Backtesting Arena

Backtesting Arena

Rainbow Chart master
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Rainbow Chart

The Rainbow Chart fits a logarithmic regression to the BTC price and slices the surrounding space into nine colour bands. Originally published in 2014 by @trolololo on BitcoinTalk and popularised by Blockchaincenter — the deep-blue bands historically marked the best accumulation phases.

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Charts by Backtesting Arena @tradingstrategies.work
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Formula:
Log-Regression + 9 Standardabweichungs-Bänder
Originator:
@trolololo (BitcoinTalk, 2014)
Data source:
Binance OHLC (derived)

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