Closing in on the completion of the series on moving averages, I have overlaid the EMAs using Lucas Numbers to determine the number of periods to measure for daily, weekly, and monthly closes. 2 black 1 orange 3 red 4 pink 7 purple 11 dark blue 18 light blue 29 light green 47 black 76 orange 123 red 199 pink 322 purple 521 dark blue 843 light blue 1364 light...
Continuing the series, Lucas Numbers are ultimately derived from phi, the golden ratio. I consider them Fibonacci Multiples because I discovered them by taking the ratio of nonsequential numbers along the Fibonacci Sequence. Using daily, weekly, and monthly closes, I have overlaid the SMAs using Lucas Numbers to determine the number of periods to measure. 2...
Finally, we take a look at sets using Lucas Numbers to determine the measured periods. Using monthly closes, I have overlaid the SMAs and EMAs. The same color represents the same set of periods while the brighter color is the EMA and the duller color is the SMA. 2 black 1 orange 3 red 4 pink 7 purple 11 dark blue 18 light blue 29 light green 47 black 76...
Moving right along, here are the averages using Lucas Numbers. Refer to past posts for a look at daily closes and other sequences. Using weekly closes, I have overlaid the SMAs and EMAs of commonly used sets. The same color represents the same set of periods while the brighter color is the EMA and the duller color is the SMA. 2 black 1 orange 3 red 4 pink 7...
Lucas Numbers This is the final set of numbers for periods that we'll analyze in this series. In previous posts we discussed the significance of phi, the golden ratio, 0.618 and how Lucas Numbers relate to the Fibonacci Sequence. Using daily closes, I have overlaid the SMAs and EMAs. The same colors represent the same set of periods while the brighter color is...