Okay, so this trader in Brazil (whose name I will not say here) is going around the internet claiming to be the "creator of probabilistic analysis" and named a theory after himself. I went through some of his videos, as I saw loads of people praising him for genius and noticed the very distinct smell of snake oil. So, from what I was able to gather over some rather long and elusive videos, is this. He "created" an indicator that takes the past X candles and presents them as a percentage: say, 53% up and 47% down. The strategy is basically to wait for an "abnormal" distribution (say, 45%-55%) and bet on the fact that they should tend towards equilibrium. I am pretty sure I've seen one of these indicators before, and some scammers in Brazil have plagiarized indicators before, slapping their names as their own. This guy actually compares himself to Dow, John Bollinger and Fibonacci (apparently he thinks he was a trader?). I am not going to go into the actual statistical theory behind this, but I was shocked people are not calling him out for claiming he was the first person to ever try this. Any thoughts regarding the self-proclaimed "father of probability analysis"?