Altcoin News: A Crypto Trader Reported “Incalculable” Losses Incurred Due to a TradingView Bug

June 17, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

A crypto trader under the nickname Cryptoteddybear on Twitter reported that his colleagues incur “incalculable” losses because of the bug of a popular service for tracking market movements and analytics TradingView.

According to the trader, the service incorrectly displays some metrics when trying to use analytics tools for standard charts. In particular, using the ETH/USD chart as an example, it shows that the Fibonacci line is displayed incorrectly. This, in turn, affects the results obtained from analysis based on the Elliott Wave Theory.

“We can expect that on the measuring scale Fibonacci levels will be calculated in percent, but they are displayed as an absolute value and change as you progress on the schedule,” wrote one of the service users more than 5 years ago.

About a year ago, another user paid attention to the same problem and received a promise from the service to correct the situation, however recent reports indicate the absence of any changes in this direction.

Now Cryptoteddybear polls other TradingView users to find out how much money they have lost due to this feature of the service, and, possibly, to move to more decisive actions.

“However, until these recent videos, the problem has constantly been ignored by TradingView, screwing up an unimaginable number of traders in the process for amounts of money which are not even calculable. TradingView has been displaying an unbelievable amount of unprofessionalism in this story,” said a source in a conversation with CCN.

Later, Cryptoteddybear reported that he finally received a response from the TradingView support service, where he was promised to give the problem a higher priority.

Author: Marko Vidrih