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Math Help - Two examples of a 4 figure equation that needs help

  1. #1
    Newbie
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    Two examples of a 4 figure equation that needs help

    Hi,

    Firstly, I am sure I have to appologise for, probably, posting this in the wrong section. Sadly Math is not my strong point, so much so that I don't even know which section this should be posted in.

    I am a FX trader and I have some figures that I need to stack up, or come very close to it.

    I have two examples, which I hope will be enough to solve this.

    Set one:

    A combination of these three figures (Which are in order of High, Low and Close price)

    1.3333 H
    1.2587 L
    1.2678 C

    Equal this figure: 1.2645


    Set two:

    1.3682 H
    1.2643 L
    1.3633 C

    Equal: 1.3673

    I do not have anymore information at this stage other than it 'might' be fibonacci related, though our group doubts that.

    Can anyone please help?

    Kind Regards

    Lee
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  2. #2
    Grand Panjandrum
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    Quote Originally Posted by leemonk View Post
    Hi,

    Firstly, I am sure I have to appologise for, probably, posting this in the wrong section. Sadly Math is not my strong point, so much so that I don't even know which section this should be posted in.

    I am a FX trader and I have some figures that I need to stack up, or come very close to it.

    I have two examples, which I hope will be enough to solve this.

    Set one:

    A combination of these three figures (Which are in order of High, Low and Close price)

    1.3333 H
    1.2587 L
    1.2678 C

    Equal this figure: 1.2645


    Set two:

    1.3682 H
    1.2643 L
    1.3633 C

    Equal: 1.3673

    I do not have anymore information at this stage other than it 'might' be fibonacci related, though our group doubts that.

    Can anyone please help?

    Kind Regards

    Lee
    More context please, and one more data set might help as well.

    CB
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  3. #3
    Newbie
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    Oct 2010
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    Morning CB,

    Thank you for the reply.

    Sadly, the only other data set I have has not been confirmed. We have been told it is correct, and we beleive that it is 'close', but we also beleive it is incorrect.

    I can get that set if you think it might help.

    In relation to context:

    We have a trading strategy that we have been working on for sometime with a gentleman that brought it to our group. The strategy is based around a new Baseline each month, which he has told us is derived from the High, the low and the close of the monthly candles.

    For those that are not familiar with the HLC. When trading 'candles' the wicks (lines) that are at the highest and lowest points are called the high and the low. The body of the candle (the thick coloured bit) is the difference between where that candle started and where it finished (open and close). Candles have no fixed size as you will see from the chart attached.

    The baseline which I refer to is derived from the High, low and close of the previous months candle. So a combination of those three figures gives you the new baseline for the following month.
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  4. #4
    Grand Panjandrum
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    Quote Originally Posted by leemonk View Post
    Morning CB,

    Thank you for the reply.

    Sadly, the only other data set I have has not been confirmed. We have been told it is correct, and we beleive that it is 'close', but we also beleive it is incorrect.

    I can get that set if you think it might help.

    In relation to context:

    We have a trading strategy that we have been working on for sometime with a gentleman that brought it to our group. The strategy is based around a new Baseline each month, which he has told us is derived from the High, the low and the close of the monthly candles.

    For those that are not familiar with the HLC. When trading 'candles' the wicks (lines) that are at the highest and lowest points are called the high and the low. The body of the candle (the thick coloured bit) is the difference between where that candle started and where it finished (open and close). Candles have no fixed size as you will see from the chart attached.

    The baseline which I refer to is derived from the High, low and close of the previous months candle. So a combination of those three figures gives you the new baseline for the following month.
    We do not help with this sort of thing, what we do is steal your ideas and use them ourselves. Which is why MHF is free, the staff are all stinking rich from their shrewd mathematical investment schemes.

    CB
    Last edited by CaptainBlack; October 2nd 2010 at 09:36 PM.
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