Hi Guys,
I want to bring this topic up since no one has talked about it before.
Generally, when we do long term chart analysis, logarithmic chart offers a more clear idea on security performance. Right now, pretty much every tool in the system will be modified for these charts.
However, linear tools also have their fundemental meanings and bussiness siginificants, depends on which angle you look at the charts.
But when we use tools to do analysis, those results are not correct since those tools aren’t adapted to log scales.
For example, in the following chart, i applied fib channel on the chart and the results are obviously not correct.
Can we make some improvements on this issue and make all the tools available for both linear and logarithmic charts ?
Thanks