Yes, it was intentional. I think of it as a kind of "smoothing factor". A bit of special sauce if you will...haha. The formula provides for a bit of delay in selling out too fast as in many situations the right choice would have been to hold a bit longer. It helps when human emotions are extreme and /or if cascading liquidations occur in the highly leveraged crypto space. There have been many instances where this formula has kept me in profitable long positions where otherwise I may have sold too early, so I kept it as is.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.