OPEN-SOURCE SCRIPT
Pi Cycle Bitcoin Top and Bottom (Daily)
Pi Cycle Bitcoin Top and Bottom (Daily)
This indicator combines the renowned Pi Cycle Top and Pi Cycle Bottom indicators into one comprehensive tool designed to identify Bitcoin's market cycle tops and bottoms with precision.
Pi Cycle Top
The Pi Cycle Top indicator uses the 111-day moving average (111DMA) and a multiple of the 350-day moving average (350DMA x 2). Historically, this indicator has identified Bitcoin’s price cycle peaks with an accuracy of up to 3 days.
📈 When the 111DMA crosses above the 350DMA x 2, it signals a market cycle top.
Pi Cycle Bottom
The Pi Cycle Bottom indicator utilizes the 150-day exponential moving average (150EMA) and a multiple of the 471-day simple moving average (471SMA x 0.745). Over past cycles, this combination has effectively pinpointed Bitcoin’s market bottoms with the same level of accuracy.
📉 When the 150EMA crosses below the 471SMA x 0.745, it signals a market cycle bottom.
Parabola
As an additional feature, the indicator identifies moments when the 150EMA crosses back above the 471SMA x 0.745, suggesting a potential parabolic price movement.
Features
Full credits to Philip Swift, PositiveCrypto, Tondy, BilzerianCandle.
This indicator combines the renowned Pi Cycle Top and Pi Cycle Bottom indicators into one comprehensive tool designed to identify Bitcoin's market cycle tops and bottoms with precision.
Pi Cycle Top
The Pi Cycle Top indicator uses the 111-day moving average (111DMA) and a multiple of the 350-day moving average (350DMA x 2). Historically, this indicator has identified Bitcoin’s price cycle peaks with an accuracy of up to 3 days.
📈 When the 111DMA crosses above the 350DMA x 2, it signals a market cycle top.
Pi Cycle Bottom
The Pi Cycle Bottom indicator utilizes the 150-day exponential moving average (150EMA) and a multiple of the 471-day simple moving average (471SMA x 0.745). Over past cycles, this combination has effectively pinpointed Bitcoin’s market bottoms with the same level of accuracy.
📉 When the 150EMA crosses below the 471SMA x 0.745, it signals a market cycle bottom.
Parabola
As an additional feature, the indicator identifies moments when the 150EMA crosses back above the 471SMA x 0.745, suggesting a potential parabolic price movement.
Features
- Precision: Both indicators have historically aligned with major market turning points.
- Customizable settings: Adjust the short and long moving averages to fit your analysis needs.
- Alerts: Real-time alerts can be enabled for identifying market tops and bottoms.
- Clear visualization: Optional moving average lines and signal markers make it easy to track market trends.
Full credits to Philip Swift, PositiveCrypto, Tondy, BilzerianCandle.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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 pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
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.