Trading indicator
Triangular Moving AverageTrade 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
Triangular Moving Average
Score
-1.65
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 26 | 16.5 | 0.27% | 0.37% | 3.3% | -1.5% | -5.4% |
| SHORT | 27 | 12.8 | 0.15% | 0.17% | 2.6% | -1.7% | -28.0% |
Summary
Technical Analysis
General Property Trust (GPT.AX)
Indicator:
TRIANGULAR MOVING AVERAGE
Last Signal:
BEARISH
Trading: SELL @ $5.8
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.
General Property Trust (ASX:GPT) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -0.7%.
A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.
Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;
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:
Triangular Moving Average
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| CGS Cogstate | 0.55 | 11.1 | 151,778 | 0.5 | BULLISH CROSSOVER |
| NEC Nine Entertainment | 1.93 | 3.2 | 5,822,616 | 5.8 | BULLISH CROSSOVER |
| CNI Centuria Capital | 2.29 | 2.2 | 145,549 | 1.5 | BULLISH CROSSOVER |
| OSH Oil Search | 7.94 | 2.1 | 3,463,435 | 1.3 | BULLISH CROSSOVER |
| WTC Wisetech Global | 24.54 | 2 | 519,103 | 1.8 | BULLISH CROSSOVER |
| TGR Tassal | 4.35 | 1.9 | 502,919 | 0.8 | BULLISH CROSSOVER |
| GXY Galaxy Resources | 1.16 | 1.8 | 6,520,299 | 5.7 | BULLISH CROSSOVER |
| BLD Boral | 4.85 | 1.7 | 4,352,026 | 0.5 | BULLISH CROSSOVER |
| IPH Ipoh | 8.7 | 1.5 | 309,817 | 5.1 | BULLISH CROSSOVER |
| XDJ ASX 200 Cons Disc | 2815.7 | 1.1 | 0 | 0.4 | BULLISH CROSSOVER |