Mayer Multiple

The Decred Mayer Multiple is a powerful yet simple oscillator formed by taking the ratio between price and its 200-day moving average. The 200-day moving average has acted as reliable tool for setting bull/bear bias as well as act as key support and resistance in all market conditions. The Mayer Multiple pricing bands and oscillator levels are established based on historical occurence and thus represent a probability for price to remain above/below that level.