OPEN-SOURCE SCRIPT
BTC Pi Multiple
The Pi Multiple is a function of 350 and 111-day moving average. When both intersect and the 111-day MA crosses above, it has historically coincided with a cycle top with a 3-day margin.
With the Pi Multiple, this intersection is visible when the line crosses zero upwards.
The indicator is called the Pi Multiple because 350/111 is close to Pi. It is based on the Pi Cycle Top Indicator developed by Philip Swift and has been modified for better readability by David Bertho.
With the Pi Multiple, this intersection is visible when the line crosses zero upwards.
The indicator is called the Pi Multiple because 350/111 is close to Pi. It is based on the Pi Cycle Top Indicator developed by Philip Swift and has been modified for better readability by David Bertho.
Open-source script
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
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.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.