Disliked{quote} Yes but who said that 5 is the magical number, you can say it's 3, or 7 or any odd number except 1. It is just an unverified claim. I`m sure mr. Bill Williams didn't tested quantitatively the cluster sizes and came up with the conclusion of the "5" is the absolutely best number.I`m more likely to believe that he pulled that number out of his *ss. Otherwise show me the scientific documentation about this cluster analysis where it's scientifically proven that 5 is the magic number.Ignored
PS: Find new forms of Technical Analysis
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