Fractals

WHAT ARE FRACTALS?

Hahaha. Bakit ba yan lagi noh? Sa “what are..” lagi nagsisimula.

WHAT ARE FRACTALS NGA?

The term fractal was coined by the mathematician Benoit Mandelbrot in 1975. In his seminal work The Fractal Geometry of Nature, he defines a fractal as “a rough or fragmented geometric shape that can be split into parts, each of which is (at least approximately) a reduced-size copy of the whole.”

HA?

Relax lang. Sisimplehan ko yan.

A fractal is a never-ending pattern.

A fractal is a pattern that the laws of nature repeat at different scales. Examples are everywhere in the forest. Trees are natural fractals, patterns that repeat smaller and smaller copies of themselves to create the biodiversity of a forest.

Sa madaling salita ang fractal ay pattern na nauulit. Yan lang need mo tandaan. Pattern na nauulit mula sa malaki papuntang maliit. Regardless ng size niya ganun pa rin yung pattern.

Maraming halimbawa ng fractals gaya ng trees, rivers, coastlines, mountains, clouds, seashells, hurricanes, etc.

IN TRADING

Williams fractal or fractals is a technical analysis indicator introduced by the famous trader Bill Williams in his book “Trading Chaos”. The indicator is centred around the idea that there is repetition in price behaviour and fractals can provide an insight into the repetition patterns.

Pinagsama ni Mr. Williams ang chaos theory at psychology.

Fractals are indicators on candlestick charts that identify reversal points in the market.

Mayroong Bearish Fractal at mayroong Bullish Fractal.

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