New iteration to add more insight to the AgX daily posts that are by the way performing quite well on @aggroed's blog.
So far, the main information to decide wether to buy or sell STEEM for SBD was given by the chart here-above, representing the evolution of the STEEM/SBD price over time and its 200 days moving average.
New Features
- Adding a new factor, the so called AgX factor ( I previously misnamed the 200 days MAD as the AgX, sorry about that). The AgX factor is the ratio of the average daily price on its 200 days MAD.
- Since the MAD is often close to 1, the STEEM/SBD are often quite close so for more visibility, the AgX factor is displayed in a new chart
The post text has been updated accordingly to explain to users how it works and give the daily AgX ratio:
You can use the chart below to provide some historic suggestions of what's been good previously. If the blue line is in the top third of the chart it's a good time to sell Steem. If it's in the bottom it's a good time to sell SBD. Past performance isn't a guarantee of current valuations or trends.
Next updates
- Visually showing the top and bottom 30% to give a better understanding of the right time to buy or sell
- Move it to its own
@agx account
Hope you guys find it useful!
@stoodkev for
@aggroed and AgX project
Posted on Utopian.io - Rewarding Open Source Contributors