LookIntoBitcoin

LIB: Pi Cycle Top Indicator

Indicator Overview
The Pi Cycle Top Indicator has historically been effective in picking out the timing of market cycle highs to within 3 days.
It uses the 111 day moving average (111DMA) and a newly created multiple of the 350 day moving average, the 350DMA x 2.

Note: The multiple is of the price values of the 350DMA not the number of days.

For the past three market cycles, when the 111DMA moves up and crosses the 350DMA x 2 we see that it coincides with the price of Bitcoin peaking.

It is also interesting to note that 350 / 111 is 3.153, which is very close to Pi = 3.142. In fact, it is the closest we can get to Pi when dividing 350 by another whole number.

It once again demonstrates the cyclical nature of Bitcoin price action over long time frames. Though in this instance it does so with a high degree of accuracy over the past 7 years.

How It Can Be Used
Pi Cycle Top is useful to indicate when the market is very overheated. So overheated that the shorter term moving average of the 111day moving average has reached a x2 multiple of the 350 day moving average. Historically this has been a very good time to sell Bitcoin .
Created By
Invite-only script

Access to this script is restricted to users authorized by the author and usually requires payment. You can add it to your favorites, but you will only be able to use it after requesting permission and obtaining it from its author. Contact LookIntoBitcoin for more information, or follow the author's instructions below.

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Comments

Hello. Hope i can get access to your indicator. Much appreciated!
500 coins
+7 Reply
Hello! If it is possible to give me acces to your indicator. Thank you!
200 coins
+1 Reply
Any chance you can grant me access? Jordan from conquer trading&investing talks a lot about this indicator. Thanks a lot for you work!
500 coins
+1 Reply
@dsteinel, I'm also a Jordan fan - to get access to this and their other tools, all awesome, you need to join their Patreon - once you do that they add access to your account. Cheers
+3 Reply
hayleebellamy NoCreditsLeft
@NoCreditsLeft, How do we do this?
+2 Reply
hi , i was wondering if i could get access to your indicator ? a youtuber i follow speaks highly of it.
+19 Reply
Hello, please may I access your pi cycle indicator? I was referred to you by Conquer Trading and Investing (Jordan)
+18 Reply
NoCreditsLeft NoCreditsLeft
Hey Everyone, you get the indicators via their Patreon here: http://www.patreon.com/lookintobitcoin
+1 Reply
Hello, I would also lime to access this please let me know how
+6 Reply