quantadelic

Bitcoin Logarithmic Curves Oscillator

This a companion indicator for the Bitcoin Logarithmic Growth Curves indicator.

This is an oscillator version of the above. When the indicator is at / near 1 then Bitcoin price is at / near the upper range of its long-term logarithmic growth trend. When at / near 0 then price is at / near the lower range of that trend.

This indicator only works with the BLX Brave New Coin Index (ticker:BLX) and only on 1 day, 3 day, or 1 week timeframes.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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