03-11-2025, 01:46 AM
News Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Y
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNmQxM2ViMWYyZjdlYmUwMWQzYjZhZGRkMmNiM2M2MS5qcGc=.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNmQxM2ViMWYyZjdlYmUwMWQzYjZhZGRkMmNiM2M2MS5qcGc=.jpg" alt="Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years"></p><body>
<p dir="ltr"><em><strong>Update</strong>: the CTO of TradingView <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/twitter-user-withdraws-his-accusations-claims-tradingviews-fibonacci-tool-is-not-broken/amp" href="https://cointelegraph.com/news/twitter-user-withdraws-his-accusations-claims-tradingviews-fibonacci-tool-is-not-broken">told</a> Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken.</em></p>
<p dir="ltr">Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/price-analysis/amp" href="https://cointelegraph.com/tags/price-analysis">technical analysis</a> tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear <a href="https://twitter.com/cryptoteddyb/status/1139128519009677313" rel="noopener nofollow" target="_blank">published</a> on June 13.</p>
<p>The <a href="https://www.investopedia.com/articles/technical/111401.asp" rel="noopener nofollow" target="_blank">Elliott wave</a> principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns.</p>
<p>In a video that he <a href="https://www.youtube.com/watch?v=Iq43S6A_WTc&feature=youtu.be" rel="noopener nofollow" target="_blank">uploaded</a> to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, <a href="https://twitter.com/tradingview/status/1139587829992951808" rel="noopener nofollow" target="_blank">announcing</a> that the issue is being investigated, to which Cryptoteddybear answered:</p>
<blockquote><p>“Thank you<a href="https://twitter.com/tradingview" rel="noopener nofollow" target="_blank"> @tradingview</a> for finally taking this issue seriously.”</p></blockquote>
<p>The first reports of the bug, posted over five years ago (in November 2014) on consumer community platform getsatisfaction, have been reportedly ignored by the company. Another report submitted on the same platform, dated June 3, 2017, has seen the official TradingView account answer in the thread:</p>
<blockquote><p>“Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.”</p></blockquote>
<p>However, the problem apparently has not yet been solved. Cryptoteddybear <a href="https://twitter.com/cryptoteddyb/status/1140684045107585029" rel="noopener nofollow" target="_blank">claims</a> that a company representative told him that he asked the technicians to increase the priority given to solving the bug.</p>
<p>As Cointelegraph recently <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/reuters-bloomberg-terminals-tradingview-add-ai-powered-crypto-index-for-top-100-coins/amp" href="https://cointelegraph.com/news/reuters-bloomberg-terminals-tradingview-add-ai-powered-crypto-index-for-top-100-coins">reported</a>, TradingView is one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens.</p>
<p>At the beginning of the current month, <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/cryptocurrencies/amp" href="https://cointelegraph.com/tags/cryptocurrencies">cryptocurrency</a> <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/analytics/amp" href="https://cointelegraph.com/tags/analytics">analytics</a> company Coin Metrics <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/crypto-analytics-firm-coin-metrics-acquires-bletchley-indexes/amp" href="https://cointelegraph.com/news/crypto-analytics-firm-coin-metrics-acquires-bletchley-indexes">announced</a> that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes.</p>
<p>As of press time, TradingView has not responded to a request for comment.</p>
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https://cointelegraph.com/news/twitter-u...er_inbound
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNmQxM2ViMWYyZjdlYmUwMWQzYjZhZGRkMmNiM2M2MS5qcGc=.jpg"></p><p><p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNmQxM2ViMWYyZjdlYmUwMWQzYjZhZGRkMmNiM2M2MS5qcGc=.jpg" alt="Twitter User Claims TradingView Has Ignored a Fibonacci Retracement Bug for 5 Years"></p><body>
<p dir="ltr"><em><strong>Update</strong>: the CTO of TradingView <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/twitter-user-withdraws-his-accusations-claims-tradingviews-fibonacci-tool-is-not-broken/amp" href="https://cointelegraph.com/news/twitter-user-withdraws-his-accusations-claims-tradingviews-fibonacci-tool-is-not-broken">told</a> Cointelegraph in comments that the reports of a bug were inaccurate, and the Twitter user partially withdrew his earlier claims that the tool was broken.</em></p>
<p dir="ltr">Popular chart analysis service TradingView reportedly contains a bug in the Fibonacci retracement <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/price-analysis/amp" href="https://cointelegraph.com/tags/price-analysis">technical analysis</a> tool, according to a tweet by self-proclaimed certified Elliott wave analyst Cryptoteddybear <a href="https://twitter.com/cryptoteddyb/status/1139128519009677313" rel="noopener nofollow" target="_blank">published</a> on June 13.</p>
<p>The <a href="https://www.investopedia.com/articles/technical/111401.asp" rel="noopener nofollow" target="_blank">Elliott wave</a> principle is a type of technical analysis for predicting prices in financial markets by looking at recurring patterns.</p>
<p>In a video that he <a href="https://www.youtube.com/watch?v=Iq43S6A_WTc&feature=youtu.be" rel="noopener nofollow" target="_blank">uploaded</a> to YouTube, the analyst explains that the tool does linear calculations when in logarithmic charts, which he notes is a significant issue for Elliot wave traders. The official Twitter account of the company behind the charting service answered his tweet, <a href="https://twitter.com/tradingview/status/1139587829992951808" rel="noopener nofollow" target="_blank">announcing</a> that the issue is being investigated, to which Cryptoteddybear answered:</p>
<blockquote><p>“Thank you<a href="https://twitter.com/tradingview" rel="noopener nofollow" target="_blank"> @tradingview</a> for finally taking this issue seriously.”</p></blockquote>
<p>The first reports of the bug, posted over five years ago (in November 2014) on consumer community platform getsatisfaction, have been reportedly ignored by the company. Another report submitted on the same platform, dated June 3, 2017, has seen the official TradingView account answer in the thread:</p>
<blockquote><p>“Hi, you are right, we have a planned task to fix this. Thanks for bringing this to our attention.”</p></blockquote>
<p>However, the problem apparently has not yet been solved. Cryptoteddybear <a href="https://twitter.com/cryptoteddyb/status/1140684045107585029" rel="noopener nofollow" target="_blank">claims</a> that a company representative told him that he asked the technicians to increase the priority given to solving the bug.</p>
<p>As Cointelegraph recently <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/reuters-bloomberg-terminals-tradingview-add-ai-powered-crypto-index-for-top-100-coins/amp" href="https://cointelegraph.com/news/reuters-bloomberg-terminals-tradingview-add-ai-powered-crypto-index-for-top-100-coins">reported</a>, TradingView is one of the platforms that added the “CIX100” index — an AI-powered index for the 100 strongest-performing cryptocurrencies and tokens.</p>
<p>At the beginning of the current month, <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/cryptocurrencies/amp" href="https://cointelegraph.com/tags/cryptocurrencies">cryptocurrency</a> <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/tags/analytics/amp" href="https://cointelegraph.com/tags/analytics">analytics</a> company Coin Metrics <a data-amp="https://cointelegraph-com.cdn.ampproject.org/c/s/cointelegraph.com/news/crypto-analytics-firm-coin-metrics-acquires-bletchley-indexes/amp" href="https://cointelegraph.com/news/crypto-analytics-firm-coin-metrics-acquires-bletchley-indexes">announced</a> that it has acquired digital asset index firm Bletchley Indexes and plans to launch crypto smart beta indexes.</p>
<p>As of press time, TradingView has not responded to a request for comment.</p>
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https://cointelegraph.com/news/twitter-u...er_inbound