This is the daily AgX chart for today 2018-02-15.
Today's 200 Moving day average factor is 0.95 with a current STEEM/SBD ratio of 0.79.
What is AgX?
The Mayer's multiple (200 days moving average of the BTC/USD price) is known to be a good indicator of the BTC price evolution.
AgX aims to be a similar indicator regarding the STEEM/SBD ratio, in order for users to find the right moment to exchange their SBD for STEEM at the best possible rate. When the blue line is at the top of the chart it's a good time to sell Steem and pickup SBD. When the blue line is at the bottom of the chart it's a good time to sell SBD and pickup Steem. When it's hovering near the red line it's pretty tough at this stage to know what to do.
This is gonna stay on my wall about 1 more week. Then I'm moving the automatic posts to @agx.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)
I wish
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Good information, Thank you for posting!
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I already follow and vote you, I hope you vote and follow me back
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Great information post, steemit is great, nice think, thank you
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A really wonderful picture. Well done, my friend, you are a really successful person
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So the idea is that you exchange if the ratio is above the AgX to get a better than average deal? For example don't exchange at the moment?
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tough to know. I can't look at that and tell you if we retreated to push back higher up to 1.4 steem/sbd or if we're just dropping down to 10 SBD to 1 Steem. The chart isn't terribly useful when the blue line is in the middle, but when it's at either end that's a pretty solid indicator of what to do
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Good
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A very good and interesting picture is very important for people who know
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It is not complicated.. Thx
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As you explain,this means it's time for selling steem to SBD because Showing the chart, blue line are on top.
Thanks sir @aggroed for sharing this article as you do always...
U5ds6tbvY1i55XMAd2vY2DmQpnRToYt_1680x8400.jpg
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Good data friend
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Nice post and very informative
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salut , oui on attends la suite ....🤑🤑🤑
Team French'y
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Thank you very much....most people don't know when to exchange their sbd for steem...most times ,they end up doing it at a wrong timing....your post should correct that
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You helped me to understand a bit more the SBD and AgX ! I upvoted and follow you ! please follow back ! https://steemit.com/@robobubble
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Thanks for information
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extremely knowledge and nice thanks
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very excellent news
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Thank you @aggroed for shared about agx chart awareness.
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Nice info @aggroed
i have vote you
please vote me, i am a beginner
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Post is very useful and useful.
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😊😊
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The Market in steemit has a huge barrier at the price of 0,769230 with more than 10.000 SBD´s...
Hard to get through that when/if we reach that point!
Just a curiosity about the possible AgX evolution.
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