Trading indicator
Moving Average EnvelopeBacktest 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
Moving Average Envelope
Score
-1.3
| Position | Trades | Duration | Win Rate | Win/Loss | Avg Win | Avg Loss | Return |
|---|---|---|---|---|---|---|---|
| LONG | 9 | 16.0 | 0.11% | 0.13% | 9.5% | -7.7% | -52.3% |
| SHORT | 10 | 53.0 | 0.30% | 0.43% | 21.4% | -7.5% | 12.0% |
Summary
Technical Analysis
Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.
Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);
PROFILE: Terramin Australia (TZN.AX)
Stock Exchange: ASX
Company: Terramin Australia
Ticker Codes: | TZN.AX | ASX:TZN |
Terramin Australia Limited, together with its subsidiaries, engages in the exploration, evaluation, and development of base and precious metals, and other economic mineral deposits in Australia and internationally. The company primarily explores for zinc, lead, gold, copper, and rare earth elements. Its flagship project is the Tala Hamza zinc project located on the Mediterranean coast in Algeria. The company was incorporated in 1993 and is based in Fullarton, Australia.
Top 10:
Moving Average Envelope
| Company | Close | Change(%) | Volume | Value | Signal |
|---|---|---|---|---|---|
| CII Ci Resources | 1.39 | 13 | 1,920 | 0 | NEUTRAL |
| BVS Bravura Solutions | 4.61 | 3.6 | 1,604,442 | 0 | NEUTRAL |
| BFC Beston Global Food | 0.1 | 3.1 | 218,516 | 0 | NEUTRAL |
| MAH Macmahon | 0.17 | 3 | 219,496 | 0 | NEUTRAL |
| TNE Technology One | 7.44 | 3 | 990,618 | 0 | NEUTRAL |
| MGR Mirvac | 3.21 | 1.9 | 8,431,810 | 0 | NEUTRAL |
| API Australian Pharmaceutical | 1.38 | 1.8 | 653,865 | 0 | NEUTRAL |
| MGC Mg Unit Trust | 0.39 | 1.3 | 63,882 | 0 | NEUTRAL |
| AGI Ainsworth Game Technology | 0.71 | 0.7 | 1,104 | 0 | NEUTRAL |
| SPK Spark New Zealand | 3.81 | 0.3 | 595,137 | 0 | NEUTRAL |