60# Mathematical FX Forecast
Daily High/Low Forecasting Mathematical
Submit by Bob 18/09/2014
Mathematical Fx Forecast formula based of the prices of the candles: previous high,
previous low and open new candle.
Financial Market: Forex, Indicies, Commodities.
Time Frame: 5 min, 15 min, 30 min, 60 min, 240, daily, weekly and montly.
Formula
Forexcast High:
[(Previous day high/ previous day low * 100) -100] /100*price opening next candle)] + price opening next candle
Forexcast Low:
[(Previous day low/ previous day high * 100) -100] /100*price opening next candle)] + price opening next candle
There are three scenarios:-
1) Price of the market High or Low will be broken.
2) The price of the market will move around within High and Low;
3) The price of the market will break any one of the levels i.e either High or Low and move forward in its respective direction.
How to use
Example 17/09/2014
GBP/USD daily Time Frame
High= 1,6357
Low= 1,6247
next open= 1,6274
Forecast high= 1,6384
Forecast low = 1,6165
These forecast are two levels of the price extreme
In attach FX Mathematical forecast XLS file (Excel)
Irza (Sunday, 24 February 2019 09:13)
Easy
karan (Tuesday, 25 September 2018 14:41)
which time frame and currency best performance???
jordan (Wednesday, 15 August 2018 01:17)
whaat???
murthy (Friday, 19 May 2017 15:05)
which time frame best
loka (Friday, 28 April 2017 18:34)
Please help to explain me detail how to it work, how to do we identify the forecast? My email: loka.heng009@gmail.com Thanks!
George (Thursday, 13 October 2016 22:27)
thank you for the zip file...
cheers
p.s. download the file change the prev high and low and the formula will calculate it for you...
J-4X (Monday, 22 August 2016 22:48)
Im having issues making the math work. Please clarify the sequence of the math please! Use more () to separate each equation. thank you!
Henry (Friday, 19 August 2016 14:49)
Pls can someone explain this clearer, my email Kel.henry6@gmail.com. Thank you
murthy (Monday, 08 August 2016 20:00)
It is a wonderfull farmula.
AdBaak (Tuesday, 30 September 2014 12:16)
Good formula! I will try to work on it to get more accurate results. Will keep you in touch!
Peter (Friday, 19 September 2014 20:20)
No any Indicator, apart from from the excel spreadsheet?