Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
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So this is logaritmic scaling with upper and lower deviation you can change input (set to 100) but you can try different rates if better the Log trend seen in blue=bullish vs red line =bearish the indicator give us better sense of potential break up or down and overall trend Happy new year to All members of Trading view
Just what I was looking for, thank you! Is there a special reason to use security function to calculate logarithm ? I see no difference if I don't use it..