Logarithmic Trend line is used to model data where growth or decay accelerates rapidly at first and then slows over time. This model is for the long term series data (such as 10 or 20 years time span). Technical issues *The user have to pan over the chart from the beginning to the end of the study range (such as 10 years of bars) so the pine script could...
Analyze exponential trends, a line in log chart is exponential in an absolute chart.
This script is a combination of different logarithmic regression fits on weekly BTC data. It is meant to be used only on the weekly timeframe and on the BLX chart for bitcoin. The "fair value" line is still subjective, as it is only a regression and does not take into account other metrics.
This code is a slightly modified version of Tradingviews' built-in "linear regression" script which can be correctly plotted on logarithmic charts.
Logarithmic regression (or known as Tseng's tunnels), is used to model data where growth or decay accelerates rapidly at first and then slows over time. This model is for the long term series data (such as 10 years time span). The user can consider entering the market when the price below 25% or 5% confidence and consider take profit when the price goes above 75%...
Logarithmic regression of the USD price of Bitcoin , calculated according to the equation: y=A*exp(beta*x^lambda + c) + m*x + b where x is the number of days since the genesis block. All parameters are editable in the script options.
This a companion indicator for the Bitcoin Logarithmic Growth Curves indicator. This is an oscillator version of the above. When the indicator is at / near 1 then Bitcoin price is at / near the upper range of its long-term logarithmic growth trend. When at / near 0 then price is at / near the lower range of that trend. This indicator only works with the BLX...
This is a Volume statistical mean and Lognormal deviation This indicator shows X amount of Volume bars Lognormal Mean and Standard Deviation, then applies your confidence level. Just hit like to keep getting free indicators!
The "Zero Line" is the calculated logarithmic regression of Bitcoin over the last decade. The rainbow above the Zero Line are the Fibonacci multiples from 0 --> 1 of the log regression (0.236, 0.382, etc.) The rainbow below the Zero Line is identical, except that the multiples are negative (-0.236, -0.382, etc.) For the first time ever, Bitcoin broke through the...
Logarithmically weighted moving average. Here is how weight is distributed in LMA and RMA (exponential moving average) As you know, logarithm of 1 is 0... This means the last bar in specified period will be ignored, and the log curve above applies to LMA of 9 bars. So one bar should be added to the length when calculating the weight. Result is faster than...
Trololo Lines - Logarithmic Regression lines for Bitcoin with top and bottom ranges. Works only on BLX (BNC) 1 day time frame. Red lines indicate bottom buy range and top sell range. Thickest middle line is the origional "Trololo" or logarithmic regression line.
I found this awesome script from @quantadelic and edited it to be a bit more legible for regular use, including coloured zones and removing the intercept / slope values as variables, to leave space for the fib levels in the indicator display. I hope you all like it.
The idea is help traders to see the patterns and levels from a different point o view. This script create candlestick using the opening, high, low and close price as source on your favorite function. It's very simple to use: Select a function in the drop box list, the number of bars length, check or uncheck the boxes to treat source as logarithm, smooth, and...
linear regression channel plotted on log-scale useful for bitcoin chart and other cryptos
This a companion indicator for HTF Double Logarithmic Curves This is an oscillator version of the above. When the indicator is at/near 1 then Bitcoin price is at/near the upper range of it's longterm logarithmic growth trend. When at/near 0 then price is at/near the lower range of that trend. This indicator only works with the BLX Brave New Coin Index...
🔮 Mayer Multiple w/ MA Selection by Cryptorhythms Description Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day SMA by default), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. It`s worth noting as the market becomes...
Currently studying the effect of NVT on price action and volume.
logarithmic exponential moving average plots 3 lines instead of 1 default is 50,100,200 use standard scale instead of log, for this to work properly. BTC tip jar: 1Mv1s7nLaTsRoLai5WXEGg8doisXuiPUXy ETH tip jar: 0x6113DDD23D0D5aCad3d1f8640A8A571E9Cb86cB8 LTC tip jar: LYvyoqTSWxa22TQw3E7818xy4AfYNi6xcm BCH tip jar: 1GC7oZ7MhLkamKCDdZFnUfV21SKWq84VdY