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?
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 | |||||
---|---|---|---|---|---|
Q | R | S | |||
88 | H - 4473.00 | ||||
89 | L - 4415.00 | ||||
90 | C - 4452.25 | ||||
91 | |||||
92 | 4548.75 | ||||
93 | R2 | 4515.25 | |||
94 | 4490.25 | ||||
95 | R1 | 4471.5 | |||
96 | 4457.25 | ||||
97 | 4446.75 | ||||
98 | 4438 | ||||
99 | S1 | 4426.25 | |||
100 | 4410.75 | ||||
101 | S2 | 4390 | |||
102 | 4362.5 | ||||
Sheet1 |