sheganinans

Ace Spectrum

Analyze exponential trends, a line in log chart is exponential in an absolute chart.
Open-source Skript

Ganz im Sinne von TradingView hat der Autor dieses Skripts es als Open-Source veröffentlicht, damit Trader es verstehen und überprüfen können. Ein Hoch auf den Autor! Sie können es kostenlos verwenden, aber die Wiederverwendung dieses Codes in einer Publikation unterliegt den Hausregeln. Sie können das Skript den Favoriten hinzufügen, um es auf dem Chart zu verwenden.

Möchten Sie dieses Skript auf einem Chart verwenden?

Kommentare

...very good work my man!
Antworten
this looks great!
Antworten
with n value at 100 gives good result
Antworten
Must this only be used on LOG charts or any charts?
Antworten
sheganinans GarethSA
@GarethSA, Over long time periods, this indicator definitely works best on the log chart. But on shorter time scales it seems to work without it. Give it a try and tell me what you think!
Antworten
1. Can you explain how to use this?
2. How does the settings work?
Antworten
sheganinans GarethSA
@GarethSA

I plan on recording a video soon talking about this indicator, otherwise:

1: So the idea is that straight lines in log-space form exponential curves.

This property of the log chart is useful for examining assets with exponential growth (like high-growth stocks, cryptos, etc).

Because the log scale asymptotically approaches the absolute scale as y slice decreases, this indicator is really applicable to any time scale.

This indicator samples a distribution of lines from the past and projects them into the future, these projected lines form indicators of prior support.
The idea is longer support at those specific lines is indicative of support strength, which this indicator approximately captures.

My initial goal was to capture this intuition about exponential growth in log spaces by applying a monte-carlo style sampling approach to visualize the latent support lines.
Which is why the demo of the script is using the daily chart of BTC using the log chart.

After I had captured that in a slightly more complex version of this indicator, my goal was to distill the concept into the simplest possible implementation.
Which is why the total working code is only 3 lines long.

2: The single setting `n` just increases the look-back distance of the indicator.
+1 Antworten
GarethSA sheganinans
@sheganinans,
WOW GREAT ANSWER.

I wish you luck with this
Antworten
sheganinans GarethSA
@GarethSA, Thanks!
Antworten
Startseite Aktien-Screener Forex-Screener Krypto-Screener Wirtschaftskalender Über Chartmerkmale Preise Einen Freund empfehlen Hausregeln Hilfe Center Webseite & Brokerlösungen Widgets Charting Lösungen Lightweight Charting Library Blog & News Twitter