OPEN-SOURCE SCRIPT
Mayer Multiple Zones (Crypto)
Enhanced Mayer Multiple Zones
Advanced crypto valuation zones with ETH/BTC context
Key Features
How to Read
Buy/Sell Signals
Customization
Advanced crypto valuation zones with ETH/BTC context
Key Features
- Shows 6 price zones based on MA200 multiples (bubble, take profit, fair value, accumulation, value buy, strong buy)
- Adds ETH/BTC ratio context for stronger signals
- Works on any crypto with sufficient price history (ETH, SOL, AAVE, etc)
- Color intensity changes based on market conditions
How to Read
- Color Zones: Price relative to its MA200 history
- Zone Opacity: Stronger color = stronger signal (influenced by ETH/BTC context)
- Status Box: Shows current "Enhanced Status" combining price level with ETH/BTC context
- Context Line: Explains why the signal is strong or weak
Buy/Sell Signals
- Strong Buy Signals:
• "EXTREME VALUE" (blue zone + BTC dominance)
• "STRONG VALUE BUY" (cyan zone + BTC preference) - Take Profit Signals:
• "CONFIRMED BUBBLE" (purple zone + altcoin dominance)
• "APPROACHING BUBBLE" (red zone + rising altcoin strength)
Customization
- Adjust multiple thresholds (0.6x, 0.8x, 2.0x, 2.5x, 3.0x)
- Toggle ETH/BTC context analysis
- Configure ETH/BTC thresholds for market bias
- Change MA length from default 200
This indicator helps identify optimal entry and exit points by watching the vertical color streaks on your chart. Look for deep blue/cyan zones with high opacity for strong buying opportunities, and intense purple/red zones for potential exits. The darker the color intensity, the stronger the signal—no complex interpretation needed!
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.