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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.
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plot(close)
mayermultipleTrend Analysis

開源腳本

在真正的TradingView精神中,這個腳本的作者以開源的方式發佈,這樣交易員可以理解和驗證它。請向作者致敬!您可以免費使用它,但在出版物中再次使用這段程式碼將受到網站規則的約束。 您可以收藏它以在圖表上使用。

想在圖表上使用此腳本?


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