The Analytical Description of Wave Indicators of Forecasting Dynamic Series in Dealing Information Systems

The analytical approach to the mathematical description of indicators constructed on the basis of Elliott wave theory is considered. The complexity of choosing such indicators will consist in a variety of their representation in time, absence of numerical methods of their description, as well as criteria of estimating their accuracy. Moreover, the effective choice of this or that indicator depends on subjective factors. In this connection the problem of analytical representation of indicators is actual. The paper suggests the Elliott wave theory in the analytical form, obtained with the help of the Fourier harmonic theory, should be used for forecasting complex stochastic time series. Time series of exchange rate is considered as the process understudy.