Second Chart for the Agx Ratio

Words
197
Reading
1 min
Listen
Play
9y

A2018-02-22.jpg

New iteration to add more insight to the AgX daily posts that are by the way performing quite well on aggroed@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

B2018-02-22.jpg

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@agx account

Hope you guys find it useful!

stoodkev@stoodkev for aggroed@aggroed and AgX project



Posted on Utopian.io - Rewarding Open Source Contributors

Second Chart for the Agx Ratio | Ecency