Bitcoin Logarithmic Curves Oscillator — Indicator by quantadelic

oscillator bitcoin logarithmic logarithmicchannel

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 Brave New Coin Index (ticker:BLX) and only on 1 day, 3 day, or 1 week timeframes.

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.

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