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

Volume Rate of Change

Score

-0.15

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 89 4.9 0.56% 1.19% 2.5% -1.9% 46.6%
SHORT 89 5.2 0.40% 0.68% 2.5% -2.7% -54.8%

Summary

Technical Analysis

Xero (XRO.AX)


Indicator:

VOLUME RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $83.95
Signal Strength: MEDIUM
Recommendation:

Xero (ASX:XRO) currently has positive volume of change of 11%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Volume Rate of Change Volume (VROC) is an oscillator applied to volume rather than price and is calculated in the same manner as the Rate of Change (Price) indicator. VROC highlights increases in volume which normally occur at most significant market tops bottoms and breakouts.

Calculation: Volume Rate of Change (VROC):
1) ( Volume [today] - Volume [n days ago] ) / Volume [n days ago];


PROFILE: Xero (XRO.AX)


Stock Exchange: ASX
Company: Xero
Ticker Codes: | XRO.AX | ASX:XRO |

About Xero (ASX:XRO):

Xero Limited, together with its subsidiaries, operates as a software as a service company worldwide. The company offers Xero, a cloud-based accounting software that connects small businesses to their advisors. It also provides accountant/bookkeeper tools, including Xero HQ, Xero Practice Manager, Xero Workpapers, and Xero Cashbook/Ledger; and Xero mobile app. The company serves various businesses, such as retail, high tech, non-profit, legal, Amazon sellers, hospitality, cafÚs, startups, construction, creatives, e-commerce, small business, healthcare, farming, manufacturing, tourism, and real estate. Xero Limited was founded in 2006 and is headquartered in Wellington, New Zealand.

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Volume Rate of Change

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MNS Milnes Holdings 0.19 35.7 7,820,143 246 BULLISH
MCP Mcphersons 2.85 6.7 777,047 204 BULLISH
ORE Orocobre 3.4 6.6 5,681,011 802 BULLISH
IPD Impedimed 0.17 6.5 264,442 101 BULLISH
FNP Freedom Nutritional Products 4.95 5.5 527,076 82 BULLISH
CVW Clearview Wealth 0.51 5.2 34,015 70 BULLISH
OCL Objective Corporation 6.1 5.2 45,754 216 BULLISH
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KAR Karoon Gas Australia 1.39 4.9 4,815,705 204 BULLISH
FXL Flexigroup 1.96 4 1,602,121 68 BULLISH