410 | 0 | NEUTRAL |
| VGL Volante | 3.64 | 3.1 | 46,740 | 0 | NEUTRAL |
| SOM Somnomed | 2.91 | 2.5 | 8,890 | 0 | NEUTRAL |
| WOR Worleyparsons | 15.92 | 2.4 | 1,649,440 | 0 | NEUTRAL |
| CDD Cardno | 0.4 | 1.3 | 338,914 | 0 | NEUTRAL |
| WES Wesfarmers | 44.91 | 0.9 | 1,066,384 | 0 | NEUTRAL |
| VTG Vita | 1.19 | 0.8 | 30,293 | 0 | NEUTRAL |