New iteration to add more insight to the AgX daily posts that are by the way performing quite well on '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
account
Hope you guys find it useful!
Posted on Utopian.io - Rewarding Open Source Contributors