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

Bollinger Bands

Score

-0.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 34 11.2 0.18% 0.21% 65.5% -3.4% 295.5%
SHORT 35 11.9 0.29% 0.33% 4.5% -3.3% -53.1%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


PROFILE: Opthea (OPT.AX)


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:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
GXY Galaxy Resources 0.95 9.9 5,094,962 17.42 BULLISH
LYC Lynas Corporation 2.58 8.9 9,724,310 67.43 BULLISH
ISD Isentia 0.26 8.3 518,734 23.22 BULLISH
IMF IMF 3.81 6.7 2,751,384 8.12 BULLISH
RWC Reliance Worldwide Corporation 4.18 4.8 2,029,284 34.21 BULLISH
MND Monadelphous 17.47 4.5 518,378 36.16 BULLISH
BSE BSE 0.23 4.5 2,037,922 70.92 BULLISH
BFG Bell Financial 1.15 4.5 338,716 7.56 BULLISH
BSA Broadcast Services Australia 0.4 3.9 307,029 22.67 BULLISH
SFR Sandfire Resources 6.07 3.9 1,581,145 29.38 BULLISH