OPEN-SOURCE SCRIPT
Mayer Multiple with simple and weighted moving average
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Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average. Is intended for use on day chart only.
You may select between simple moving average (blue) or weighted moving average (pink). Each version of the Mayer Multiple has its own moving average to chart the trend of the indicator itself over time (shown in orange and green respectively for simple and weighted multiples).
All parameters are however freely configurable in settings.
The threshold value of 2.4 is set for Bitcoin and gives the level under which buys are more likely to lead to profit than not.
You may select between simple moving average (blue) or weighted moving average (pink). Each version of the Mayer Multiple has its own moving average to chart the trend of the indicator itself over time (shown in orange and green respectively for simple and weighted multiples).
All parameters are however freely configurable in settings.
The threshold value of 2.4 is set for Bitcoin and gives the level under which buys are more likely to lead to profit than not.
Notes de version
// script deletedplot(close)
Script open-source
Dans le plus pur esprit TradingView, l'auteur de ce script l'a publié en open-source, afin que les traders puissent le comprendre et le vérifier. Bravo à l'auteur! Vous pouvez l'utiliser gratuitement, mais la réutilisation de ce code dans une publication est régie par nos Règles. Vous pouvez le mettre en favori pour l'utiliser sur un graphique.
Vous voulez utiliser ce script sur un graphique ?
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