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

Triangular Moving Average

Score

-1.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 31 10.0 0.13% 0.14% 2.2% -3.2% -84.7%
SHORT 30 15.9 0.27% 0.35% 8.4% -3.0% -3.1%

Summary

Technical Analysis

Maca (MLD.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.9
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Maca (ASX:MLD) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -2.2%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


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:

Triangular Moving Average

Download
Company Close Change(%) Volume Value Signal
FLT Flight Centre 46.77 -0.4 500,137 -0.4 BEARISH CROSSOVER
GDI GDI Property 1.52 -1.3 223,483 -1.3 BEARISH CROSSOVER
MOC Mortgage Choice 1.12 -1.3 52,591 -0.9 BEARISH CROSSOVER
SCG Scentre 3.95 -1.3 33,300,480 -0.1 BEARISH CROSSOVER
CMA Centuria Metropolitan 2.95 -1.7 2,723,198 -0.7 BEARISH CROSSOVER
NUF Nufarm 4.69 -1.7 2,515,432 -0.1 BEARISH CROSSOVER
BFG Bell Financial 0.91 -2.2 232,458 -1.4 BEARISH CROSSOVER
APZ Aspen 1.09 -3.5 16,505 -0.7 BEARISH CROSSOVER
CDV Cardinal Resources 0.46 -4.2 243,554 -3.8 BEARISH CROSSOVER
RCT Reef Casino 2.29 -4.2 9,381 -2.2 BEARISH CROSSOVER