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

Ulcer Index



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 23 14.6 0.57% 0.81% 3.1% -2.7% -3.1%
SHORT 23 18.5 0.57% 0.87% 1.6% -3.1% -25.0%


Technical Analysis

Tower (TWR.AX)



Last Signal:


Trading: SELL @ $0.695
Signal Strength: MEDIUM

Volatility indicators highlight potential moves of a stock which can either move sharply in the updwards or downwards direction. This indicator allows stocks to be compared on a level playing field to highlight high and low volatility. Normally, falling markets are more likely to be volatile than a rising markets due to the emotion that gets tied to trading. Use volatility indicators in conjunction with other indicators to reduce exposure to false moves.

Tower (ASX:TWR) UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.886.

A technical indicator that measures downside risk in terms of both depth and duration of price declines. The Ulcer Index (UI) increases in value as the price moves farther away from a recent high and falls as the price rises to new highs. The indicator is usually calculated over 14 days with the UI showing the percentage drawdown a trader can expect from the high over that period. The greater the value of the UI the longer it takes for a stock to get back to the former high.

Calculation: Ulcer Index:
1) Percentage Drawdown = [(Close - 14-period High Close)/14-period High Close] x 100;
2) Squared Average = (14-period Sum of Percentage Drawdown Squared)/14;
3) Ulcer Index = Square Root of Squared Average;


Stock Exchange: ASX
Company: Tower
Ticker Codes: | TWR.AX | ASX:TWR |

About Tower (ASX:TWR):

TOWER Limited provides general insurance products and services in New Zealand and the Pacific Islands. Its insurance products include car, house, contents, business, travel, boat, motorbike, rural, and caravan insurance. The company was founded in 1869 and is based in Auckland, New Zealand.

Top 10:

Ulcer Index

Company Close Change(%) Volume Value Signal
OCL Objective Corporation 6.3 5.9 42,263 1.71 BULLISH
GAP Gale Pacific 0.28 5.8 80,490 4.39 BULLISH
BRN Brainchip Holdings 0.06 5.7 7,517,862 4.83 BULLISH
CGS Cogstate 0.5 5.3 57,403 1.78 BULLISH
DTL Data#3 4.2 4 1,089,201 4.11 BULLISH
CDA Codan 7.82 3.7 342,502 3.25 BULLISH
MEZ Meridian Energy 5.18 3.6 58,221 2.19 BULLISH
RAP Resapp Health 0.3 3.4 2,331,302 2.39 BULLISH
VAH Virgin Australia Holdings 0.15 3.4 129,623 3.47 BULLISH
PGH Pact 2.78 3.3 2,125,384 1.8 BULLISH