OPEN-SOURCE SCRIPT
Updated Golden Ratio
This is inspired by Philip Swift's Golden Ratio Multiplier research however it uses the 300 DMA to predict the Macro Cycle Top's Price. It still uses the 350 DMA * 2 and 111 DMA to predict the top's date (the two cross).
111 DMA (Orange) crosses the 350 DMA * 2 (Green)= Macro Cycle Top Date
300 DMA * 3 (Red) predicts the Current Macro Cycle Top Price
300 DMA * 5 (Yellow) predicted the 2018 Macro Cycle Top Price
300 DMA * 8 (Blue) predicted the 2014 Macro Cycle Top Price
111 DMA (Orange) crosses the 350 DMA * 2 (Green)= Macro Cycle Top Date
300 DMA * 3 (Red) predicts the Current Macro Cycle Top Price
300 DMA * 5 (Yellow) predicted the 2018 Macro Cycle Top Price
300 DMA * 8 (Blue) predicted the 2014 Macro Cycle Top Price
Release Notes
This is inspired by Philip Swift's Golden Ratio Multiplier research however it uses the 300 DMA to predict the Macro Cycle Top's Price. It still uses the 350 DMA * 2 and 111 DMA to predict the top's date (the two cross).
111 DMA (Orange) crosses the 350 DMA * 2 (Green)= Macro Cycle Top Date
300 DMA * 3 (Red) predicts the Current Macro Cycle Top Price
300 DMA * 5 (Yellow) predicted the 2018 Macro Cycle Top Price
300 DMA * 8 (Blue) predicted the 2014 Macro Cycle Top Price
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.