2009.04.28 YOUR OWN CASINO
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- TheRumpledOne
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cpamom, Apr. 28, 2009
cpamom, Apr. 28, 2009 wrote then
Out of 4,160 bars 28.82% moved up 10+ pips from open, 25.89% went down 10+ pips, 1.63% didn't hit 10+ either way, 43.65% hit it both directions.
Fore those bars hitting the O (Open)+10 mark on the upside only, the average move up was 46.64 pips.
I note cpamom actually found a striking similarity to the findings of the theory of chaos. The condition of 10+ pips is equivalent to min 10pips.
When we multiple 10pips times Feigenbaum constant (4.669), we obtain that the average move up was 10 x 4.669 = 46.69 pips!
For those hitting O-10 on the downside only, the average move down was 49.09 (slightly more than 4.669).
When both sides hit, the average move was 34.88 pips up and down was 35.81 pips.
Here this average is very near 10pips x 3.5699 = 35.69 pips! Recall that 3.5699 is one of the most important borders of chaos.
The sample cpamom used of 4,160 bars is big enough for these figures to become statistically significant.
It would be unwise to ignore those similarities, and there should be more discussion. A happy happening and a piece of sound science. We are back to
stage 1 to review the strategy once again.
The concept presented by the founder of the thread is not a classical trigger
from the theory of chaos, yet it is some kind of a trigger!
In my opinion it is a very valuable concept, as it belongs to the world of non-linear dynamic systems.
Very special greetings to the RumpledOne.
Out of 4,160 bars 28.82% moved up 10+ pips from open, 25.89% went down 10+ pips, 1.63% didn't hit 10+ either way, 43.65% hit it both directions.
Fore those bars hitting the O (Open)+10 mark on the upside only, the average move up was 46.64 pips.
I note cpamom actually found a striking similarity to the findings of the theory of chaos. The condition of 10+ pips is equivalent to min 10pips.
When we multiple 10pips times Feigenbaum constant (4.669), we obtain that the average move up was 10 x 4.669 = 46.69 pips!
For those hitting O-10 on the downside only, the average move down was 49.09 (slightly more than 4.669).
When both sides hit, the average move was 34.88 pips up and down was 35.81 pips.
Here this average is very near 10pips x 3.5699 = 35.69 pips! Recall that 3.5699 is one of the most important borders of chaos.
The sample cpamom used of 4,160 bars is big enough for these figures to become statistically significant.
It would be unwise to ignore those similarities, and there should be more discussion. A happy happening and a piece of sound science. We are back to
stage 1 to review the strategy once again.
The concept presented by the founder of the thread is not a classical trigger
from the theory of chaos, yet it is some kind of a trigger!
In my opinion it is a very valuable concept, as it belongs to the world of non-linear dynamic systems.
Very special greetings to the RumpledOne.
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Thank you for your support.
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