Pi Cycle Bottom Indicator
Back in June 2021, I was able to find two moving averages that crossed when Bitcoin reached it's cycle bottom, similar to Philip Swift's Pi-Cycle Top indicator.
The moving average pair used here was the x0.475 multiple of the 471 MA and the 150 EMA ( EMA to take into account of short term volatility ).
I have a more in-depth analysis and explanation of my findings on my medium page.
Trader Dončić.
The moving average pair used here was the x0.475 multiple of the 471 MA and the 150 EMA ( EMA to take into account of short term volatility ).
I have a more in-depth analysis and explanation of my findings on my medium page.
Trader Dončić.
Nota Keluaran:
Added two new variables: long and short multiples.
These values modify the y-axis of both moving averages independently.
These values modify the y-axis of both moving averages independently.
Nota Keluaran:
Updated to Pine Script version 5.
Added difference between moving averages, with display off by default.
When the value of this line reaches < 0, cross has occurred.
Added difference between moving averages, with display off by default.
When the value of this line reaches < 0, cross has occurred.
Nota Keluaran:
Updated for minor text adjustments.