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Re: GEN: Re: Question about forcasting ranges.



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Brent, you lost me.  Both the numerator and denominator are in increments of
1/4.  Consequently, how can you get a result that is also in 1/4 increments,
except when the denominator is 1?  Bill

BrentinUtahsDixie wrote:

> I wrote a simple little formula that divides today's range by yesterdays.
> Omega code follows.
>
> (TrueHigh-TrueLow)/Iff((TrueHigh-TrueLow)[1]>0,(TrueHigh-TrueLow)[1],1)
>
> I put it on Sep. 99 Wheat and although I know that some of this may be
> coincidence; each day going back 18 days either landed close to an even
> fraction such as 3/4 or 6/4 etc. except on certain days. On these days the
> ratio was either exactly or very close to a golden ratio (.62). This is the
> list going back starting at Friday and going back 18 days (where I quit
> looking). Yes, I know that the grains trade in 1/4 points but does that
> explain this exactly, there are days that are .62 or .33 etc. Here is the
> list.
>
> 3/4, 6/4, Ratio(.62), 3/4, 5/4, 6/4, 3/4,10/4, 2/4, 5/4, Ratio(.62), 4/4,
> 6/4, 5/4, 8/4, 2/4, 5/4, and lastly another Ratio(.62)
>