Moving Average Price Multiple
Author: Preston Pysh & Trace Mayer
Visit www.MayerMultiple.com to see current charts & explanation
Listen to Preston's Podcast: www.theinvestorspodcast.com/
Follow Preston on Twitter: twitter.com/PrestonPysh
This indicator calculate the Price Multiple from Current Close Price vs 200 Day Moving Average.
Based on Preston's article:
+ The average Mayer Multiple is 1.44 for the history of Bitcoin.
+ Safe Buying Threshold is 2.4
Visit www.MayerMultiple.com to see current charts & explanation
Listen to Preston's Podcast: www.theinvestorspodcast.com/
Follow Preston on Twitter: twitter.com/PrestonPysh
This indicator calculate the Price Multiple from Current Close Price vs 200 Day Moving Average.
Based on Preston's article:
+ The average Mayer Multiple is 1.44 for the history of Bitcoin.
+ Safe Buying Threshold is 2.4