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

Bollinger Bands

Score

-1.35

Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 34 16.0 0.38% 0.59% 7.0% -2.6% 33.8%
SHORT 34 8.3 0.12% 0.13% 4.1% -2.8% -68.6%

Summary

Technical Analysis


The purpose of the Bollinger Bands is to provide a relative definition of high and low. By definition prices are high at the upper band and low at the lower band. This definition can aid in rigorous pattern recognition and is useful in comparing price action of the action of indicators to arrive at systematic trading decision.

Calculation: Bollinger Bands:
1) Middle Band = 20-day simple moving average (SMA);
2) Upper Band = 20-day SMA + (20-day standard deviation of price x 2);
3) Lower Band = 20-day SMA - (20-day standard deviation of price x 2);


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.

Top 10:

Bollinger Bands

Download
Company Close Change(%) Volume Value Signal
BSL Bluescope Steel 15.21 5.2 2,787,185 -0.29 BEARISH CROSSOVER
GRR Grange Resources 0.24 4.3 393,189 -26.05 BEARISH CROSSOVER
DMP Domino 52.25 2.2 186,639 -2.77 BEARISH CROSSOVER
NEC Nine Entertainment 1.88 2.2 4,563,754 -51.19 BEARISH CROSSOVER
VOC Vocus Communications 2.96 2.1 1,388,177 -27.61 BEARISH CROSSOVER
AHY Asaleo Care 1.07 1.9 189,707 -24.25 BEARISH CROSSOVER
AGI Ainsworth Game Technology 0.76 1.3 24,916 -8.9 BEARISH CROSSOVER
AUI Australian United Investment 9.82 0.6 27,191 -67.92 BEARISH CROSSOVER
FDV Frontier Digital Ventures 0.8 0.6 70,045 -15.25 BEARISH CROSSOVER
STO Santos 8.25 0.6 3,420,267 -15.68 BEARISH CROSSOVER