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Mayer Multiple with simple and weighted moving average

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Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average. Is intended for use on day chart only.

You may select between simple moving average (blue) or weighted moving average (pink). Each version of the Mayer Multiple has its own moving average to chart the trend of the indicator itself over time (shown in orange and green respectively for simple and weighted multiples).

All parameters are however freely configurable in settings.

The threshold value of 2.4 is set for Bitcoin and gives the level under which buys are more likely to lead to profit than not.
Catatan Rilis
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Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.