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Could we stop discussing analysis tools and techniques and please return to
bitching about Omega please? All this thoughtful talk occupies my time to
read it!
;)
Tounge-in-cheekingly-yours,
Mike
At 12:30 PM 3/21/2001 -0700, Gary Fritz wrote:
> > Baloney....T3 is very slow reacting.......HIGH LAG !
>
>Not true.
>
> > The lookback length must be approximately HALF of that of the one
> > used in a JMA plot to come even close.
>
>That's because the "length" inputs do not mean the same thing on the
>two functions. With the same inputs T3 has more lag than JMA, but
>that's because it's smoothing a lot more. Set them to whatever
>lengths it takes to get about the same lag, and you'll see they are
>very comparable. Filters like this are a lag/noise tradeoff; with
>less lag you get more noise, with less noise you get more lag. With
>the same lag the two averages have about the same amount of noise.
>
>Tim Tillson (not Tillman) is a friend of mine -- I've known him for
>over 20 years. I've also spoken to Mark Jurik about T3, and listened
>in when the two of them had some pretty interesting (& deep!)
>discussions at a recent MTA meeting. (It was the first time they'd
>met face-to-face, in spite of years of friendly rivalry.) Mark
>freely admits that T3 blew the doors off his previous version of his
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