TradingView
unbound
3 de Dez de 2017 17:27

Mayer Multiple 

Bitcoin / U.S. dollarBitstamp

Descrição

Following Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.

Notas de Lançamento

This version calculates the indicator using only the daily resolution

Notas de Lançamento

Updated colors
Comentários
Pladizow
How is the Mayer Multiple calculated? - Bitcoin price/200dma?
unbound
@Pladizow, correct.
etnips7
Appreciated!
nanopowered
Awesome script, thanks
martin242
Does this indicator have any use on other than the daily timeframe?
unbound
@martin242, not really.
RTrovatten
Why did it stop tracking the 200d average?
unbound
@RTrovatten, you mean when you play the chart above?
RTrovatten
@unbound, yes, I only see the blue and yellow lines go to Dec 2.
unbound
@RTrovatten, I think it's how tv works. apparently it only updates the price and not the indicators in the idea view.
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