An implementation of the Guppy Multiple Moving Average, as originally described by Daryl Guppy.
Alert presets have been added for convenience, including
- Price enters investor group
- Price rises over investor group
- Price falls under investor group
- Trader-group rises above Investor group
- Trader-group falls below Investor group
Learn more about...
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 2.4x the 100-day MA as the BTC buy threshold. While the logic there is historically sound, it does not account for the fact that the BTC trend is parabolic in nature. With...
Hot off the press, I present this next generation "Leavitt Convolutions Multicator" employing PSv4.0, originally formulated by Jay Leavitt, Ph.D. for TASC - January 2020 Traders Tips. Basically it's an all-in-one combination of three Leavitt indicators. This triplet indicator, being less than a 60 line implementation at initial release, is a heavily modified...
This script plots three Simple Moving Averages instead of just one.
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I don't expect to iterate any further on this script, unless any weird issue crops up.
Description and usage detailed in the comments at the top of the script. Cheers!
To repaint or not to repaint, all the relevant sources are exposed as inputs for customisation - so the choice is yours.
The Mayer Multiple is calculated by dividing the current price by 200-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...
Bollinger Bands, with incremented additional outer bands.
Set as you would normally, but with the addition of an incremental value for the added outer bands.
Defaults with Length 20, base multiplier of 2.0, and an Increment value of 0.5 for additional outer bands at 2.5 and 3.0. Adjust values to suite your needs.
All lines and zones have colour and formatting...
Mayer Multiple developed by Trace Mayer gives the ratio of price to 200 daily moving average. Is intended for use on day chart only.
You may select between simple moving average (blue) or weighted moving average (pink). Each version of the Mayer Multiple has its own moving average to chart the trend of the indicator itself over time (shown in orange and green...