SmartForecast Manual

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A. SmartForecast Elements
1. Market Strength Measures the current market volatility based on average market volatility.
Market strength is calculated on a daily and H1 time frames, using the average daily volatility
of the last 5 days compared to the volatility of the last 4 H1 bars.
Interpretations/examples
10- market is weak, no movement.
50- market is stronger, it is approximately half of the expected movement for the day.
90- market is very strong, something happened - for example important market news
2. Daily Market Trend Monitors the strength of the market trend on a daily basis.
Daily Market Trend is also calculated on a daily basis. It measures the strength of the trend
for the last 7 days.
3. Average Line (yellow) This line represents average values calculated on the basis of the
last 100 values in the graph (long-term average line) and the last 50 values in the chart (shortterm average line).
4. Support Line (blue) This line is calculated from the average values in the chart and
represents the lower line, the support price. The long-term line is calculated on the basis of
the last 100 values in the chart. The short-term support line is calculated using the last 50
values in the chart.
5. Resistance Line (red) This line is calculated from the average values in the chart and
represents the upper line, the resistance price. The long-term line is calculated on the basis of
the last 100 values in the chart. The short-term resistance line is calculated using the last 50
values in the chart.

B. Functions
The SmartForecast gives you three consecutive target prices. Please note that their places on the
chart are not indicative of the time that those prices will be reached and can be reached at any time.
Price 1 is calculated using the short-term resistance and support lines. Price 2 is calculated using the
long-term resistance and support lines and Price 3 is calculated based on the assumption that Price 2
has been confirmed.
Although SmartForecast gives the best investment scenarios when looking at the long term, you can
also use it for short-term forecasts.

This Manual does not take into account your investment objectives, financial situation or needs.
Forex, CFDs and futures are leveraged products and carry a high degree of risk to your capital. They
are not suited to all investors and you can lose substantially more than your initial investment. Please
ensure that you fully understand the risks involved, and seek independent advice if necessary.

ActivTrades PLC is authorised and regulated by the Financial Services Authority, FSA registration
number 434413. This Manual is for information purposes only and should not be considered as
investment advice or an invitation to trade. Although every effort has been made to ensure the
accuracy of the information contained in this Manual, the decision to act on any methods, ideas and
suggestions presented is at the sole discretion of user.