Mayer Multiple Zones (Crypto)

Enhanced Mayer Multiple Zones

Advanced crypto valuation zones with ETH/BTC context

Key Features

• Shows 6 price zones based on MA200 multiples (bubble, take profit, fair value, accumulation, value buy, strong buy)
  
• Adds ETH/BTC ratio context for stronger signals
  
• Works on any crypto with sufficient price history (ETH, SOL, AAVE, etc)
  
• Color intensity changes based on market conditions
  

How to Read

1. Color Zones: Price relative to its MA200 history
   
2. Zone Opacity: Stronger color = stronger signal (influenced by ETH/BTC context)
   
3. Status Box: Shows current "Enhanced Status" combining price level with ETH/BTC context
   
4. Context Line: Explains why the signal is strong or weak
   

Buy/Sell Signals

• Strong Buy Signals:
  • "EXTREME VALUE" (blue zone + BTC dominance)
  • "STRONG VALUE BUY" (cyan zone + BTC preference)
  
• Take Profit Signals:
  • "CONFIRMED BUBBLE" (purple zone + altcoin dominance)
  • "APPROACHING BUBBLE" (red zone + rising altcoin strength)
  

Customization

• Adjust multiple thresholds (0.6x, 0.8x, 2.0x, 2.5x, 3.0x)
  
• Toggle ETH/BTC context analysis
  
• Configure ETH/BTC thresholds for market bias
  
• Change MA length from default 200
  

This indicator helps identify optimal entry and exit points by watching the vertical color streaks on your chart. Look for deep blue/cyan zones with high opacity for strong buying opportunities, and intense purple/red zones for potential exits. The darker the color intensity, the stronger the signal—no complex interpretation needed!