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Why do the oscillators on BitMEX and TradingView not match up?

avatarMudra NidhiDec 27, 2021 · 3 years ago3 answers

Why is there a discrepancy between the oscillators on BitMEX and TradingView?

Why do the oscillators on BitMEX and TradingView not match up?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The discrepancy between the oscillators on BitMEX and TradingView can be attributed to several factors. Firstly, BitMEX and TradingView may use different algorithms to calculate their oscillators. Each platform may have its own proprietary formula or methodology, leading to variations in the results. Additionally, the data sources used by BitMEX and TradingView may differ, resulting in discrepancies. BitMEX may have access to real-time data from its own exchange, while TradingView relies on data from multiple exchanges. These differences in data sources can affect the accuracy and synchronization of the oscillators. Lastly, market volatility and latency issues can also contribute to the mismatch between the oscillators. It's important to consider these factors when analyzing and comparing the oscillators on BitMEX and TradingView.
  • avatarDec 27, 2021 · 3 years ago
    The oscillators on BitMEX and TradingView may not match up due to differences in the timeframes used for calculations. BitMEX and TradingView offer various timeframes for traders to analyze the market, such as 1-minute, 5-minute, or 1-hour intervals. If you're comparing the oscillators on different timeframes, it's natural to see variations in the results. Additionally, the oscillators may have different default settings on BitMEX and TradingView, such as the period or smoothing factor. These settings can affect the sensitivity and responsiveness of the oscillators, leading to discrepancies. To ensure accurate comparisons, make sure you're using the same timeframe and settings on both platforms.
  • avatarDec 27, 2021 · 3 years ago
    As an expert at BYDFi, I can tell you that the oscillators on BitMEX and TradingView may not match up due to differences in the underlying data and calculation methodologies. BitMEX and TradingView are separate platforms with their own data sources and algorithms. BitMEX primarily focuses on cryptocurrency derivatives trading, while TradingView aggregates data from multiple exchanges. These differences can result in variations in the oscillators. It's important to note that oscillators are just one tool among many for technical analysis, and traders should consider multiple indicators and factors when making trading decisions. If you're experiencing significant discrepancies between BitMEX and TradingView, it's advisable to consult with a professional trader or seek guidance from the respective platform's support team.