This is the daily AgX chart for today 2018-02-09.
Today's AgX factor is 0.96 for a STEEM/SBD ratio of 1.2.
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.
The ratio of Steem to SBD seems to be rising
I made this thing to start figuring out when is a good time to trade Steem for SBD and vice versa. As long as the values are allowed to float then it's important to know when a trade would make sense given price history. There would appear to be room for this ratio to continue to go up.
Original idea by @aggroed (Vote for witness)
Developed by @stoodkev (Vote for witness)