More alternatives will probably come in the future.
You can pick which oscillator should be active in the settings where you can also pick between different color schemes as well.
If you have any suggestions on what oscillators that i should include, then please feel free to comment or contact me.
This indicator is totally free as freedom and as in free beer!
I do this for myself, but I like sharing and I want everyone to have the ability to use what I make no matter your economic situation.
If you have the possibility then, please consider donating.
USDT( TRC ): TVD3SBDF4wcCa5J4pDEQq7WgXkHyPMHuAL
ETH (ERC20): 0xb392f5f58bd10de374736ac337cfd9635cd92d20
XRP MEMO: 102109716
Also added the abbility to change some colors and turn on and off horizontal lines.
If you don't know what it is you can find information here: www.buybitcoinworldw....com/mayer-multiple/
But basically shows when bitcoin is over or undervalued.
But I guess one can use it in other ways as well to see momentum shifts and stuff as well.
Please experiment, back test and play around with it. I added a smoothing line as well.
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.