PROTECTED SOURCE SCRIPT
Mayer Multiple Bands [TXMC]

This Bitcoin indicator provides level bands using price distance from the 200 day moving average, also known as the Mayer Multiple.
The percentage levels are based on historical distribution of the Mayer Multiple since Bitcoin's inception, and are meant to inform the user of price action probabilities.
Usage examples:
Levels displayed:
5% (5% chance of trading below)
10% (10% chance of trading below)
20%
75%
90% (10% chance of trading above)
95% (5% chance of trading above)
This indicator is for information purposes only. Use at your own discretion.
The percentage levels are based on historical distribution of the Mayer Multiple since Bitcoin's inception, and are meant to inform the user of price action probabilities.
Usage examples:
- The 25% line means that 25% of Bitcoin's price history has traded below that distance away from the 200 day moving average.
- A value of 95% means that only 5% of Bitcoin's price history has extended that far above the 200 day moving average.
Levels displayed:
5% (5% chance of trading below)
10% (10% chance of trading below)
20%
75%
90% (10% chance of trading above)
95% (5% chance of trading above)
This indicator is for information purposes only. Use at your own discretion.
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此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
受保护脚本
此脚本以闭源形式发布。 但是,您可以自由使用,没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。