Another "hack" to overlay early BTCUSD trade data onto a daily or weekly chart. Data is a simplified high/lows from Mt. Gox. This should be easier to use than the "BTC Historic" indicator since you do not lose 2 days of the week. Also you can publish ideas where the old script you would be spamming XAUUSD or some other symbol.
Usage: Add the indicator to your daily chart. Right click on the right axis, turn off "Scale series only"
Quick note: Early stamp history will not align with this indicator since there are days when Stamp had no trades. Will add another indicator soon to fill in the early data for BTCe.
I cannot say whether the 2011 data has any meaning or not. It may be useful for long term channels or trends. Not sure if this answers your question.
The flash crash data was rolled back on gox and does not appear in any chart data I've seen around. The data for this was pulled from bitcoincharts.com
osceron
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How would this be better than using XAGUSD or some other background? If you don't get them to align and stuff...?
munkeefonix
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One of the issues with the other version is if you used a daily chart you would lose 2 days of the week. Which may cause issues with channels and lines not lining up correctly. Weekly time frame it is not an issue.
You can use this to publish to a BTCUSD chart. The other one would publish to another symbol.
Otherwise you will have the same results with the other script. I created this based on some feedback i got from the other historic and wanted to attempt to work around those issues.
The early alignment is with Bitstamp not having trades on some days. So the early stamp data will appear compressed in time relative to the Gox data. The bar count is correct since Mt. Gox had trades on each of those days. The default settings should align correctly for Stamp.
osceron
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Yeah, I've always used silver as backing, cause I didn't find any security which is 24/7, even though loosing 2 days a week, in that long time perspective it doesn't matter, a skewed perspective is worse imo. Well, until TV can get us some option like 'constant time line = true' or something, we all have to use some hack. In any event, keep posting :)
munkeefonix
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Here's a comparison of gox and stamp with the overlay. You can see what happens with early stamp data since there were no trades on those days. Number of days is correct, but bar count is off since Gox shutdown for a week after the June 2011 flash crash.
I agree having constant time would make far more sense.