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Mayer MA

Mayer Multiple Price Bands Explained
The Mayer Multiple Price Bands chart is a simple modification to the original Mayer Multiple chart explained here.
Summary of Mayer Multiple
The Mayer Multiple is calculated by taking the price of Bitcoin and dividing it by the 200 day moving average value. The thinking behind the multiple is that by comparing the current price of bitcoin and its longer term moving average, you get a sense of if it is overbought (overvalued) or oversold (undervalued).
Adding Bands
The addition of price bands takes the multiple a step further by attempting to tell you how overbought or oversold bitcoin is with more detail. Instead of just three labels (overbought, fairly priced, and undervalued), you are given more granular labels: Oversold, Bearish, Bullish, Bullish Extension, and Overbought.
How to Calculate Mayer Multiple Bands
The Mayer multiple is calculated by taking the price of Bitcoin and dividing it by the 200 day moving average value. We take this a step further and display various prices that represent ‘bands’ of over and undervalued Bitcoin based on the multiple. They are as follows:
>2.5x: Overbought
>1.7x and <2.5x: Bullish Overextension
>1.1x and <1.7x Bullish Channel
>0.55x and <1.1x: Bearish Channel
<0.55x: Oversold
The Mayer Multiple Price Bands chart is a simple modification to the original Mayer Multiple chart explained here.
Summary of Mayer Multiple
The Mayer Multiple is calculated by taking the price of Bitcoin and dividing it by the 200 day moving average value. The thinking behind the multiple is that by comparing the current price of bitcoin and its longer term moving average, you get a sense of if it is overbought (overvalued) or oversold (undervalued).
Adding Bands
The addition of price bands takes the multiple a step further by attempting to tell you how overbought or oversold bitcoin is with more detail. Instead of just three labels (overbought, fairly priced, and undervalued), you are given more granular labels: Oversold, Bearish, Bullish, Bullish Extension, and Overbought.
How to Calculate Mayer Multiple Bands
The Mayer multiple is calculated by taking the price of Bitcoin and dividing it by the 200 day moving average value. We take this a step further and display various prices that represent ‘bands’ of over and undervalued Bitcoin based on the multiple. They are as follows:
>2.5x: Overbought
>1.7x and <2.5x: Bullish Overextension
>1.1x and <1.7x Bullish Channel
>0.55x and <1.1x: Bearish Channel
<0.55x: Oversold
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
오픈 소스 스크립트
진정한 트레이딩뷰 정신에 따라 이 스크립트 작성자는 트레이더가 기능을 검토하고 검증할 수 있도록 오픈소스로 공개했습니다. 작성자에게 찬사를 보냅니다! 무료로 사용할 수 있지만 코드를 다시 게시할 경우 하우스 룰이 적용된다는 점을 기억하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.