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

Williams %R



Position Trades Duration Win Rate Win/Loss Avg Win Avg Loss Return
LONG 41 8.2 0.76% 3.10% 3.3% -3.8% 64.0%
SHORT 41 11.4 0.51% 1.05% 3.6% -4.5% -14.9%


Technical Analysis

Xero (XRO.AX)



Last Signal:


Trading: BUY @ $82.3
Signal Strength: STRONG

Indicator is best used in conjunction with additional indicators as it has the ability to highlight potential overbought or oversold levels. This indicator utilizes upper and lower bands to visually represent price extremes associated with the bands. Additional value can be added to the trading strategy by accessing divergences between price and volume.

Xero (ASX:XRO) is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Developed by Larry Williams, Williams %R is a momentum indicator that is the inverse of the Fast Stochastic Oscillator. Also referred to as %R Williams %R reflects the level of the close relative to the highest high for the look-back period.

Calculation: Williams %R:
1) %R = (Highest High - Close)/(Highest High - Lowest Low) * -100;
2) Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %R is multiplied by -100 correct the inversion and move the decimal;


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:

Williams %R

Company Close Change(%) Volume Value Signal
AFL ASX 50 0.18 9.4 520,350 0 BEARISH CROSSOVER
MCY Mighty River Power 5 7.1 7,917 0 BEARISH CROSSOVER
LNG Liquefied Natural Gas 0.21 5.1 2,729,105 40 BEARISH CROSSOVER
CAR Carsales 16.74 4 912,376 2.8 BEARISH CROSSOVER
BPT Beach Petroleum 2.49 3.8 6,575,446 4.3 BEARISH CROSSOVER
GTN GTN Resources 0.7 3.7 7,121 52.4 BEARISH CROSSOVER
DCG Decmil 0.91 3.4 32,057 41.7 BEARISH CROSSOVER
PGH Pact 2.71 3 784,417 6.7 BEARISH CROSSOVER
MNY Money3 2.25 2.7 301,346 12.5 BEARISH CROSSOVER
NEA Nearmap 2.72 2.6 2,589,326 51.7 BEARISH CROSSOVER