Trying to figure out the formula

Blake0920

Board Regular
Joined
Jan 2, 2022
Messages
60
Office Version
  1. 2016
Platform
  1. Windows
Hi there,

I am trying to crack this formula but cannot seem to figure it out.

Essentially there are three numbers being used, the high, the low, and the close.

H - 4473.00
L - 4415.00
C - 4452.25

To calculate the median you add the H+L+C/3 = 4446.75

I want to use the fibonacci formula to calculate the values. R1,R2,R3 - S1,S2,S3.

R1 = Pivot + 0.382 * (H - L)
R2 = Pivot + 0.618 * (H - L)
R3 = Pivot + 1.000 * (H - L)

S1 = Pivot - 0.382 * (H - L)
S2 = Pivot - 0.618 * (H - L)
S3 = Pivot - 1.000 * (H - L)

Is there a was to reverse engineer how the numbers are calculated above and below the median?

Copy of SupportResistance Calculator.xls
QRS
88H - 4473.00
89L - 4415.00
90C - 4452.25
91
924548.75
93R24515.25
944490.25
95R14471.5
964457.25
974446.75
984438
99S14426.25
1004410.75
101S24390
1024362.5
Sheet1
 

Excel Facts

How to fill five years of quarters?
Type 1Q-2023 in a cell. Grab the fill handle and drag down or right. After 4Q-2023, Excel will jump to 1Q-2024. Dash can be any character.

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