This indicator was created by Trace Mayer as a way to analyze the price of Bitcoin in a historical context. Consider it as a kind of Volatility Ratio that was created by Jack Schwager for the securities. To learn more about Mayer Multiple see: charts.woobull.com mayermultiple.info www.theinvestorspodcast.com Good luck!
Based on the work done by sirolf2009 Many many conditionals Best on high liquidity / high volume markets Not so great on low volume alts (still better than manual trading for me) This is a stripped-down version of the code in buyBot, converted to Pine
Version of Special Sauce strategy This one has alerts. TradingView doesn't let you put alerts in Pine in Strategies, only in studies. Therefore it is separate. The logic is identical. Best on high-volume / high-liquidity markets. Not so good with low-volume high-chaos alts. Pretty good bot strat.
// Custom Vortex Strategy (backtester) // Custom version of the Vortex indicators that adds many features: // -Triggers trades after a threshold is reached instead of the normal vortex lines cross (once the difference between the 2 lines is important enough) // -Smooths the Vortex lines with an EMA // -Adds Take Profit and Stop Loss selection // -Adds the...
This script plots a line for X minutes, when the given reference source (which could be another indicator like volume, etc), exceeds the fixed value threshold. There is a line limit in TV, so only the most recent 40 lines are plotted
The script implements a custom version of the Mayer multiple and it may be useful for analyzing the price of Bitcoin in a historical context. Note n.1: Mayer multiple does not tell whether to buy, sell or hold, but highlights the best long-term area when the bitcoin price is below a threshold value (2.4). Note n.2: the threshold value (2.4) has been determined...
This script illustrates how to create simple alerts, triggered by a share price moving above (or below) an arbitrary threshold.
Playground file for implementing MACD with threshold values while visualizing the persistence plot, which counts the amount of spent bars since the MACD delta crossed 0 value in either way.