Log-space Moving AverageOn charts with medium or low volatility, this indicator behaves identically to standard Moving Average. On highly volatile charts, this indicator is more stable because the calculation is performed in log space. For convenience, the indicator starts from the second candle (much earlier than regular MA).
Logscale
Ehlers-Smoothed Stochastic Oscillator [Krypt]This indicator is in principle similar to Stochastic Oscillator, but contains the following improvements:
- advanced Ehlers-based smoothing (typically results in earlier signals than regular EMA smoothing)
- graceful degradation when few candles present for improved accuracy in the beginning of the chart
- buy/sell signals based on K-D crossover above/below thresholds
Log Smoothed Moving AverageThis indicator has two features that make it better than standard SMMA for cryptocurrencies:
- starts from the very first candle
- calculations are performed in log-space which means less sensitivity to extreme volatility common in crypto world
Log-space Exponential Moving AverageThis is the same as simple EMA except it performs averaging in log space, which should give more accurate results for very long-term and highly volatile charts.
Log-space Ultimate OscillatorThis is the same script as the built-in Ultimate Oscillator except it is calculated in log-space, which may help with some very high-volatility charts (the differences will be usually be very small though).
Log-space Relative Strength IndexA version of RSI more usable for highly volatile charts and long-term trends
WaveTrend Oscillator [Krypt]This is similar to regular WaveTrend Oscillator except:
- replaces hlc3 input with a weighted log formula for better stability/performance on high volatility charts
- zero-centered scaling
- SMA crossovers above and below OB/OS thresholds are marked as buy/sell signals
Log-space MACDThis indicator is identical to regular MACD indicator except it is calculated in log space, which is useful for looking at long-term trends.
Log-space Ichimoku CloudThis indicator uses identical calculation to Ichimoku indicator except performed in log-space. This is helpful for long-term and highly volatile charts.
Log-space Stochastic RSISimilar to regular Stochastic RSI except usable even with charts that show dramatic (10x or more) volatility, such as in the beginning of the ZEC-BTC chart in the example attached.
Log-space Bollinger BandsCalculates Bollinger Bands in log space, which is useful for high-volatility charts and for looking at long-term growth