here we have a perfect rejection/confirmation of the downtrend on a logarithmic scale (top), and a breakout to the upside of the trendline on a linear scale.
this is more of a question than an idea. haven't found anything on this so i figured i'd throw it out there on TV. the question is: which is more reliable for determining a breakout vs fakeout? i generally do everything on a logarithmic scale, because frankly, i don't care about the actual value of a price. i simply care about the relationship between that value at one point in time versus another. but as usual, markets don't care what i think.
are there studies/statistics out there on the probability of a breakout vs fakeout on linear vs logarithmic scales?
this is more of a question than an idea. haven't found anything on this so i figured i'd throw it out there on TV. the question is: which is more reliable for determining a breakout vs fakeout? i generally do everything on a logarithmic scale, because frankly, i don't care about the actual value of a price. i simply care about the relationship between that value at one point in time versus another. but as usual, markets don't care what i think.
are there studies/statistics out there on the probability of a breakout vs fakeout on linear vs logarithmic scales?
Not
i'm going to start tracking my observations here. linear scale is winning 1 - 0
linear:
log:
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.