Home News Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

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Popular chart evaluation service TradingView reportedly accommodates a bug within the Fibonacci retracement technical analysis instrument, in response to a tweet by self-proclaimed licensed Elliott wave analyst Cryptoteddybear published on June 13.

The Elliott wave precept is a kind of technical evaluation for predicting costs in monetary markets by recurring patterns.

In a video that he uploaded to YouTube, the analyst explains that the instrument does linear calculations when in logarithmic charts, which he notes is a important problem for Elliot wave merchants. The official Twitter account of the corporate behind the charting service answered his tweet, announcing that the difficulty is being investigated, to which Cryptoteddybear answered:

“Thank you @tradingview for lastly taking this problem critically.”

The first reports of the bug, posted over 5 years in the past (in November 2014) on client neighborhood platform getsatisfaction, have been reportedly ignored by the corporate. Another report submitted on the identical platform, dated June 3, 2017, has seen the official TradingView account reply within the thread:

“Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.”

However, the issue apparently has not but been solved. Cryptoteddybear claims that a firm consultant advised him that he requested the technicians to extend the precedence given to fixing the bug.

As Cointelegraph just lately reported, TradingView is without doubt one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens.

At the start of the present month, cryptocurrency analytics firm Coin Metrics announced that it has acquired digital asset index agency Bletchley Indexes and plans to launch crypto good beta indexes.

As of press time, TradingView has not responded to a request for remark.




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