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OCM Pi Cycle Top Indicator
OCM Pi Cycle Top Indicator
This overlay indicator is a visual implementation of the Pi Cycle Top strategy, a historically effective method for identifying major Bitcoin market cycle tops. The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs within 3 days.
It tracks the crossover between two key moving averages:
A 111-day simple moving average (SMA)
A 2x multiple of the 350-day SMA
When the 111-day SMA crosses below the doubled 350-day SMA, the indicator flags a potential market top, marking it on the chart above the current price. This has historically aligned closely with previous Bitcoin macro peaks.
The indicator is designed for daily timeframes but allows for custom resolution input, making it flexible for backtesting. It also continuously plots both moving averages so traders can visually monitor the crossover dynamics in real-time.
⏰ Timeframes to be used on:
Daily
Weekly
This overlay indicator is a visual implementation of the Pi Cycle Top strategy, a historically effective method for identifying major Bitcoin market cycle tops. The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs within 3 days.
It tracks the crossover between two key moving averages:
A 111-day simple moving average (SMA)
A 2x multiple of the 350-day SMA
When the 111-day SMA crosses below the doubled 350-day SMA, the indicator flags a potential market top, marking it on the chart above the current price. This has historically aligned closely with previous Bitcoin macro peaks.
The indicator is designed for daily timeframes but allows for custom resolution input, making it flexible for backtesting. It also continuously plots both moving averages so traders can visually monitor the crossover dynamics in real-time.
⏰ Timeframes to be used on:
Daily
Weekly
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip dilindungi
Skrip ini diterbitkan sebagai sumber tertutup. Akan tetapi, anda boleh menggunakannya dengan percuma dan tanpa had – ketahui lebih lanjut di sini.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.