The Mayer Multiple is calculated by dividing the Bitcoin Price by the day moving average of the price. Woobull Charts. About Mayer Multiple Introduced by Trace Mayer as a way to gauge the current price of Bitcoin against its long range historical price movements day moving average , the Mayer Multiple highlights when Bitcoin is overbought or oversold in the context of longer time frames. Detects when Bitcoin is overvalued or undervalued. Bitcoin Mayer Multiple Trace Mayer's ratio to measure Bitcoin price in relation to its historical movement.
Bitcoin Difficulty Ribbon A view into miner capitulation, typically signals times when buying is sensible. Bitcoin Valuations A collection of useful valuation metrics on Bitcoin. Mayer Multiple is an on-chain indicator of BTC. It uses the relationship between the price of BTC and its day moving average MA to determine the trend.
To determine cycle tops, the 2. On the contrary, the multiplication 0. So far, the price has moved above this MA during every higher cycle. However, sometimes it does just before the top, as was the case in February of last year black circle. In contrast, BTC funds are not as precisely determined as ceilings.
While at every bottom BTC has moved below the 0. This was the case in red circle when the price hovered above and below the line several times. The actual Mayer Multiple MM reading is then plotted as a line blue , with horizontal multiples of 0. The relationship between MM and its 0. Therefore, the market bottoms have coincided with a MM decline below its 0. There are similarities between the current movement and the one in July black rectangle.
In both cases, MM remained just above its 0.
The numbers used to make this script can be found in a number of locations, or you can just make them for yourself in Principal moving averages and an approximation the institutional smoothed moving average. This indicator shows the Bitcoin value based on the Stock To Flow Model by planB Fixed version of the original script by yomofoV: Split up into 2 seperate indicators so you can put it into two seperate panes.
This is the S2F Model Value. You can find the S2F Multiple indicator here This indicator was created by Trace Mayer as a way to analyze the price of Bitcoin in a historical context. Consider it as a kind of Volatility Ratio that was created by Jack Schwager for the securities. To learn more about Mayer Multiple see: charts.
This is a simple update to the Mayer Multiple script by Unbound , which charts an indicator created by Trace Mayer and popularized by Preston Pysh. The original post identified any price below 2. While the logic there is historically sound, it does not account for the fact that the BTC trend is parabolic in nature.
I know when to sell or I think I know Even if it's a "long-term" investment. My mentor used to telling me this: "If a short-term trade becomes a long-term investment, then you're in for a hell of a ride". The Mayer Multiple is calculated by dividing the current price by day moving average so you have to use daily charts fort it to work properly. This script is design to be a help for deciding when to buy Bitcoin and when it is time to sell your HODL position.
This script uses moving average for optimal sell and buy points. In time of writing the average Mayer Uses a more recent sampling since to generated Mayer Multiple distribution. Plots dynamic levels of the standard mayer multiple based on percentile of recent history. This allows you to view color coded information in a more dynamic fashion. Hope this helps give you an overview of the current market. This can be used for crypto but also for quick analysis of the current trend for any other instruments like stocks.
The script implements a custom version of the Mayer multiple and it may be useful for analyzing the price of Bitcoin in a historical context. Note n. I decided to search truth of trend power with SMA and LinReg and found it in a somewhere of the middle. Also, I added a limit area, where you need to keep a more attention, because it can show a potential reversal.
You can change parametrs with a your own Get started. Indicators, Strategies and Libraries All Types. All Types. Open Sources Only. Mayer Multiple Strategy. In April MM fell below this oscillator twice, before reclaiming it. However, it only hovered above it for roughly six months before another breakdown followed. However, if MM fails to move above the oscillator and consolidates above it, it could mean that BTC is in a bear market instead.
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