PROTECTED SOURCE SCRIPT
MACD & Mayer multpile Crypto-Embassy

This is a combination of two indicators MACD & The Mayer Multiple.
MACD = Short for moving average convergence/divergence. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
You will find the normal histogram and also a generated trend line (green = bullish , red = bearish )
The Mayer Multiple = The Mayer Multiple was created by Trace Mayer as a way to analyse the price of Bitcoin in a historical context. The Mayer Multiple is the multiple of the current price over the 200-days moving average.
"It does NOT tell whether to buy, sell or hold" but it gives you a pretty good idea of where we are at.
Basically
🔵Blue = Please buy🙏
🟢Light green = Looking for good entries 👀
🟢Green = Buy if you wish
🟡Yellow = This is starting to take off
🟠Orange = Looking for good exit 👀
🔴Red = You should get out of this
🔴Dark Red = You have balls, now please sell🙏
MACD = Short for moving average convergence/divergence. It is designed to reveal changes in the strength, direction, momentum, and duration of a trend in a stock's price.
You will find the normal histogram and also a generated trend line (green = bullish , red = bearish )
The Mayer Multiple = The Mayer Multiple was created by Trace Mayer as a way to analyse the price of Bitcoin in a historical context. The Mayer Multiple is the multiple of the current price over the 200-days moving average.
"It does NOT tell whether to buy, sell or hold" but it gives you a pretty good idea of where we are at.
Basically
🔵Blue = Please buy🙏
🟢Light green = Looking for good entries 👀
🟢Green = Buy if you wish
🟡Yellow = This is starting to take off
🟠Orange = Looking for good exit 👀
🔴Red = You should get out of this
🔴Dark Red = You have balls, now please sell🙏
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Script protégé
Ce script est publié en source fermée. Toutefois, vous pouvez l'utiliser librement et sans aucune restriction - en savoir plus ici.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.