Update: the CTO of TradingView advised Cointelegraph in feedback that the stories of a bug have been inaccurate, and the Twitter consumer partially withdrew his earlier claims that the software was damaged.
Popular chart evaluation service TradingView reportedly comprises a bug within the Fibonacci retracement technical evaluation software, in accordance 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 software does linear calculations when in logarithmic charts, which he notes is a big difficulty for Elliot wave merchants. The official Twitter account of the corporate behind the charting service answered his tweet, saying that the difficulty is being investigated, to which Cryptoteddybear answered:
“Thank you @tradingview for lastly taking this difficulty severely.”
The first stories of the bug, posted over 5 years in the past (in November 2014) on client group 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 might be proper, we’ve got a deliberate job to repair this. Thanks for bringing this to our consideration.”
However, 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 lately reported, TradingView is among 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 introduced 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.
