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Fractal analysis for the cryptocurrency market 09 Jan. 2018 17:50 Fractal analysis is a fairly complex topic, so explaining it in a single article is impossible. We are going to eat the elephant in pieces and we will try to do it in at least two articles. Dear Friends, . This time, I would like to talk about fractals. I must say that fractal analysis is a rather complex topic, so explaining it in a single article is impossible. We are going to eat the elephant in pieces and we will try to do it in at least two articles. What do we know about fractals? The use of fractals allows you to immediately remember almost the entire history of the quotes of a currency pair. Fractal theory is complete and requires no additional tools. The use of fractals helps to avoid unreasonable losses and make an accurate forecast. Applying fractal properties to financial data allows you to create your own unique trading system. Well, this looks pretty attractive. Let's see how fractals work in practice.

To begin, let's define what a fractal is. In simple words, a fractal is a geometric figure, each part of which is a smaller copy of the entire structure. Any fractal has a certain set of properties. For clarity, I will describe these features regarding the  Peru Mobile Number List cryptocurrency market: Irregularity, that is, this or that fractal, appears randomly in time, without depending on the time period. Self-similar, that is, each fractal reproduces itself in the different time frames of the chart. Dimension is a property that defines the degree of deviation of the curve. In the price curve, dimension means the volatility of the price. A fractal can be linear and nonlinear. In my opinion, the simplest example of a fractal is "The Sierpinski Carpet.



LiteFinance: Fractal analysis for the cryptocurrency market |  Litefinance build easily,  you can draw it at home: Draw on a sheet of paper (grid is preferred) Divide the square into nine equal squares Paint the center square Repeat steps 2 and 3 with each smaller scale square, repeating this cycle each time, until the entire sheet is painted. However, there is nothing identical in nature. Look at a tree. Each leaf resembles another, but is unique in its own way. The same goes for the cryptocurrency market. Every pattern and every chart analysis figure can resemble the textbook example, while still being unique in its own way. This randomness and non-linearity of price movement in technical analysis cannot be described correctly with the use of linear structures, so it is suggested to apply non-linear fractals for the analysis. One of the most famous examples of nonlinear fractals is Brownian motion.