The Father of Fractal geometry has passed away, due to cancer. Mandelbrot has had a significant influence on my thinking in ways that have influenced both my trading system design and my life in general. I do not believe that he was ever given the respect that he deserved, and I’m very sorry to see him pass on without receiving it.
If you have not read his book, The (Mis)behavior of Markets, then you owe it to yourself to buy and read it right away. He also recently published a new book.
A couple of years ago I started a series on fractals, which I never finished. Nonetheless, you may find the posts I did complete to be of some interest.
On Fractals and Market Crashes: Part 1
On Fractals and Crashes: Part 2
That’s sad news. What mind-blowing & revolutionary ideas he presented to us. From analysis of the Market to the human heartbeat to the orbits of planets, his work touched on so much, but I bet not that many people recognize the name.
Exactly. Never got the respect he deserved.
RIP Mr Mandelbrot! It is nice to see that you also find fractals interesting and applicable to the market. I have recently been doing some tests on the FRAMA and have since linked to your post. If you get a sec check it out and let me know if any of my explanations are inaccurate – http://etfhq.com/blog/2010/09/30/fractal-adaptive-moving-average-frama/
The FRAMA tests actually reveal that it is far more effective than the EMA – http://etfhq.com/blog/2010/10/09/frama-is-it-effective/
Do you use fractal geometry in your trading at all Woodshedder?
Cheers
Derry