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)

 Mathematical fx forecast
Mathematical fx forecast

Mathematica Fx forex trading

Comments: 6
  • #6

    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...

  • #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!

  • #4

    Henry (Friday, 19 August 2016 14:49)

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

  • #3

    murthy (Monday, 08 August 2016 20:00)

    It is a wonderfull farmula.

  • #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!

  • #1

    Peter (Friday, 19 September 2014 20:20)

    No any Indicator, apart from from the excel spreadsheet?

fxforecast.zip
Compressed Archive in ZIP Format 5.2 KB