OPEN-SOURCE SCRIPT

Moving Average Price Multiple

1 623
Author: Preston Pysh & Trace Mayer

Visit MayerMultiple.com to see current charts & explanation
Listen to Preston's Podcast: theinvestorspodcast.com/
Follow Preston on Twitter: twitter.com/PrestonPysh

This indicator calculate the Price Multiple from Current Close Price vs 200 Day Moving Average.
Based on Preston's article:
+ The average Mayer Multiple is 1.44 for the history of Bitcoin.
+ Safe Buying Threshold is 2.4

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