Linear Regression (Log Scale)This code is a slightly modified version of Tradingviews' built-in "linear regression" script which can be correctly plotted on logarithmic charts.
LOGARITHMIC
Logarithmic regressionLogarithmic 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% or 95% confidence line.
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 generate those regression lines on the chart.
*If on the chart the number of bar is less than the lookback period, it won't generate any lines as well
My BTC log curveLogarithmic 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.
Bitcoin Logarithmic Curves OscillatorThis 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 Brave New Coin Index (ticker:BLX) and only on 1 day, 3 day, or 1 week timeframes.
AlAlawi ~ Volume Confidence BreakoutThis 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!
Bitcoin Fibonacci Log RegressionThe "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 Zero Line (the natural regression) when it dumped on March 12-13. It looked at though the regression was invalidated when, in fact, it simply made an unprecedented move to a lower Fibonacci multiple.
Enjoy.
Logarithmic Moving AverageLogarithmically 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 simple moving average, but a bit slower than linearly weighted moving average.
Bitcoin Trololo Lines - Logarithmic Regression for 1D BLXTrololo 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.
Bitcoin Logarithmic Growth Curves & ZonesI 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.
Dumb Indicator 21 - Function's Candlestick Bar's StyleThe 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 if you want to plot the SMA from the results.
To make a deeper analysis, you can select to plot the candles in Stochastic or in Percent Rank way.
The Stochastic and Percent Rank plot will show how far the price is close to highest or lowest value of the source from the last "Stochastic Length" number of bars.
Some functions with different names can plot the same results.
This indicator works on every kind of market, but you will need to find the best function and length to use.
Please, if you find anything good with this, share to everyone.
Linear Regression Logarithmiclinear regression channel plotted on log-scale
useful for bitcoin chart and other cryptos
HTF Double Logarithmic Curves OscillatorThis 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 (ticker:BLX) and only on 1 day, 3 day, or 1 week timeframes.
🔮 Mayer Multiple w/ MA Selection by Cryptorhythms🔮 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 larger and less volatile, the peaks are becoming less exaggerated. This is because a 200 day moving average baseline is a static yardstick against an ever growing, more stable, Bitcoin market. We should eventually recalibrate what constitutes the overbought/oversold extremes on this chart accordingly.
Additional Features
I added a heatmap based coloring and background highlighting of configurable overbought and oversold zones.
In my testing I observed anecdotal evidence that a value of >1 signaled bull market sentiment and a value of <1 signaled bear sentiment. So I added the dashed line at that value.
I also added secondary zones for experimentation on other timeframes or just plain tinkering.
Lastly I added the ability to substitute the SMA for a few different types of moving averages.
Default Settings
The defaults zones are > 2.4 is overvalued and < 0.5 is undervalued. Default timeframe is daily
Default MA is SMA and default length is 200
Suggested MA length for weekly chart is 28
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Bitcoin Studies (NVT et. al) [NeoButane]Currently studying the effect of NVT on price action and volume.
log 3EMAlogarithmic 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.
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