I have been working in my version of what I consider a different perspective and
perspective in regard the markets. Benoit Mandelbrot came out with his
so-called Fractals along with his book, '' The (Mis) Behavior of Markets...a fractal
perspective of risk, reward and ruin. There was not anything in his book that revealed
something which would benefit some of us who are market traders. However,
he has been claimed to be the father of fractal geometry, then all the
great mathematicans previously before him would be the grandfathers and
uncles. It is correct that he coined the word fractal. But his attempt to spell out
the chaos from the market as something new could cause traders of our ilk into
laugh so tough to joust ones hernia.
You may not know that, however, the Pivot Point is actually a style of a fractal
demonion of Cantor Establish or Vaclav Sierpinski's equilateral triangle. There
are several trading progr claiming to use fractal geometry, but they are
all false. Surely, there should some traders on this forum who might have
some remarks as well interest in learning more about FRACTAL GEOMETRY.