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[amibroker] Re: Re: Re: Dimitris - Lucas bar counts and re again



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Wallace:
 
I did not miss the links.  However, the data 
shown does not really answer the question as to whether Lucas is better than 
Fibonacci.  As a result, I ran a comparison that did not show a difference 
and then asked you if you could demonstrate the difference.  What I did was 
to superimpose on your chart the bar count for obvious pivots from the previous 
pivot (red numbers on chart).   The total difference between 
these bar numbers and the closest number in four series (Lucas, Modified Lucas 
(includes 14 & 22), Fibonacci, and Modified Fibonacci (analagous to Modified 
Lucas with 16 & 26 included) was determined.  The average of these runs 
and the corresponding 1 sigma are shown on the chart.  Within each subset 
(modified and unmodified) there is essentially no difference between Lucas and 
Fibonacci.  So on the basis of this analysis choose your poison but I am 
not too comfortable with modifying either series.  Although I would be 
surprised,  backtesting might demonstrate an advantage one way or the other 
in terms of the bottom line.
 
Bill
<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  vistor09 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">amibroker@xxxxxxxxxxxxxxx 
  Sent: Tuesday, June 22, 2004 12:25 
  PM
  Subject: [amibroker] Re: Re: Dimitris - 
  Lucas bar counts and re again
  "wavemechanic", obviously you missed the initial post:'EW 
  not, Ellipse yes' msg # 65784NB: Yahoo will split the addresses 
  required to access the pages.'Fx Time Projection/Counts'<A 
  href="">http://www.moneytec.com/forums/_showthread/_s-2391d4c7aca0fe6ae67d1a52b688656b/_threadid-7978'Bar 
  Counts'<A 
  href="">http://www.moneytec.com/forums/_showthread/_s-2391d4c7aca0fe6ae67d1a52b688656b/_threadid-8627Wallace.


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