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?

Company

Indicator

Code Company Date Close Change Indicator Value Signal

Trading Performance

Moving Average Envelope

Score

-2.2

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 14 12.5 0.14% 0.15% 1.1% -3.0% -36.3%
SHORT 15 33.4 0.20% 0.25% 19.7% -3.1% 22.3%

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: Maca (MLD.AX)


Stock Exchange: ASX
Company: Maca
Ticker Codes: | MLD.AX | ASX:MLD |

About Maca (ASX:MLD):

MACA Limited operates as a mining, civil construction, and road infrastructure company in Australia and Brazil. The company offers loading and hauling services; and drilling and blasting services, including production drilling and blasting for surface mining operations or quarries, pre-split drilling, contour drilling and pioneering, blast hole sample drilling, probe drilling, pre-split and final wall blasting, drill and blast design, blasting solutions for civil construction, and controlled blasting. It also provides crushing and screening services to deliver tailored screening and sizing solutions, as well as materials handling solutions. In addition, the company offers civil road and infrastructure asset management and maintenance services, including roads construction and maintenance, design and construction of bridges, and parks and gardens management services, as well as vegetation management, verge work, heavy lifts and safety barrier, and specialist services to government organizations. MACA Limited was incorporated in 2002 and is headquartered in Welshpool, Australia.

Top 10:

Moving Average Envelope

Download
Company Close Change(%) Volume Value Signal
ATL ASX 20 0.43 10.4 117,204 -100 BEARISH
SUL Super Cheap Auto 9.75 7.9 2,023,965 -36.55 BEARISH
DNK Danakali 0.67 4.7 143,231 -40 BEARISH
MOY Millennium Minerals 0.13 4.2 1,692,090 -71.43 BEARISH
LVH Livehire 0.26 4 304,869 -76.39 BEARISH
COH Cochlear 209.43 3.9 588,882 -67.24 BEARISH
CYB Cybg 2.48 3.8 5,776,731 -201.47 BEARISH
PNC Pioneer Credit 2.49 3.8 102,033 -13.56 BEARISH
ORA Orora 2.77 3 19,003,657 -9.04 BEARISH
MNS Milnes Holdings 0.18 2.9 449,874 -87.5 BEARISH