OPEN-SOURCE SCRIPT
BEST Mayer Multiple

Hello traders
I'm not a HODLer by any means. I know when to sell (or I think I know....) when an asset starts going against me too much.
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".
I have no clue if Bitcoin/BTC will go back up or not - I don't even care because I'm an intraday trader.
What if BTC was actually a way to accumulate more fiat? Satoshi fooled us
I coded this Mayer Multiple according to the specifications below. By the way, I'm a big fan of Willy Woo. I've been monitoring all his work since I learned about crypto (10 minutes ago.... it's a joke come on)
https://charts.woobull.com/bitcoin-mayer-multiple/
Scaling
To respect the Mayer's multiple model, I recommend to select the Logarithmic scaling as shown below
imgur.com/a/zSI71tE
What Mayer's model says
Using the reference below, the model says we're in the oversold zone. But, we can be in that zone for months/years...
When a model says an asset could bounce in a 1000-7000 USD range... well... I don't know how I would be able to perform optimally with that insight. This is very subjective and not a recommendation.
Mayer's Multiple model reference
All the BEST
Dave
I'm not a HODLer by any means. I know when to sell (or I think I know....) when an asset starts going against me too much.
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".
I have no clue if Bitcoin/BTC will go back up or not - I don't even care because I'm an intraday trader.
What if BTC was actually a way to accumulate more fiat? Satoshi fooled us
I coded this Mayer Multiple according to the specifications below. By the way, I'm a big fan of Willy Woo. I've been monitoring all his work since I learned about crypto (10 minutes ago.... it's a joke come on)
https://charts.woobull.com/bitcoin-mayer-multiple/
Scaling
To respect the Mayer's multiple model, I recommend to select the Logarithmic scaling as shown below
imgur.com/a/zSI71tE
What Mayer's model says
Using the reference below, the model says we're in the oversold zone. But, we can be in that zone for months/years...
When a model says an asset could bounce in a 1000-7000 USD range... well... I don't know how I would be able to perform optimally with that insight. This is very subjective and not a recommendation.
Mayer's Multiple model reference
All the BEST
Dave
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
⭐️ Listed as an Official TradingView Trusted TOP Pine Programmer
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Open-source Skript
Ganz im Sinne von TradingView hat dieser Autor sein/ihr Script als Open-Source veröffentlicht. Auf diese Weise können nun auch andere Trader das Script rezensieren und die Funktionalität überprüfen. Vielen Dank an den Autor! Sie können das Script kostenlos verwenden, aber eine Wiederveröffentlichung des Codes unterliegt unseren Hausregeln.
⭐️ Listed as an Official TradingView Trusted TOP Pine Programmer
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
📧 Coding/Consulting Inquiries: dave@best-trading-indicator
Telegram: Daveatt
⏩ Course: best-trading-indicator.com
Twitter: twitter.com/bti_trading
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.