The Pi Multiple is a function of 350 and 111-day moving average. When both intersect and the 111-day MA crosses above, it has historically coincided with a cycle top with a 3-day margin.
With the Pi Multiple, this intersection is visible when the line crosses zero upwards.
The indicator is called the Pi Multiple because 350/111 is close to Pi. It is based on the Pi Cycle Top Indicator developed by Philip Swift and has been modified for better readability by David Bertho.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Você pode favoritá-lo para usá-lo em um gráfico.
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