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LOG10

Type: log10 • Category: indicators

Description​

Vector Log10

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringInput datano
realstringData column to apply the calculation to (e.g., closing price)no

Help​

LOG10

Description​

The LOG10 worker is a financial analysis indicator that calculates the base-10 logarithm of a specified data column. This indicator is used to analyze and visualize financial data, providing insights into the underlying trends and patterns.

What does this worker do?​

The LOG10 worker takes an input data set and applies the base-10 logarithmic calculation to a specified column (e.g., closing price). The resulting output is a new column with the logarithmic values.

How to interpret the results​

The logarithmic values calculated by the LOG10 worker can be used to:

  • Reduce the effect of extreme values and outliers in the data
  • Make multiplicative relationships additive, allowing for easier analysis and modeling
  • Visualize and compare the relative changes in the data over time

Usage​

To use the LOG10 worker, simply provide the input data and specify the column to apply the calculation to (e.g., closing price).

Parameters​

  • dataExp: Input data
  • real: Data column to apply the calculation to (e.g., closing price)

Indicator Usage Examples​

For a visual guide on how to use the LOG10 worker, please refer to the following GIFs:

Full Indicator Usage Example​

[![Full Indicator Usage Example](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_full.gif)

Short Indicator Usage Example​

[![Short Indicator Usage Example](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)](https://pub-6c7cc7f707d94ca98153d59a039b9a3d.r2.dev/indicator_short.gif)

Additional Knowledge​

The LOG10 indicator is commonly used in technical analysis and financial modeling to analyze and visualize price movements and trends. By applying the logarithmic calculation, analysts can better understand the relative changes in prices over time and make more informed investment decisions.

Note that the LOG10 indicator is often used in conjunction with other technical indicators and analysis tools to provide a more comprehensive view of the market.