What causes the discrepancy between the BitMEX and TradingView oscillators?
James SparraNov 29, 2021 · 3 years ago3 answers
Why do the BitMEX and TradingView oscillators show different values for the same cryptocurrency? What factors contribute to the discrepancy between these two indicators?
3 answers
- Nov 29, 2021 · 3 years agoThe discrepancy between the BitMEX and TradingView oscillators can be attributed to several factors. Firstly, the data sources used by these platforms may differ. BitMEX may have its own proprietary data feed, while TradingView relies on multiple exchanges for its data. This variation in data sources can lead to differences in the calculated values of the oscillators. Additionally, the timeframes used by BitMEX and TradingView may not align perfectly. BitMEX may use shorter timeframes for its calculations, while TradingView may use longer timeframes. This difference in timeframe can result in variations in the oscillator values. Furthermore, the algorithms used by BitMEX and TradingView to calculate the oscillators may have slight variations. These algorithms take into account various technical indicators and mathematical calculations to generate the oscillator values. Even small differences in the algorithms can lead to discrepancies in the calculated values. It's important to note that these discrepancies are not necessarily indicative of one platform being more accurate than the other. Traders should consider these variations and use multiple indicators and platforms to make informed trading decisions.
- Nov 29, 2021 · 3 years agoThe discrepancy between the BitMEX and TradingView oscillators is a common occurrence in the cryptocurrency market. It is primarily due to the differences in data sources and calculation methodologies used by these platforms. BitMEX and TradingView may pull data from different exchanges, resulting in variations in the price and volume data used to calculate the oscillators. Additionally, the algorithms used by these platforms to calculate the oscillators may have slight differences, leading to variations in the calculated values. Traders should be aware of these discrepancies and use them as additional information rather than relying solely on one platform for their trading decisions.
- Nov 29, 2021 · 3 years agoAs an expert at BYDFi, I can shed some light on the discrepancy between the BitMEX and TradingView oscillators. While both platforms aim to provide accurate and reliable indicators, variations in the data sources and calculation methodologies can lead to differences in the oscillator values. BitMEX may have its own data feed, which can differ from the data used by TradingView. Additionally, the algorithms used by these platforms may have slight variations, resulting in discrepancies. Traders should consider these variations and use them as part of their overall analysis, along with other indicators and platforms, to make well-informed trading decisions.
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