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unbound
Dec 3, 2017 5:24 PM

Mayer Multiple Buy Price 

Bitcoin / U.S. dollarBitstamp

Description

Following Preston Pysh's "Bitcoin Mayer Multiple" study, 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.


Release Notes

This version only plots the buy price using daily close data and is independent from user-selected resolution.
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