Mg Unit Trust

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%

What indicators would you like to backtest?

Trading Performance

Bollinger Bands

Score

-1.3

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 37 12.4 0.27% 0.34% 10.4% -4.8% -34.8%
SHORT 37 9.7 0.19% 0.21% 3.9% -2.3% -51.9%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


PROFILE: Mg Unit Trust (MGC.AX)


Stock Exchange: ASX
Company: Mg Unit Trust
Ticker Codes: | MGC.AX | ASX:MGC |

About Mg Unit Trust (ASX:MGC):

MG Unit Trust operates as a special purpose funding vehicle in Australia. It holds interest in subordinated notes and convertible preference shares issued by Murray Goulburn Co-operative Co. Limited. The company was founded in 2015 and is based in Southbank, Australia. MG Unit Trust is a subsidiary of Murray Goulburn Co-Operative Co. Limited.

Top 10:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
RMS Ramelius Resources 0.77 15.9 8,313,251 -29.25 BEARISH
MOY Millennium Minerals 0.07 15.8 5,801,793 -16.72 BEARISH
DCN Dacian Gold 0.59 8.3 6,477,380 -17.58 BEARISH
GTN GTN Resources 1.06 8.2 143,270 -15.25 BEARISH
URF Us Masters Residential Property Fund 0.83 5.7 189,975 -31.17 BEARISH
KGN Kogan 5.21 5.5 899,578 -13.96 BEARISH
MOC Mortgage Choice 1.13 5.1 144,151 -9.72 BEARISH
ONE Oneview Healthcare 0.21 5.1 191,184 -19.99 BEARISH
SDA Speedcast International 3.63 4.9 1,766,294 -1.91 BEARISH
CDV Cardinal Resources 0.33 4.8 434,144 -8.01 BEARISH