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capriole_charles
Dec 6, 2019 3:19 PM

Bitcoin Power Law Corridor 

Bitcoin Liquid IndexBrave New Coin

Description

Open-source live tracker of Harold Burger's Bitcoin "Power Law Corridor".

Added optional chart fill and labels to show the percentage delta to the regression center-line, support and resistance.

Release Notes

Sourcing

Release Notes

Sourcing update
Comments
dianapicot
Good day, in advance I congratulate you for your excellent work, could you tell me what would be the way to interpret or what the resistance, center and support percentages mean. Thank you very much for your attention
SkinnyMike3
@dianapicot, I have the exact same questions. Hoping someone will answer for us both :)
sharkpool
Thank You for this indicator. Do you place more value on this then the log curve ? Thank You ahead
boggler
charles, can I use this indicator too?
mljones
My new favorite indicator!
UnknownUnicorn1412320
Super Cool. Thank you.
blugyihthemaster
Can you change the script to generate a projection into the future? Something like:

start = time == timestamp(2010,7,19,0,0) // First BLX Bitcoin Date
days = security("BNC:BLX", "D", barssince(start))
offset = 564 // days between 2009/1/1 and "start"
projection = 400
d = days + offset + projection

where "projection" is a parameter that you can adjust depending on how many days you want to plot ahead.
morbidDingo10807
❤️❤️
mararn1618
mararn1618
My bad, I didn't press "play" 😂
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