Decred Mayer Multiple Bands

Chart Brief

The Mayer Multiple is a simple oscillator calculated by taking the ratio of the current DCR/USD Price to its 200-day moving average. The 200-day moving average is a very common indicator in technical analysis and is often used to calibrate macro bull/bear bias. The Mayer Multiple is a metric that presents the deviation of price from this long term mean as an oscillator with historically relevant probabilities of occurence shown as follows:

• Mayer Multiple 0.4 = 10% occurence
• Mayer Multiple 0.6 = 25% occurence
• Mayer Multiple 2.0 = 25% occurence
• Mayer Multiple 2.8 = 10% occurence

Data Source: Coinmetrics.io