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%

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Volume Rate of Change

Score

0.85

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 108 4.4 0.65% 1.06% 2.3% -2.0% 31.6%
SHORT 107 4.3 0.74% 1.14% 1.7% -1.5% 31.0%

Summary

Technical Analysis

Macmahon (MAH.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BULLISH CROSSOVER


Trading: BUY @ $0.24
Signal Strength: MEDIUM
Recommendation:

Macmahon (ASX:MAH) currently has positive volume of change of 1372%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];

Top 10:

Volume Rate of Change

Download
Company Close Change(%) Volume Value Signal
GNG GR Engineering Services 0.84 7 41,788 21 BULLISH CROSSOVER
CIA Champion Iron 2.5 6.4 968,425 6 BULLISH CROSSOVER
SYR Syrah Resources 0.44 6.1 3,658,861 76 BULLISH CROSSOVER
NZM Nzme 0.38 5.6 39,889 51 BULLISH CROSSOVER
ADH Adairs 2.28 5.6 2,816,407 1,692 BULLISH CROSSOVER
ANG Austin Engineering 0.23 4.5 2,229,372 295 BULLISH CROSSOVER
CUV Clinuvel Pharmaceuticals 26.89 4 278,694 3 BULLISH CROSSOVER
MFG Magellan Financial 50.87 3.6 449,161 616 BULLISH CROSSOVER
VRL Village Roadshow 3.22 3.5 111,872 1,157 BULLISH CROSSOVER
CGL The Citadel 4.18 2.7 114,108 49 BULLISH CROSSOVER