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<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
vistor09
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Tuesday, June 22, 2004 9:27
PM
Subject: [amibroker] Re: Re: Re: Dimitris
- Lucas bar counts and re again<FONT
size=2>
<BLOCKQUOTE
><FONT
size=2>snip
I don't understand how/what you're comparing from your explanation
Bill, your comparison appears to net out at zero for both Lucas and
Fibonacci which seems to me odd.
The net is not zero. Simply
total the number of bars (without regard to direction) between the peak and
the nearest bar with the closest Lucas-Fibonacci number, calculate the average
and standard deviation (1 sigma). You can do this with most hand
calculators or Excel. You indicate below that you are not looking
at the chart. When you do I think it will be clear. Lucas and
Fibonacci produce essentially the same result in terms of being able to hit
pivots. I suspect that they will also produce equivalent results in
terms of equity but that would have to be
verified.<FONT color=#800000
size=2>
<BLOCKQUOTE
><FONT
size=2>snip
I don't know that anyone else counts as I do, never actually got a
response from anyone about my posts to say they've tried Lucas and it
does/does not count, so your investigation is actually quite welcome
as I think about it, an 'independant 3rd party' review.
I have seen others use Lucas in
various markets. I have not, however, seen anyone modify the Lucas or
Fibonacci series.<FONT color=#800000
size=2>
But are you an fx trader Bill or the other stuff ?
Yes.
snipi<FONT
size=2>
What's a '1 sigma ' ?
Here is a link: <A
href="">http://www.shodor.org/UNChem/math/stats/Will
look for your chart on Purebytes tomorrow, hopefully understand what
you're referring to then get back to you.
Look at the chart, reproduce the
results, and then I think you will
undestand.Wallace.------------------------
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