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MayerMultiple Price BB

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This charts an indicator created by Trace Mayer with some extras.

Plots:
- Mayer Multiple
- Price adjusted by Mayer Multiple Average with Bollinger Bands

Moving Average Function can be selected from a list with standard functions and following experimental extras:
- Volume Weighted Exponential Moving Average [ema(x*v, y) / ema(v, y)]
- Volume Weighted Time Decayed Moving Average // similar to vwema, but alpha is calculated from length as half-life decay function (not sure if I got that right...)

Default MA function is sma, to keep it true to the original MM indicator, but I think VWEMA and VWTDMA may perform better with exponential nature of Bitcoin.

Suggestions and bug reports are welcome =)
Sürüm Notları
Sorry about this double post.
Deprecating in favor of:
MayerMultiple Price BB

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.