What is a fractal analysis of the market?
Fractal analysis of the forex market (FOREX), stocks, futures, metals - a new trend prediction markets, building on the most advanced of the existing at the time, the mathematical model. In contrast to classical technical analysis, fractal market analysis FOREX, NYSE, FORTS is a scientifically valid method of predicting prices, and thus does not exclude the postulate "the price includes all." Therefore, fractal analysis of markets often results in a graphical forecasts, which puts it on par with the technical analysis of markets (Charting), and use all the tools of technical analysis in conjunction with a fractal.
Our research in the field of classical technical analysis showed that the community of traders there are no uniform standards. There are many different techniques of forecasting, radically different from each other. Moreover, if we ask the two traders to analyze any market using the same tools of technical analysis, we find a difference in interpretation of results. This phenomenon is due to imperfection of all the techniques of technical analysis (if it were not so, there would be a single, globally available technology forecasting, giving unambiguous results.) Here comes into force the human factor when the two traders, because of their experience and external circumstances, may give different estimates of the same market conditions. Agree that this should not be. We want to have confidence in the reliability prediction, and to find confirmation of their findings in the pages of analytical resources and communities of traders.
Fractal Market Analysis deprived of these shortcomings, because based on the clear laws of price formation, thus there is always one point of view of the schedule, which has a mathematical basis. On the other hand, the process of market analysis is partially automated, which eliminates the occurrence of errors in the forecast due to human error.
The birth of fractal market analysis was preceded by a search for the golden mean. Traders needed a versatile method of technical analysis of markets, which would explain the very essence of pricing, as well as combined all kinds of technical analysis, revealing their meaning.