Description
The Taylor Trading Zone Calculator – Decimal Edition
For markets where daily price movement is generally less than 10 points (Forex, CL)
Excel spreadsheet for calculating the daily trading zone for S&P futures using Taylor’s Trading Technique. Purchase this calculator to apply Taylor calculations to markets where the daily trading range is less than 10 points such that decimals are significant. This calculator accommodates up to 5 decimal places. Examples are Forex, Crude Oil Futures (CL1!), and Nifty50 Futures. Taylor’s trading technique is a mathematical model predicting where a market is likely to trade. Taylor’s calculations have a 75-year history of accuracy for determining support, resistance, and trading range.  Taylor based his calculations on his 1950’s studies of grain markets. In 2002, S&P futures trader and author George Angel backtested Taylor’s calculations for 20 years, applying various modifications to find the one that best modeled S&P market prices over that timeframe. This is what you’re getting!Â
To learn how to calculate Taylor’s formulas, you can buy Taylor’s book, but the book is extremely difficult to understand and the calculations are not provided. Angel didn’t provide the calculations either, but simply an explanation of the modifications to Taylor’s original work. To actually figure out the calculations is extremely difficult. In addition, the calculations must be updated daily with the most recent prices, so the calculation must be “baked fresh” each day. For this reason, the calculations need to be performed each day for the following session.
Taylor’s model has proven invaluable to professional futures traders. Every S&P futures trader should know what the pros know.
So why hasn’t Taylor been adopted by casual and novice traders? That’s a good question, and the reason is that the mathematical formulas are difficult to calculate. Traders who want to try Taylor Trading Technique for themselves can purchase his book – but the book doesn’t provide clarity on how the calculations are expressed.
Over the years, Taylor’s model has been adopted by almost all professional traders because it’s the next best thing to having a crystal ball of where support and resistance are likely to be, and the zone where prices should trade. Taylor’s Trading Technique calculations for S&P futures can be purchased right here. The calculations are built into this Excel spreadsheet. To refresh the calculations, simply enter the most recent open, high, low, and close, then drag to the next row.
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