Crypto

Twitter Person Claims TradingView Has Ignored a Fibonacci Retracement Bug for five Years

Replace: the CTO of TradingView advised Cointelegraph in feedback that the stories of a bug had been inaccurate, and the Twitter consumer partially withdrew his earlier claims that the device was damaged.

Fashionable chart evaluation service TradingView reportedly comprises a bug within the Fibonacci retracement technical evaluation device, in line with a tweet by self-proclaimed licensed Elliott wave analyst Cryptoteddybear revealed 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 device does linear calculations when in logarithmic charts, which he notes is a big subject for Elliot wave merchants. The official Twitter account of the corporate behind the charting service answered his tweet, saying that the problem is being investigated, to which Cryptoteddybear answered:

“Thanks @tradingview for lastly taking this subject critically.”

The primary stories of the bug, posted over 5 years in the past (in November 2014) on shopper group platform getsatisfaction, have been reportedly ignored by the corporate. One other report submitted on the identical platform, dated June 3, 2017, has seen the official TradingView account reply within the thread:

“Hello, you’re proper, we’ve got a deliberate activity to repair this. Thanks for bringing this to our consideration.”

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

As Cointelegraph not too long ago reported, TradingView is likely one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens.

In the beginning of the present month, cryptocurrency analytics firm Coin Metrics introduced that it has acquired digital asset index agency Bletchley Indexes and plans to launch crypto sensible beta indexes.

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

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