OPEN-SOURCE SCRIPT
Bitcoin Cycle
This script displays 4 different Moving Averages:
For the last cycles: once the 2 year MA crossed the 232 Day MA, it marked the cycle bottom within a few days and once the 1 year MA (x2) crossed the 116 Day MA, it marked the cycle top within a few days.
It is interesting to note that both 365/116 and 730/232 equal 3.1465, which is very close to Pi (3.142). It is actually the closest we can get to Pi when dividing 365 by another whole number.
- 2 Year Moving Average (White)
- 1 Year Moving Average (Doubled in value, Red)
- 116 Day Moving Average (Transparent, Red)
- 232 Day Moving Average (Transparent, White)
For the last cycles: once the 2 year MA crossed the 232 Day MA, it marked the cycle bottom within a few days and once the 1 year MA (x2) crossed the 116 Day MA, it marked the cycle top within a few days.
It is interesting to note that both 365/116 and 730/232 equal 3.1465, which is very close to Pi (3.142). It is actually the closest we can get to Pi when dividing 365 by another whole number.
Script de código aberto
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Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.