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By introducing mechanics, we begin to explain the mechanisms that lead to the observed patterns. Some years ago, Dublin-born Alan Newell and Patrick Shipman at the University of Arizona applied elasticity theory to continuum models of growing cacti shoots. The formation of phylla was represented by buckling of the growing surface and the resulting pattern, corresponding to a minimum of the elastic energy, took the form of superimposed waves.
The observed pattern involved triad interactions, the interactions between three waves which satisfy criteria called resonance conditions. For a resonant triad, the wavenumbers of two waves must sum to that of the third, K1 + K2 = K3. This is similar to the recurrence relation for the Fibonacci numbers, F(n) = F(n-1) + F(n-2) providing a link between the wavenumbers and the arithmetic of the Fibonacci sequence.
But mechanics could not answer all the questions. For a more complete picture, biochemistry was needed. Recently, Newell and Matt Pennybacker (2013) have shown that the observed patterns emerge from a pattern-forming front arising from a combination of a biochemical and mechanical instabilities. Growth is stimulated by a plant hormone called auxin. The growth front is a solution of a nonlinear partial differential equation (PDE) for u, the concentration of auxin
[Equation omitted]
Auxin-PDEThe formation of primordial seeds is driven by high auxin concentrations. The growing seeds exert forces on each other, creating geometric patterns, and the geometry can trigger the production of auxin, leading to a feedback loop. Thus, biochemistry, mechanics and geometry all play a role in generating the observed patterns.
(emphasis mine)
I would have to find the article I recently read that claimed the occurrence of these magic numbers in Nature was mostly confirmation bias rather than anything deeper. Can't find it, so let me know if you know what I am referring too.
I just love how Fibonacci numbers are applied across so many fields. They work very well in computing, economics and business situations. My special notice is drawn to the fact that the sequence is missing 4 and also has two 1’s. There are some estorical meanings to this sequence. It also relates to phi ( a Greek letter), involved in the golden ratio. With so many applications and appearances of Fibonacci sequences, I can’t really believe that they are just confirmation bias. Perhaps they are part of the simulation.
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It's quite fascinating indeed.
Too bad TAs (you know, those guys drawing stupid lines on price graphs) have tried to pervert the meaning of Fibonacci numbers for crypto-bros~~
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I can believe that they are trying to tie Fibonacci numbers into price graphs because prices move, many times, to Fibonacci gains or retraces at 33% and 66% levels before changing direction, again. People looking at futures and options use these figures extensively. Betimes, I have made money using these positions.
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Isn't it at best kinda like a self-fulfilling effect?
If enough people believe the price will follow these trends, their collective belief will make it happen...
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It could be, but the trick is to discern the movement before it gets too apparent to too many others, then get out just before the movement changes direction. I have to say that in many cases you are competing against front-running algorithms, which makes maximum gains almost impossible, because they get there first.
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Yeah... nothing for me, for sure. TA seems like too much time doing something unproductive... but I'm sure some people enjoy it and a select few make some money while doing so.
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That's a good one! You're a genius in Maths and applied science. I don't understand them well. What do you do?
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I'm a physicist. Far from being a genius though, many much smarter people around me. Math is something I enjoy reading about, but my actual math skills are quite rusty other than the few specific ones I need for my daily research.
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