Pi Cycle Bottom Indicator

Back in June 2021, I was able to find two moving averages that crossed when Bitcoin reached it's cycle bottom, similar to Philip Swift's Pi-Cycle Top indicator.

The moving average pair used here was the x0.475 multiple of the 471 MA and the 150 EMA ( EMA to take into account of short term volatility ).

I have a more in-depth analysis and explanation of my findings on my medium page.

Trader Dončić.

Note di rilascio:

Added two new variables: long and short multiples.
These values modify the y-axis of both moving averages independently.

Note di rilascio:

Updated to Pine Script version 5.

Added difference between moving averages, with display off by default.
When the value of this line reaches < 0, cross has occurred.

Note di rilascio:

Updated for minor text adjustments.