Demonstrating the big idea: That straight lines in log-space form exponential curves.
This property of the log chart is useful for examining assets with exponential growth (like high-growth stocks, cryptos, etc).
Because the log scale asymptotically approaches the absolute scale as y slice decreases, this indicator is really applicable to any time scale.
This indicator samples a distribution of lines from the past and projects them into the future, these projected lines form indicators of prior support. The idea is longer support at those specific lines is indicative of support strength, which this indicator approximately captures.
My initial goal was to capture this intuition about exponential growth in log spaces by applying a monte-carlo style sampling approach to visualize the latent support lines. After I had captured that in a slightly more complex version of this indicator, my goal was to distill the concept into the simplest possible implementation.
This was a great video and was recently featured in our Weekly Email Digest!
skillfulpeople
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In mathematics, the limit of the exponential time series when y (price of stock) points towards infinity is well defined. What do you think that moment represents in the history of a corporation?
Jrcuba
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You have another video on how to use this indicator in stocks, you could also share your discord, mine is goldininvestment # 6288
@Jrcuba, I also will be releasing a video about using my indicator looking at Citi Bank in 2008, as an example of how my indicator works generally.
GarethSA
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THANKS
Great video
Ermir1
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Brilliant idea and implementation. Thank you very much for sharing
vensonom
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How does one practically apply it ? On Bar Replay it was tricky to visualize its practical application
Trendbeat
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Beautiful!
But kinda its existence serves itself only.
Can mean anything you make of it
In hands of the gurus, perfect tool for blinding the retail crowd, though😎😉