Trafalgar

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

Donchian Channels

Score

-5.65

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 42 9.1 0.14% 0.16% 2.4% -1.9% -56.7%
SHORT 43 10.0 0.12% 0.13% 1.3% -1.9% -68.7%

Summary

Technical Analysis

Trafalgar (TGP.AX)


Indicator:

DONCHIAN CHANNELS


Last Signal:

BEARISH


Trading: SELL @ $1.1
Signal Strength: STRONG
Recommendation:

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.


Trafalgar (ASX:TGP) is currently bearish highlighting the potential for a short term trend continuation in the downward direction.



The Donchian channel is a useful indicator for seeing the volatility of a market price. If a price is stable the Donchian channel will be relatively narrow. If the price fluctuates a lot the Donchian channel will be wider. The two outer bands are plotted as the highest high and lowest low for a set period originally 20 days with the optional middle band calculated as the average of the two.

Calculation: Donchian Channels:
1) Upper Channel = 20 Day High;
2) Lower Channel = 20 Day Low;
3) Middle Channel = (20 Day High + 20 Day Low)/2;


PROFILE: Trafalgar (TGP.AX)


Stock Exchange: ASX
Company: Trafalgar
Ticker Codes: | TGP.AX | ASX:TGP |

About Trafalgar (ASX:TGP):

360 Capital Group is an ASX-listed, property investment and funds management group concentrating on strategic investment and active investment management of property assets. The Group actively invests in direct property assets, property securities, real estate debt and various corporate real estate investments within Australian real estate markets on a private and public equity basis.

Top 10:

Donchian Channels

Download
Company Close Change(%) Volume Value Signal
FBR Fastbrick Robotics 0.06 5.8 881,024 -40 BEARISH
NZK New Zealand King Salmon Investments 2.2 5.3 8,766 -41.53 BEARISH
VRL Village Roadshow 4.02 4.4 636,398 -46.26 BEARISH
ISU Iselect 0.51 4.1 3,617 -5.56 BEARISH
CAT Catuity 2.17 3.8 509,665 -12.07 BEARISH
AAC Australian Agricultural 1.15 3.6 406,105 -3.85 BEARISH
VRT Virtus Health 4.47 3.2 173,410 -15.38 BEARISH
VGL Volante 3.64 3.1 46,740 -31.82 BEARISH
MDC Mcconnell Dowell Corporation 0.35 3 134,368 -14.29 BEARISH
ISD Isentia 0.29 2.5 68,909 -40 BEARISH