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

Demark's Pivot Points

Score

-3.95

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 113 3.7 0.23% 0.29% 1.9% -2.6% -184.0%
SHORT 113 4.7 0.32% 0.42% 2.8% -2.4% -107.7%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

DEMARK PIVOT POINT


Signal Strength: MEDIUM
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading position.


Maca (ASX:MLD) current pivot point (DeMark) is:
(R1) $0.918.

The current pivot point (DeMark) is:
(S1) $0.883.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


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:

Demark's Pivot Points

Download
Company Close Change(%) Volume Value Signal
BKW Brickworks 17.54 6.4 1,060,035 -0.01 BEARISH
BGA Bega Cheese 4.58 4.8 1,923,906 -0.01 BEARISH
ADH Adairs 1.8 3.2 1,097,765 -0.02 BEARISH
PGH Pact 2.3 3.1 1,433,609 -0.01 BEARISH
NWH NRW 2.45 2.9 2,300,075 -0.02 BEARISH
ALU Altium 34.89 2.9 877,459 -0.17 BEARISH
VOC Vocus Communications 3.62 2.8 3,138,177 0 BEARISH
APX Appen 22.16 2.7 1,693,015 -0.1 BEARISH
EWC Energy World Corporation 0.08 2.4 496,771 0 BEARISH
BWX BWX 3.62 2.3 687,109 -0.02 BEARISH