type
status
date
slug
summary
tags
category
icon
password
🌟 Complete Calculation of Quantum Price Level (QPL)
🚩 Step 1: Prepare Data
You need daily price data for a financial asset, including Open, High, Low, Close, and Volume.
For example:
Date | Open | High | Low | Close | Volume |
2023-01-01 | 100 | 105 | 99 | 101 | 50000 |
... | ... | ... | ... | ... | ... |
🚩 Step 2: Compute Daily Return
Note: The first data point cannot be computed as it requires the previous day's closing price.
🚩 Step 3: Compute the Wave Function Q(r)
- First, compute the standard deviation of all daily returns:
- Define the interval width:
- The range spans from \( 1 - 3\sigma \) to \( 1 + 3\sigma \), divided into 100 bins.
- Each bin width:
- Count the occurrences of daily returns \( r \) in each bin.
- Normalize the frequency count to obtain the wave function \( Q(r) \), which represents the probability distribution of historical returns.
🚩 Step 4: Compute λ (Lambda)
Identify the bin with the highest frequency \( r_0 \) and its adjacent bins \( r_{-1} \) and \( r_{+1} \), then compute \( \lambda \):
- \( r_0 \) is the return corresponding to the highest probability.
- \( Q(r_{-1}), Q(r_{+1}) \) are the adjacent bins' probabilities.
This method is calculator-friendly, making it the recommended approach.
🚩 Step 5: Compute the 21 Quantum Financial Energy Levels QFEL(n)
First, calculate the energy scaling factor K(n):
Then, solve the cubic equation for E(n):
To solve this, apply Cardano's formula:
Given a cubic equation:
The solution is:
where E(n) is the quantum financial energy level QFEL(n).
🚩 Step 6: Compute Quantum Price Return (QPR)
This step normalizes the quantum energy levels by the base level QFEL(0) to make them comparable.
🚩 Step 7: Compute the Normalized QPR
This step scales QPR to align with market price movements.
🚩 Step 8: Compute Quantum Price Levels (QPL)
QPL comes in positive and negative variants:
- Positive Quantum Price Level QPL^+:
- Negative Quantum Price Level QPL^-:
Thus, for each trading day, we obtain 21 positive and 21 negative QPL levels, which can be used to predict significant price points.
🚩 Step 9: Quick Calculation Summary for Casio Calculator
When using your Casio calculator, you need to input only:
- Daily price data (Open, Close)
- Compute σ (standard deviation) to derive dr
- Distribute daily returns into 100 bins and compute Q(r)
- Identify the highest Q bin and its adjacent bins r₀, r₋₁, r₊₁
- Compute λ
- Solve for QFEL(n) using Cardano's formula
- Calculate QPR(n) and NQPR(n)
- Multiply by Open Price to obtain QPL^+ and QPL^-
Even if you're new to financial modeling, this step-by-step process ensures clear and accurate computation of QPL.
🚩 Important Notes
- λ is asset-specific—different assets have different λ values.
- QPR and NQPR map quantum price levels to real-world market prices, making them actionable.
- Using the symmetric method for λ is the easiest way to input into a Casio calculator.