unbound

Mayer Multiple

Following Preston Pysh's "Bitcoin Mayer Multiple" study (https://www.theinvestorspodcast.com/cryp...), I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.


P.S. Checkout the Swiss army knife we're building for crypto traders on Telegram (http://t.me/coinographbot) and follow our twitter for upcoming features and signals (https://twitter.com/coinographio)
Sep 28
Catatan Pelepasan: This version calculates the indicator using only the daily resolution
Sep 28
Catatan Pelepasan: Updated colors
Keluarkan daripada Skrip Pilihan Tambah kepada Skrip Pilihan
Does this indicator have any use on other than the daily timeframe?
Balas
unbound martin242
@martin242, not really.
Balas
How is the Mayer Multiple calculated? - Bitcoin price/200dma?
+2 Balas
unbound Pladizow
@Pladizow, correct.
Balas
Why did it stop tracking the 200d average?
Balas
unbound RTrovatten
@RTrovatten, you mean when you play the chart above?
Balas
RTrovatten unbound
@unbound, yes, I only see the blue and yellow lines go to Dec 2.
Balas
unbound RTrovatten
@RTrovatten, I think it's how tv works. apparently it only updates the price and not the indicators in the idea view.
Balas
Is this a overbought scenario? Or a breakout?
Balas
unbound simo110j
@simo110j, according to the article, first time buyers should buy only if mayer multiple is below 2.4. so it is more of an overbought.
Balas
Laman Utama Penyaring Saham Penyaring Forex Penyaring Kripto Kalendar Ekonomi Rancangan Bagaimana ia berfungsi Ciri-ciri Carta Harga Peraturan Dalaman Moderator Laman web dan Penyelesaian Broker Widget Penyelesaian Pencartaan Perpustakaan Pencartaan yang Ringan Pusat Bantuan Rujuk rakan Permintaan Ciri Blog & Berita Soalan Lazim Wiki Twitter
Profil Tetapan Profil Akaun dan Pengebilan Rujuk rakan Tiket Sokongan Saya Pusat Bantuan Idea yang diterbitkan Pengikut Mengikut Mesej Peribadi Sembang Daftar Keluar