OPEN-SOURCE SCRIPT

Bitcoin: Mayer Multiple

1 598
Mayer Multiple Indicator

The Mayer Multiple is a powerful tool designed to help traders assess market conditions and identify optimal buying or selling opportunities. It calculates the ratio between the current price and its 200-day simple moving average (SMA), visualizing key thresholds that indicate value zones, caution areas, and overheated markets.

Key Features:
Dynamic Market Zones: Clearly marked levels like "Smash Buy," "Boost DCA," and "Extreme Euphoria" to guide your trading decisions.

Customizable Input: Adjust the SMA length to fit your strategy.

Color-Coded Signals: Intuitive visualization of market sentiment for quick analysis.

Comprehensive Thresholds: Historical insights into price behavior with plotted reference levels based on probabilities.

This indicator is ideal for traders aiming to enhance their long-term strategies and improve decision-making in volatile markets. Use it to gain an edge in identifying potential turning points and managing risk effectively.

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.