BMJ Software develops trading tools based on the concepts of Fractal Market Analysis as suggested by Peters (1994 and 1996) as well as Mandelbrot (2004). These fractal market analysis tools are intended to be used as add ins to other market analysis software.

 

At this time the BMJ Fractal Analysis Indicator Set is only available as an add in for the Neuroshell Trader group of products. The complex relationships that are defined by the technology underlying the fractal analysis tools seem to make them particularly suitable for the Neuroshell Trader platform.

 

Tool sets will be developed for other platforms as the demand for other trading software develops. We specifically intend to continue our development of tool sets for Tradestation, MultiCharts, and Ninja Trader. We will entertain requests to develop tool sets for other platforms as well.

 

 

The BMJ Fractal Analysis Indicator Set is a group of indicators based on the concept of the fractal analysis of a time series. All the indicators are based on a common core that takes any time series and analyzes the fractal dimension of the time series, converts the fractal dimension to the Hurst exponent, and produces a filtered time series that is theoretically stripped of most of the noise in the data. The result is a highly responsive smoothing filter of any data series. The fractal filtered time series is so responsive to changes in direction with virtually no lag and no overshoot, that the filtered result can be used as a proxy for the original time series in any traditional indicators or technical analysis techniques.