Among the many inventions made by great scientists in past centuries, the discovery of the laws of development of our universe in the form of a system of numbers is the most interesting and useful. This fact was described in his work by the Italian mathematician Leonardo Fibonacci. A numerical series is a sequence of numbers in which each member value is the sum of the previous two. This system expresses the information embedded in the structure of all living things according to harmonious development.
Great Fibonacci Scientist The Italian scientist lived and worked in the 13th century in the city of Pisa. He was born into a merchant family and at first worked with his father in trade. Leonardo Fibonacci came to mathematical discoveries when he tried to establish contacts at that time with business partners.
The scientist made his discovery when calculating the planning of the offspring of rabbits at the request of one of his distant relatives. He discovered the number series by which the reproduction of animals will be carried out. He described this pattern in his work “Book of Computations,” where he also presented information on the decimal system of calculus for European countries.
Golden discovery
The number series can be graphically expressed as a drop-down spiral. It can be noted that in nature there are many examples based on this figure, for example, rolling waves, auricle, the structure of galaxies, microcapillaries in the human body and the structure of atoms.
It is interesting that the numbers in this system (Fibonacci ratios) are considered “living” numbers, since all living things evolve according to this progression. This pattern was known to people of ancient civilizations. There is a version that already at that time it was known how to study the number series for convergence - the most important question in the mathematical analysis of a sequence of numbers.
Application of the Fibonacci theory
Having examined his number series, the Italian scientist discovered that the ratio of the numbers from this sequence to the next term is 0.618. This value is usually called the coefficient of proportionality, or the "golden ratio". It is known that the Egyptians used this number in the construction of the famous pyramid, as well as the ancient Greeks and Russian architects in the construction of classical structures - temples, churches, etc.
But an interesting fact is that the Fibonacci number series is also used in assessing the movement of prices on
stock exchanges. The use of this sequence in technical analysis was proposed by engineer Ralph Elliot at the beginning of the last century. In the 30s, an American financier was engaged in forecasting stock prices, in particular, the study of the Dow Jones index, which is one of the main components in the stock market. After a series of successful predictions, he published several of his articles in which he described methods for using the Fibonacci series.
At the moment, almost all traders use the Fibonacci theory in predicting price movements. Also, this dependence is used in many scientific studies in various fields. Thanks to the discovery of the great scientist, many useful inventions can be created even after many centuries.