unbound

Mayer Multiple Buy Price

Following Preston Pysh's "Bitcoin Mayer Multiple" study (https://www.theinvestorspodcast.com/cryp...), I made this simple script to plot the recommended buy price based on the calculated 2.4x ratio between bitcoin price and its 200-day moving average. The ratio and SMA length have default values of 2.4 and 200 and can be adjusted.


P.S. Checkout the Swiss army knife we're building for crypto traders on Telegram (http://t.me/coinographbot) and follow our twitter for upcoming features and signals (https://twitter.com/coinographio)
Release Notes: This version only plots the buy price using daily close data and is independent from user-selected resolution.
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