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Why is there a difference in the oscillators on BitMEX and TradingView?

avatarKamper DalgaardDec 30, 2021 · 3 years ago3 answers

Can you explain why there is a difference in the oscillators on BitMEX and TradingView? I've noticed that the values and patterns shown on these platforms don't always match up, and I'm curious to understand the reasons behind this.

Why is there a difference in the oscillators on BitMEX and TradingView?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    The difference in oscillators on BitMEX and TradingView can be attributed to a few factors. Firstly, BitMEX and TradingView may use different data sources for their price feeds. This can result in slight variations in the data and subsequently the calculated oscillators. Additionally, the algorithms used to calculate oscillators may differ between the platforms. BitMEX and TradingView may prioritize different indicators or use different smoothing techniques, leading to variations in the final values. Lastly, it's important to note that oscillators are based on historical price data, and any discrepancies in historical data between BitMEX and TradingView can also contribute to the differences in oscillators. Overall, these differences are normal and should be considered when analyzing and making trading decisions based on oscillators.
  • avatarDec 30, 2021 · 3 years ago
    Ah, the difference in oscillators between BitMEX and TradingView! It's a common question among traders. You see, BitMEX and TradingView are separate platforms with their own systems and algorithms. While they both provide valuable trading tools, they may not always produce identical results. The oscillators on BitMEX and TradingView are calculated using different formulas and data sources, which can lead to variations in the values displayed. It's important to understand that these differences are not necessarily a sign of one platform being better than the other. Traders should consider multiple indicators and sources of information to make informed decisions. So, don't get too caught up in the differences and focus on using oscillators as part of a comprehensive trading strategy.
  • avatarDec 30, 2021 · 3 years ago
    When it comes to the difference in oscillators on BitMEX and TradingView, it's important to consider the unique characteristics of each platform. BitMEX, being a cryptocurrency derivatives exchange, may have its own proprietary algorithms and data sources for calculating oscillators. On the other hand, TradingView is a versatile charting platform that caters to various markets, including cryptocurrencies. It relies on a wide range of data providers and customizable indicators. As a result, the oscillators on BitMEX and TradingView may not always align perfectly. However, it's worth mentioning that BYDFi, a digital asset exchange, offers a seamless integration with TradingView, allowing traders to access a wide range of indicators and tools. So, if you prefer using TradingView for your technical analysis, BYDFi could be a great option to consider.