OPEN-SOURCE SCRIPT
Aggiornato 2-Year MA Multiplier
Indicator built by lookintobitcoin specifically for identifying ideal Bitcoin buy and sell regions.
lookintobitcoin describes this indicator as:
"The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns.
To do this, it uses a moving average (MA) line, the 2yr MA, and also a multiplication of that moving average line, 2yr MA x5.
Note: the x5 multiplication is of the price values of the 2yr moving average, not of its time period.
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns. Selling Bitcoin when price goes above the 2yr MA x 5 (red line) has been historically effective for taking profit."
lookintobitcoin describes this indicator as:
"The 2-Year MA Multiplier is intended to be used as a long term investment tool.
It highlights periods where buying or selling Bitcoin during those times would have produced outsized returns.
To do this, it uses a moving average (MA) line, the 2yr MA, and also a multiplication of that moving average line, 2yr MA x5.
Note: the x5 multiplication is of the price values of the 2yr moving average, not of its time period.
Buying Bitcoin when price drops below the 2yr MA (green line) has historically generated outsized returns. Selling Bitcoin when price goes above the 2yr MA x 5 (red line) has been historically effective for taking profit."
Note di rilascio
Added fill colorsScript open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.