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%



Code Company Date Close Change Indicator Value Signal

Trading Performance

Accumulation Distribution



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
SHORT 29 17.6 0.24% 0.29% 6.6% -7.6% -136.3%
LONG 29 8.6 0.31% 0.43% 12.5% -5.0% 6.9%


Technical Analysis

Opthea (OPT.AX)



Last Signal:


Trading: HOLD @ $3.56
Signal Strength: MEDIUM

Opthea (ASX:OPT) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 118403. day. During the quarter, the highest ADLINE value was 118403.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.

Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.


Stock Exchange: ASX
Company: Opthea
Ticker Codes: | OPT.AX | ASX:OPT |

About Opthea (ASX:OPT):

Opthea Limited develops and commercializes therapies primarily for eye disease in Australia. The company's development activities are based on the intellectual property portfolio covering Vascular Endothelial Growth Factors (VEGF) C and D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. Its lead molecule is OPT-302, a soluble form of VEGFR-3, which is in Phase 1/2A clinical trial for the treatment of back of the eye diseases, such as wet age-related macular degeneration that is the cause of blindness in elderly and diabetic populations. The company was formerly known as Circadian Technologies Limited and changed its name to Opthea Limited in December 2015. Opthea Limited is based in South Yarra, Australia.

Top 10:

Accumulation Distribution

Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.17 6.5 1,740,571 -57,152.2 BEARISH
MSB Mesoblast 3.07 5.5 4,497,569 -189,048.4 BEARISH
WEB Webjet 14.38 5 1,073,792 -25,753.5 BEARISH
ONE Oneview Healthcare 0.13 4.2 52,900 -6,876.3 BEARISH
RBL Rib Loc 1.05 4 628,044 -50,646.4 BEARISH
PGH Pact 2.8 3.3 1,537,551 -312,913.8 BEARISH
SNZ Summerset Holdings 8.88 3 262 -611.8 BEARISH
SOM Somnomed 2.84 2.9 5,088 -59,375.3 BEARISH
FLT Flight Centre 42.2 2.9 444,374 -175,729.8 BEARISH
MYS Mystate 5.31 2.9 82,539 -15,978.7 BEARISH