CryptoCYCLOPS

Correlated Hurst Exponent (Simple)

Long
FTX:BTCPERP   Bitcoin Perpetual Futures
The Hurst Exponent (Simple) by @balipour, is used as a measure of long-term memory of time series. When Hurst is above .5 it is telling you Volatility is High and that the Market is Trending, when the Hurst is below .5 it is telling you That Volatility is Low and that the Market is Mean Reverting. You can see in the previous examples that when you use the Correlation Coefficient to Correlate the Hurst to Price action and when The Correlation Coefficient is in significant positive correlation that Price Action will always move to the upside and to the contrary when there is significant negative correlation Price Action will always move to the downside. You can now see that the Correlation is starting to move into positive correlation once again while the Hurst is above .5. Impending move to the upside is likely to happen IMO. I want to not only thank @balipour and @Motgench but the entire braintrust at POW for their industry leading indicators....

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