The financial markets are constantly evolving, and as such, traders and analysts need to stay ahead of the curve. One tool that has proven to be invaluable in financial analysis is the logarithmic scale. In this detailed guide, we will explore the logarithmic scale in financial analysis and its various applications in technical indicators. 1. The Logarithmic...
There's a semi-wide-spread snake oil "wisdom" in near-quant circles that you need to use log-charts/log-scale/log-transform all the time. No, you need to use it only when the range of the data been processed exceeds one order of magnitude (data maximum at least 10 times data minimum). Before dat, no-no! Please, don't stabilize the variance unless it'll asks you...
In this post, I will explain how traders can maximize their use of log scale on Trading View. I will give examples of when you should use log scale on your charts and when you should not, as well as provide an in-depth analysis of its use cases, including how you can actually visualize the entire lifecycle of an asset using the log scale. In the chart above, I...
Bitcoin are "anti-inflationary" asset . In deflation times ( prediction: mid 2020 - mid 2022) Bitcoin is not good asset to hold. Better strategy is to buy high amounts at mid 2022 (expected low).
In a previous idea I said if it got 50 likes I would post a surprise. I think they don't want you to know... Some people might already know this but I know for a fact the vast majority does not. I hope this does not stop working now that I share it. I have plenty of other strats and if markets evolve and 1 strat stops working I know I'll be the first to evolve so...
Looking at the BTCUSD logarithmic scale changes the perspective quite a bit. This view explains why it turned downwards when we all thought it already broke through the channel. Which it did... in the linear view. When doing a technical analysis, it's a good idea to sometimes take a step back and make sure you've looked at it from all angles. And that's my...