|Position||Trades||Duration||Win rate||Win/loss||Avg win||Avg loss||Return|
|Position||Trades||Duration||Win Rate||Win/Loss||Avg Win||Avg Loss||Return|
Terramin Australia (TZN.AX)
SINE WEIGHTED MOVING AVERAGE
Trading: SELL @ $0.069
Signal Strength: STRONG
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.
Terramin Australia (ASX:TZN) currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 4.5%.
A Sine wave is a smooth repetitive oscillation that shifts between a high of y and a low of -y. A SW-MA takes its weighting from the first half of a Sine wave cycle so the largest weighting is given to the data in the middle. The result is very similar to the Triangular Moving Average (Tri-MA) but much more difficult to calculate.
Calculation: Sine Weighted Moving Average (SWMA):
4) S2:=Sin(2*180/6)*Ref(C -1);
5) S3:=Sin(3*180/6)*Ref(C -2);
6) S4:=Sin(4*180/6)*Ref(C -3);
7) S5:=Sin(5*180/6)*Ref(C -4);
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.
|AJX Alexium International||0.13||8.7||796,462||-1.6||BEARISH|
|SMN Structural Monitoring Systems||0.76||7.8||422,370||-2.3||BEARISH|
|ATL ASX 20||0.41||5.1||164,830||-6.2||BEARISH|
|PSI Pacific Strategic Investments||2.5||3.7||2,239||-0.2||BEARISH|
|AUB Austbrokers Holdings||10.69||3.2||190,235||-6.1||BEARISH|
|AGI Ainsworth Game Technology||0.72||2.9||26,545||-3.2||BEARISH|
|MNS Milnes Holdings||0.19||2.7||69,994||-6.4||BEARISH|
|WHC Whitehaven Coal||3.75||2.7||8,139,004||-4.1||BEARISH|