The Mayer Multiple was created by Trace Mayer as a way to analyze the price of an asset in a historical context. The Mayer Multiple is the multiple of the current price over some x-day moving average. I preferred to display multiple average lines as they can help with identifying divergences.
Author - Publication: Mikołaj Zakrzowski, Marek Zatwarnicki Author - Algorithm: Mikołaj Zakrzowski Author - Code: Marek Zatwarnicki, Derek Gruening Inspired by: Mayer Multiple by Trace Mayer Category: Technical Analysis Type: Indicator Timeframe: 1D Only Index: INDEX:BTCUSD Only About: According to Willy Woo Mayer Multiple is "A way to gauge the current price of...
This Bitcoin indicator provides level bands using price distance from the 200 day moving average, also known as the Mayer Multiple. The percentage levels are based on historical distribution of the Mayer Multiple since Bitcoin's inception, and are meant to inform the user of price action probabilities. Usage examples: The 25% line means that 25% of...
Uses a more recent sampling (since 2013) to generated Mayer Multiple distribution.
Plots dynamic levels of the standard mayer multiple based on percentile of recent history. This allows you to view color coded information in a more dynamic fashion. Hope this helps give you an overview of the current market. This can be used for crypto but also for quick analysis of the current trend for any other instruments like stocks.
The script implements a custom version of the Mayer multiple and it may be useful for analyzing the price of Bitcoin in a historical context. Note n.1: Mayer multiple does not tell whether to buy, sell or hold, but highlights the best long-term area when the bitcoin price is below a threshold value (2.4). Note n.2: the threshold value (2.4) has been determined...
This is my original indicator that was inspired by "Mayer Multiple" and "Chande Forecast Oscillator" (CFO). I decided to search truth of trend power with SMA and LinReg and found it in a somewhere of the middle. Also, I added a limit area, where you need to keep a more attention, because it can show a potential reversal. You can change parametrs with a your own...
Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements (200 day moving average), the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. It's worth noting that as the market becomes larger and less volatile, the peaks are becoming less...
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...
Hello traders I'm not a HODLer by any means. I know when to sell (or I think I know....) when an asset starts going against me too much. Even if it's a "long-term" investment. My mentor used to telling me this: "If a short-term trade becomes a long-term investment, then you're in for a hell of a ride". I have no clue if Bitcoin/BTC will go back up or not - I...
Al Po Multiples - is the logical evolving of a very well known to every bitcoiner Mayer Multiples formula. Instead of fixed constants (like 200MA, current price and below or above the 1, etc.), I use a variable values which helps in general to set the very best values for separate timeframes. You can set Buy and Sell borders to separate green/red/yellow fields...
The Mayer Multiple is calculated by dividing the current price by 200-day moving average so you have to use daily charts fort it to work properly. This script is design to be a help for deciding when to buy Bitcoin and when it is time to sell your HODL position. This script uses moving average for optimal sell and buy points. In time of writing the average Mayer...
Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average. Buy when it's white sell when it's orange. Is intended for use on day chart only. This is an extension of the Mayer Multiple developed by Trace Mayer. Normally you only have 2 thresholds signaling buying or selling (blue and yellow). However, I added 2 more...
The ‘Mayer Multiple’ is one of the most popular metrics and derives from the current price divided by the 200-day moving average (200-MA). The average value is 1.39, and historically, when it becomes equal to or greater than 2.4 it will retrace to under 1.5. Simulations performed by Trace Mayer determined that in the past, the best long-term results were achieved...
Inspired by Trace Mayer's 200 Day SMA cryptocurrency valuation method I take no credit for the formula used to calculate the Mayer Multiple or the Mayer Multiple itself For use with the Mayer Multiple Histogram Indicator which gives a visual of this line indicator This line indicator should be used for setting alerts.
Mayer Multiple Histogram Indicator | Customized by AJ Robertson @Version=2 I take no credit for the actual formula used to calculate the Mayer Multiple or the Mayer Multiple itself. For use with Mayer Multiple Line Indicator The histogram helps give a visual representation while the line indicator is used to set alerts I've set an additional optimal buy color...
This indicator shows the Bitcoin value based on the Stock To Flow Model by planB Fixed version of the original script by yomofoV: Split up into 2 seperate indicators so you can put it into two seperate panes. This is the S2F Model Value. You can find the S2F Multiple indicator here:
This is a fixed version of the original script by yomofoV: I fixed the variable assignments and added switching of timeframes over indicator inputs. To switch timeframes click on the indicator, open its settings and switch the timeframe to either monthly, weekly or daily.