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fract
10 févr. 2020 16:14

Bitcoin multifractal (1) 

BITSTAMP:BTCUSD720
Bitcoin / U.S. dollarBitstamp

Description

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Update in method of the Fractal Analysis
  • All microfractals are evaluated separately.
  • Whole patterns of particular Elliott wave are identified independently.
  • Time fibs will not have a further exploitation need for carrying out fractal measurements to an extent.


Because:
  • Pattern or "identified from history fractal" can contract or expand
  • Market noises create distortions


Therefore, fixed way of using Timefibs can create further misrepresentation for estimating the timing.

EXAMPLE OF TIMEFIB misuse:



The approach of fractal analysis will be more flexible in terms of focusing on specific Elliott wave in subsequent works.
FractalWave AnalysisFibonacci
Commentaires
Gilera
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well spotted.
skodaLAskoda
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so you believe the fractal is more important than the wave count?
fract
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@skodaLAskoda, No. I believe that every different methods and approach of evaluation of financial asset deserves equal attention. Therefore, all tools of analysis in a decent combination can be used to confirm and justify a signal.
skodaLAskoda
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@fract, thx for the response.. I find your work very interesting
TiDu1981
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