I found this awesome script from @quantadelic and edited it to be a bit more legible for regular use, including coloured zones and removing the intercept / slope values as variables, to leave space for the fib levels in the indicator display. I hope you all like it.
เอกสารเผยแพร่
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For those feeling pessimistic about Bitcoin right now, here is something to help you in the coming months. I've added the -9% and -14% fib levels to the log channel.
For the time being, they are just coloured red. I also updated the default settings by quantadelic that were for dark charts, which seem to be a minority of users.
Please explain, why you decided to add -14% and -9% ?
thanks.
BillionaireLau
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Hello guys, 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.
ilesanmipepsi
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This is cool man! Is it possible for price to fall below the transition zone before reaching overbought zone? Thanks.
auteri
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Love the adjustments. But is there a way to check if the chart is in log scale with pine script?
HighIntercept = 1.06930947
HighSlope = 0.00076
LowIntercept = -3.0269716
LowSlope = 0.001329
Thanks.