Market Forecasting Algorithm for Forex and Stock Market Trading
What is Market Forecasting Algorithm ?
Market Forecasting Algorithm is the Excel and VBA Add-In containing various technical analysis algorithm to predict the financial market. We have created this for starers and experienced traders who does Forex and Stock Market Trading. It is free tool for everyone. It is a simple tool, in which most of analysis can be performed in few button clicks.
Where can we download Market Forecasting Algorithm as you said it is free ?
In this page below, we provide the tutorial on how to use Market Forecasting Algorithm + Download link.
What is the purpose of Market Forecasting Algorithm ?
We developed the Market Forecasting Algorithm for the Excel and VBA Add-In to help people to get familiar with Algorithms used in Forex and Stock Market trading. It is the free software and everyone can download and use them for many different purpose. You are free to send it to your friends and colleagues. You can use this software to do research or to write article, etc. Just do not resell this free software.
What the Market Forecasting Algorithm provides to users ?
Market Forecasting Algorithm will provide over 25 Technical Analysis tools + 9 Exponential Smoothing Forecasting Methods. You can mix and match any of these analysis to predict financial market. Market Forecasting Algorithm also includes ZigZag Indicator + Peak Trough Detection Algorithm, which are important to predict Fractal Pattern and Fractal Wave in the Forex and Stock Market.
What is the motivation to release this free software ?
We have researched extensively in the application of Fractal Pattern and Fractal Wave in the Forex and Stock Market Trading. After a decade of research, we can confirm that Fractal Pattern and Fractal Wave is a must understand concept if you want to make profits in the financial market because the past repeat itself and the market presents stochastic cycles rather than deterministic cycles. Hence, we need to concern the geometry of the market, which is already done by many successful traders around the world.
For example, the powerful trading techniques like Fibonacci Price Pattern, Support and Resistance, Elliott Wave, Harmonic Pattern, X3 Price Pattern are all derived price patterns from the concept of Fractal Pattern and Fractal Wave. Before understanding these techniques, practical training around Peak Trough Analysis is an essential step. However, we realized that there are not many easy to use tool for public. Hence, we have released this free software with various technical analysis + Peak Trough Detection Algorithm. At the same time, the Market Forecasting Algorithm comes with 9 different exponential forecasting methods. These algorithms are the powerful tools to capture the trend and cycles in the market. Hence, you can also use these algorithms in parallel to your trading if you wish.
Technical Specification of Market Forecasting Algorithm
This Excel Spreadsheet algorithm was developed in Microsoft Excel 2013. Hence, you need Excel 2013 or later version to run this spreadsheet and VBA. I think it was developed in 32 bit version of Excel. Before using this software, you need to add following Three Add-Ins in the List.
1. Add TechnicalAnalysis.xll into Add-Ins (This file is located together with Market Forecasting Algorithm.xlsm file)
2. Add TechnicalAnalysisAddin.xll into Add-Ins (This file is located together with Market Forecasting Algorithm.xlsm file)
3. Add Solver (google it if you do not know how to)
Is there any Reference for this Software ?
Yes, first of all. This article will show you how to use Market Forecasting Algorithm.