Logarithmic 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.
Informacje o Wersji
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Turned it into 7 lines (6 bands), each of which is just a multiple of the long term support line. Also included a "crisis band", which shows a semi-transparent line to include the COVID-19 liquidity crisis price data.
I have the same problem as doobrez, my lines are reversed. Anyone know how to fix this?
BillionaireLau
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I have seen many scripts in the community is going after @quantadelic hardcoded logarithmic growth curve published in 2019 and other users found the hardcoded curve stopped updating so they have to make a new hardcoded script after a period of time. a lot of redundant hardcoded "Bitcoin growth curve" scripts was born in the public library.
- 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
@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.
peasant-wizard
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This is great. Is it possible to extend the bands or they depend on price?
doobrez
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hi! Nice work, but can you please tell me why are my lines reversed?
anon2414691
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@doobrez, if you haven't figured it out already, you probably had your chart y-axis on linear scale. Change the y-axis to logarithmic scale by clicking the "log" button on the bottom right of the chart.
RayesFrost
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@anon2414691, Thank you, you helped me out with this issue, appreciate it! Good fortune to you :)
Crypto_max2022
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Hi. Nice work I buy btc bottom 18000😘😘 Thank you.
kazmy3240
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Hi
yozr23361
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amazing indicator and thank you, can i use it on weekly?