Mayer Multiple Zones

Mayer Multiple Zones

The Mayer Multiple Zones indicator is a powerful market valuation tool that helps traders identify key price zones based on multiples of the 200-period moving average. Originally inspired by the Bitcoin Mayer Multiple concept, this versatile indicator works across all markets and timeframes to visualize the relative valuation of any asset.

Key Features:

• Color-coded valuation zones: Instantly recognize if the current price represents a strong buy opportunity, fair value, or potential bubble territory
  
• Customizable multiplier levels: Adjust all zone thresholds to suit specific markets or trading strategies
  
• Real-time status indicator: Clear market status display showing current valuation zone
  
• Comprehensive information table: View all critical price levels and current multiple at a glance
  
• Multi-timeframe compatible: Works seamlessly across all timeframes while maintaining accurate MA200 reference
  
• Visual zone labeling: Clear labels for each price zone directly on the chart
  

How to Use:
The indicator divides price action into six distinct zones based on the MA200:

• Strong Buy Zone (default: below 0.6x MA200): Extreme undervaluation, historically excellent buying opportunities
  
• Value Buy Zone (default: 0.6x-0.8x MA200): Attractive buying range for long-term value
  
• Accumulation Zone (default: 0.8x-1.0x MA200): Price building strength below the MA200
  
• Fair Value Zone (default: 1.0x-2.0x MA200): Reasonable valuation range
  
• Take Profit Zone (default: 2.0x-2.5x MA200): Overvaluation suggesting partial profit taking
  
• Bubble Zone (default: above 2.5x MA200): Extreme overvaluation, historically unsustainable levels
  

This indicator serves as both a strategic planning tool for long-term investors and a tactical guide for shorter-term traders, helping identify potential reversal zones and price targets based on historical valuation patterns.

Settings:

• MA Length: Adjust the moving average period (default: 200)
  
• Multipliers: Customize each zone threshold to adapt to specific market characteristics
  

Perfect for all traders seeking to understand relative market valuation across any timeframe.