Exploring Accurate and Error-Reducing Techniques for Calculating Support and Resistance Prices on Forex Charts

The provided information details the principles of Support and Resistance (SAR) points, explaining how they manifest as narrow trading ranges, act as reversal and support points in graphs, and how they may expire due to volume depletion. The theory also proposes a hypothesis regarding the quantities associated with SAR points, addressing the impact of buying and selling volumes on graph behavior. Equations are introduced to calculate SAR point quantities and predict graph direction in relation to SAR points. The research emphasizes that SAR points are instrumental in guiding trading decisions and should be considered in investment strategies. Furthermore, the text acknowledges that real-world data often deviates from the theoretical framework due to the presence of noise in Forex price charts, a topic to be explored in future research.