What indicators would you like to setup a trade for?

Candlestick Daily volume index Bar reversal Edit

Trade 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%

What indicators would you like to backtest?

Candlestick Daily volume index Bar reversal Edit

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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Elder's Force Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 44 8.8 0.55% 0.73% 5.4% -4.5% -18.7%
SHORT 45 9.2 0.64% 1.45% 9.6% -4.5% 188.9%


Technical Analysis

Impedimed (IPD.AX)



Last Signal:


Trading: BUY @ $0.185
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Impedimed (ASX:IPD) current price has highlighted recent buying pressure. Currently, the Elders Force Index is 6329.

Elders Force Index (EFI) measures the power behind a price movement using price and volume. The indicator can also be used to identify potential reversals and price corrections. The EFI is an oscillator that fluctuates between positive and negative values above and below a Zero Line.

Calculation: Elders Force Index (EFI):
1) Close – Close yesterday x Volume;

PROFILE: Impedimed (IPD.AX)

Stock Exchange: ASX
Company: Impedimed
Ticker Codes: | IPD.AX | ASX:IPD |

About Impedimed (ASX:IPD):

ImpediMed Limited, together with its subsidiaries, engages in the development, manufacture, and sale of bioimpedance devices and consumables in Australia, North America, Europe, and internationally. The company operates through Medical and Test & Measurement segments. It offers L-Dex U400, a technology that utilizes the characteristics of frequency dependent current flow to quantify changes in extracellular fluid in the patient's limb; and SFB7, a tetra polar bioimpedance spectroscopy device that scans various frequencies for the estimation of body composition in healthy individuals. The company also provides DF50, a single frequency body composition analysis in healthy individuals; and ImpediVET, a bioimpedance spectroscopy technology for use in veterinary applications. Its products are used in a range of applications, such as in the assessment and monitoring of secondary lymphedema, as well as monitoring of body composition and hydration. In addition, the company is involved in the supply of power precision testing and measuring equipment. ImpediMed Limited was founded in 1999 and is headquartered in Pinkenba, Australia.

Top 10:

Elder's Force Index

Company Close Change(%) Volume Value Signal
BGA Bega Cheese 3.81 3 2,106,801 2,555 BULLISH CROSSOVER
MOC Mortgage Choice 1.27 2.4 20,929 255 BULLISH CROSSOVER
DMP Domino 52.25 2.2 186,639 19,692 BULLISH CROSSOVER
NHF NIB 6.7 1.4 381,778 1,614 BULLISH CROSSOVER
ING Inghams 3.48 1.2 1,185,175 236 BULLISH CROSSOVER
OSH Oil Search 7.35 0.8 5,840,076 40,584 BULLISH CROSSOVER
KSL Kina Securities 1.41 0.7 557,944 157 BULLISH CROSSOVER
TNE Technology One 8.81 0.6 883,941 12,045 BULLISH CROSSOVER
RMD Resmed 21.93 0.3 555,461 2,663 BULLISH CROSSOVER
SGM Sims 11.02 0.2 761,284 285,526 BULLISH CROSSOVER