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

-1.6

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 29 10.0 0.17% 0.19% 1.9% -4.6% -115.0%
SHORT 29 16.9 0.31% 0.41% 12.9% -3.3% 43.8%

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: Thorn (TGA.AX)


Stock Exchange: ASX
Company: Thorn
Ticker Codes: | TGA.AX | ASX:TGA |

About Thorn (ASX:TGA):

Thorn Group Limited, together with its subsidiaries, provides a range of financial solutions to consumers and businesses in Australia. It is involved in the leasing of household products to consumers; and provision of leasing and other financial services to small and medium size enterprises under the Radio Rentals name. The company also engages in the provision of loans, commercial finance, and receivables management services. Thorn Group Limited was founded in 1937 and is based in Chullora, Australia.

Top 10:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
EVO Evolve Education 0.11 13.4 18,450,828 -56.67 BEARISH
ISD Isentia 0.44 10 1,658,214 -43.27 BEARISH
OPT Opthea 3.57 6.3 329,534 -19.5 BEARISH
IPD Impedimed 0.18 6.1 799,610 -36.87 BEARISH
CUV Clinuvel Pharmaceuticals 24.96 4.9 217,923 -48.9 BEARISH
AHY Asaleo Care 1 4.7 454,083 -12.28 BEARISH
CHC Charter Hall 11.55 4.4 3,137,465 -69.14 BEARISH
TNE Technology One 7.18 3.8 775,894 -23.67 BEARISH
CNU Chorus 4.9 3.6 628,838 -13.4 BEARISH
SSM Service Stream 2.66 3.5 2,250,886 -84.94 BEARISH