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%

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Trading Performance

Williams %R



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 32 9.7 0.63% 1.67% 2.4% -3.6% 5.3%
SHORT 32 15.2 0.59% 1.46% 2.7% -5.5% -20.0%


Technical Analysis

Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;

PROFILE: Monadelphous (MND.AX)

Stock Exchange: ASX
Company: Monadelphous
Ticker Codes: | MND.AX | ASX:MND |

About Monadelphous (ASX:MND):

Monadelphous Group Limited, an engineering group, provides construction, maintenance, and industrial services to the resources, energy, and infrastructure sectors in Australia. It operates through Engineering Construction; and Maintenance and Industrial Services divisions. The company offers large-scale multidisciplinary project management and construction services, including construction management and execution; civil and electrical construction packages; turnkey design and construction; structural steel, tankage, mechanical works, and process equipment and piping fabrication and installation; fabrication and procurement; modularization and off-site pre-assembly; plant commissioning; demolition and remediation works; and offshore construction of plant and infrastructure. It also provides multidisciplinary maintenance and improvement solutions, such as structural, mechanical, piping, electrical and instrumentation, and civil maintenance services, as well as minor capital works, shutdowns, and operations and facilities management services. In addition, the company offers process and non-process maintenance; front-end scoping; water and waste water asset construction and maintenance; irrigation; transmission pipelines and facilities construction; power and water assets operation and maintenance; heavy lift and specialist transport; corrosion management; access solutions; and dewatering services. Monadelphous Group Limited was founded in 1972 and is headquartered in Victoria Park, Australia.

Top 10:

Williams %R

Company Close Change(%) Volume Value Signal
APX Appen 28.18 4.4 728,560 31.3 NEUTRAL
AUB Austbrokers Holdings 11.3 4.2 494,420 37.8 NEUTRAL
ISX Isignthis 0.65 4 2,292,182 36.4 NEUTRAL
TZN Terramin Australia 0.08 3.7 219,945 20.7 NEUTRAL
SXL Southern Cross Media 1.3 3.6 4,614,384 22.7 NEUTRAL
RCT Reef Casino 2.7 2.7 186 24.2 NEUTRAL
REG Rg Capital Radio 2.78 2.6 468,717 49.2 NEUTRAL
GUD Gud Holdings 10.38 2.4 326,681 34.5 NEUTRAL
ING Inghams 4.25 2.2 2,668,610 36.4 NEUTRAL
PRT Prime Television 0.23 2.2 775,296 50 NEUTRAL