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Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years

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

Well-liked chart evaluation service TradingView reportedly comprises a bug within the Fibonacci retracement technical evaluation device, 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 taking a look at recurring patterns.

In a video that he (*5*)uploaded to YouTube, the analyst explains that the device does linear calculations when in logarithmic charts, which he notes is a important challenge 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 finally taking this issue seriously.”

The first 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:

“Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.”

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

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

Originally 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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