Taylor Trading Technique Calculator
Download The Taylor Trading Technique Calculator – a crystal ball for traders – works for any market
The Taylor Trading Technique – Forecasting Tomorrow’s Trading Zone
The Taylor trading technique is a mathematical model predicting where a market is likely to trade in the future. George Taylor studied price movements in several grain markets waaaay back in the 1950’s. Taylor measured market movements from lows to highs and again from highs to lows. His studies confirmed two things, each quite remarkable:
1. Markets are engineered both up and down by degrees by the market makers (who were grain sellers). The objective that these market makers wanted to achieve was to sell their product for the highest prices when the grain came to market in the future. His book, Taylor Trading Technique, details how this was done.
2. Every market exhibited the same type of movement. From his observations, Taylor was able to develop a mathematical model to predict market price movements in the near future.
Where Will The Market Trade Tomorrow?
A critical part of technical analysis is knowing the zone where a market is likely to trade. The value of the Taylor trading technique lies in its ability to provide this information. Calculating the likely market range for the next session (or within the current cycle) is determined by measuring the price ranges of lows to highs and highs to lows. Using these variances of market rise and fall averaged over a range of trading days, Taylor created an algorithm of 12 calculations to predict support, resistance, & the trading zone for the following day (in the case of a stock or future). This algorithm is the heart of the Taylor trading technique. The measurements comprising the algorithm were pioneered by George Taylor in the 1950’s, hence the name Taylor trading technique. Since then, the algorithm has proven applicable to virtually all tradeable markets, and is an important tool, in addition to candlestick patterns, used by most professional market traders.
Taylor’s book is available at bookstores and on Amazon. To learn how to calculate the formulas, you can try to figure them out from the book, but traders find the book extremely difficult to understand and the calculations, although difficult to formulate (see video below), are not provided. The formulas that comprise the Taylor trading technique are also not taught at other trading schools (they don’t know how) if you can find them at all.
“Like A Crystal Ball For Traders”
Professional traders use the Taylor trading technique each day in the markets they trade, giving them the “edge”. They know the day’s support, resistance, and trading zone. The Taylor trading technique calculations are averages of averages, and the formulas are not available to the average trader.
Decimal and Non-Decimal Versions
Two versions of the Taylor Trading Calculator are available. If you purchase one version and later decide you want the other version, you can get it at no additional cost.
Regular Version (best for E-minis)
The regular (non-decimal) version is more convenient for markets where the daily trading range is greater than 10 points, such as ES, NQ, MES, Nifty 50, BankNifty index, & etc. If you trade only ES, MES Futures & markets where prices range more than 10 points/day, choose this. (Get This Version)
Decimal Version
The decimal version is for markets where the daily trading range is less than 10 points, such as Forex and CL crude oil) Futures. The non-decimal version is more appropriate for markets that trade in a narrow range. (Get This Version)
After downloading the Taylor trading technique calculator, it can be used to generate files for each market you trade, not just one. The easy instructions for setting it up are included in the calculator. All that is required is entering 5 consecutive days of OHLC prices during regular trading hours (RTH). The calculator forecasts where prices are most likely to trade in the next session. Give your trading the “edge”. The Taylor technique calculator is invaluable for futures traders, but the Taylor Trading Technique can also be used for stocks and other markets by simply seeding it with 5 days of open, high, low, and closing prices.
And here’s what Dan said about the Taylor calculator
Ever since Taylor developed his “book method” over 75 years ago, traders who have learned its secrets are amazed by its accuracy to forecast prices. But only a very few traders have been able to do so, because Taylor’s method is so difficult to calculate and requires multiple formulas. These formulas, priceless, reveal the most important information every trader wants to know: where are prices likely to trade in the future. For day traders, that’s the next session.
Now, it’s your turn to decide. Try the Taylor Trading Technique Calculator for yourself.
Quick Start: Download, Setup, Skipping Holidays
How To Download and Install The Calculator
The Taylor Trading Calculator operates as an Excel spreadsheet and works on both Mac & PC computers. The file is downloaded as a compressed zip file. Extract the Excel file (Taylor Calculator.xlsx or Taylor Decimal Calculator.xlsx, depending on your purchase) and save it to your computer.
(not a video)
How To Set Up The Calculator
The first time the calculator is opened, it displays the copyright screen. Click the tab on the bottom to switch to the calculator. Follow the initial setup instructions in the green highlighted cell, top left. This video demonstrates how to set up the calculator for the first time, and how to use the calculated support and resistance to create a trading zone on your chart to determine the likely area prices will trade the following day.
How To Skip Rows For Non-Trading Days
Quick Tip: It’s important that there be no blank rows in the Taylor Trading Calculator. That’s why we only include weekdays in the date column; but when a trading holiday falls on a weekday and markets are closed, that row will be blank. When this happens, the blank row can’t just be deleted, it must be skipped. This short video demonstrates how to skip a row – as you’ll see, skipping a row is very simple.
Why You Need The Taylor Trading Technique Calculator
Taylor’s Trading Technique is like having a crystal ball to know where the market is likely to trade. Most S&P futures day traders can’t possibly calculate Taylor’s numbers because the formulas are so difficult, as this video explains. After years of study, I’ve learned the multiple calculations that comprise Taylor’s trading zone and entered them into an excel spreadsheet. Now, you can have the same Taylor numbers that have been available only to professional traders.
This video explains Taylor’s calculations