Credit goes to the original writer of the script, Quantadelic, who generously allowed anyone to copy/edit. I adjusted the value of the bottom/top intercept and slope to better fit the March 2020 coronavirus dip.
Use Bitstamp BTCUSD for better reading.
Notes de version
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Removed non-classical Fib ratios
added 0.886 removed 0.91, 0.15 added -0.236 for better fit the dips
Adjusted the Lower slope and intercept to center the 'stock to flow' model, instead of the the price itself.
- Auto-update the curve (it would be a hard-coded, locked coordinate script like this code) - Shape of lines are all linear adjustable - Height difference of levels and zones are customizable - Support and resistance levels are highlighted
The original author @quantadelic already left the community, he is unable to reply comments or publish new script. So we need to maintain this script by ourselves now.
SunTzu07
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For some reason my curve, curves up rather than curving round. How do I change this?
A7ex15
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@SunTzu07, hi, I am having issues with finding the template and if I use the indicators they seem invisible. Could someone please support? x
Cryptoscar27
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Thanks for this amazing work! After breaking the last ATH and touching around 67K, where do you think BTC is going now, to a retracement to 45K~50K (50% Fib) or keep pushing higher the rally till the top of logarithmic curve? Thanks for your opinion!
Yezhar73
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Hi I ad's this to my tradingview favorite but it's not the right curve ist Curves from bottom to right and up Instead
From bottom up and then to the right
Any advice on set up
Thanks for your help Yezhar cohen
SunTzu07
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@Yezhar73, Think mine does the same. Not figured out how to change.
benheringhaus
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@SunTzu07, you need to put it on log scale, because it's a logarithmic model
I just published the most updated logarithmic growth curve that works for bitcoin + all other kinds of tickers.
tradingview.com/script/uBQVS2is-Universal-logarithmic-growth-curves-with-support-and-resistance/
- Auto-update the curve (it would be a hard-coded, locked coordinate script like this code)
- Shape of lines are all linear adjustable
- Height difference of levels and zones are customizable
- Support and resistance levels are highlighted
The original author @quantadelic already left the community, he is unable to reply comments or publish new script. So we need to maintain this script by ourselves now.