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.


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)

 Mathematical fx forecast
Mathematical fx forecast
Compressed Archive in ZIP Format 5.2 KB

Write a comment

Comments: 6
  • #1

    Peter (Friday, 19 September 2014 20:20)

    No any Indicator, apart from from the excel spreadsheet?

  • #2

    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!

  • #3

    murthy (Monday, 08 August 2016 20:00)

    It is a wonderfull farmula.

  • #4

    Henry (Friday, 19 August 2016 14:49)

    Pls can someone explain this clearer, my email Kel.henry6@gmail.com. Thank you

  • #5

    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!

  • #6

    George (Thursday, 13 October 2016 22:27)

    thank you for the zip file...
    p.s. download the file change the prev high and low and the formula will calculate it for you...