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Cryptotutor - Pi Cycle Top Indicator

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The Pi Cycle Top Indicator is a tool designed to identify potential price peaks (tops) in Bitcoin during bull markets. It uses two moving averages (MAs): a 111-day SMA and a 350-day SMA multiplied by a factor of 2. When the 111-SMA crosses above the 350-SMA (x2), it signals a potential market top. This is visually displayed on the chart with a symbol, such as a magnet icon, indicating a possible trend reversal. Historically, the indicator has been effective in predicting major Bitcoin cycle peaks and is widely used by experienced traders for market analysis.
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altcoinaltcoinsBitcoin (Cryptocurrency)Candlestick analysiscryptocryptocurrenciesCryptocurrencyCyclesEthereum (Cryptocurrency)Trend Analysis

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本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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