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Mayer Multiple Optimal Multi-Color Histogram [aamonkey]

7 075
Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average.

Buy when it's white sell when it's orange.

Is intended for use on day chart only.

This is an extension of the Mayer Multiple developed by Trace Mayer.

Normally you only have 2 thresholds signaling buying or selling (blue and yellow).

However, I added 2 more thresholds signaling optimized buys and sells (white and orange).
Nota Keluaran
Added green and red bars as possible buy and sell triggers.
Nota Keluaran
Picture update

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.