Following Preston Pysh's "Bitcoin Mayer Multiple" study, I made this simple script to plot the Mayer multiple by calculating the ratio between bitcoin price and its 200-day moving average. It also plots the moving average of ratio itself.
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.
One of my favourite script working powerfully for Iq options and Expert Options.
Its definately non repainting script..........But repaints on some moments .....Will be removed on next update.
Features :
1) Same as Weizmann Forex by Mr.JJ v1.1.2
2) but less repainting and less glitches
3) Candlestick Patterns can be now identified
4) For traders ...... Trading...
The Fader indicator finds the moment when trends begin to reverse. It locks down a quick profit which makes it very effective. It also calculates if it's better to stay or leave after a day of having opened the position.
Flags tell you when to buy or sell, red triangles indicate losses whereas green triangles indicate earnings. It has been tested with over 15...
Minimum and maximum points in a day trading session. It may help you spot the range which min and max occur in a session.
In day trading, for example, at securities like GBPNZD, minimum happens between 02:00-05:00 ET and maximum between 08:00-14:00 ET. This indicator can help you test this hypothesis.
Happy trading!
Function to convert floating numeric price to its *integral* value, ex: 1.2345 --> 12345.
integral might not be the right name, so pardon my engrish :p.
Forex AUDUSD Strength Index is calculated by the major exports of Australia, those are iron,coal,natural gas,gold,oil,copper and wheat. As Australia economy relies on resources more than product and services, rate of change at export prices can give good information about the currency strength. The influence factor of each export type is determined by OEC...
Measures the period's change in terms of the instrument's value (e.g. pip, dollar, etc) instead of as a percentage. I generally use it on a daily time frame with a period=1 to see how the current day's move compares with prior days' moves in order to gain a perspective into how this move ranks historically.
Original (Simple Horizontal Value and Offsets/SHV) Requested by @TAFA94
Description:
Simple adjustable incremented horizontal offset lines extending up and down from a Median point.
Set full value for manual Median point control, or set an incremental rounding value for auto Median adjustment.
Source and look-back period inputs for fine tuning auto...
EXPERIMENTAL:
improved range detection (it now locks range when its last formed on the appropriate side improving readability as it doesnt auto adjust when opposite extreme moves)
The Sharpe ratio allows you to see whether or not an investment has historically provided a return appropriate to its risk level. A Sharpe ratio above one is acceptable, above 2 is good, and above 3 is excellent. A Sharpe ratio less than one would indicate that an investment has not returned a high enough return to justify the risk of holding it. Interesting in...
I am calling it a SNAP BACK indicator.
Utilizing the TVI (Transactional Value Index - Link below for indicator / setups)
You can pretty much guess when any instrument could slow down, last stand in a pullback and the last few candles before losing its strong trend.
It varies per person, a short term trader can use this, Long term traders can hedge with...
![EURUSD: Simple Horizontal Value and Offsets [Auto Shift]](https://s3.tradingview.com/3/3pLg3KWd_mid.png "Simple Horizontal Value and Offsets [Auto Shift]")
