"BEAM stands for "Bitcoin Economics Adaptive Multiple" and is the result of experimenting with various indicator types and formulas for almost 2 years. Various other designs were dropped or improved until reaching a satisfying result.
BEAM may look like a typical indicator, but can also be used as a basis for an anti-cyclical investment plan for Bitcoin as well as other crypto assets whose cycle is tied to that of Bitcoin. Roughly speaking, BEAM divides the price of bitcoin at any given moment to a moving average of past prices. This makes price trends more clearly visible."