In this script I included 2 quite interesting indicators for Bitcoin: * NVT (Network Value to Transactions Ratio) * NVTS (NVT Signal) Both indicators are based on Bitcoin Network Value (Market Cap) and . Feb 11, · This produces a much more responsive chart. Responsive enough to use as a trading indicator. This is probably the first trading indicator to use blockchain data instead of the basic price and volume data coming in from exchanges. Using NVT Signal. For BTC. The Wookalich Ratio is an indicator derived from the NVT Signal. This is a tool used in Bitcoin markets to predict tops and bottoms. The Wookalich Ratio aims to correct long-term inflation skewing through .
Btc nvt trading viewNVT (original) - Network Value to Transactions — Indicator by gliderfund — TradingView
However by adding support trendlines on the signal, we can call the tops quite accurately. We should be aware that calling market tops has been one of the most elusive things for a trader. Note I'm drawing these trendlines above in zones when the levels are above long range overbought.
We can also do trendlines below the levels to pick local maximums. Similarly we can use trendlines to pick bottoms accurately I left you with this chart as this is where BTC is today. The NVT Signal is picking we've bottomed. For the future, I'm working on a new project called Fomonomics which will bring in a whole array of off-exchange data into view for traders and investors. Watch this space. Stay up to date! What is NVT Signal? This produces a much more responsive chart.
Responsive enough to use as a trading indicator. Total Assets, FQ —. Total Debt, FQ —. Operating Metrics. Return on Assets, TTM —. Return on Equity, TTM —. Revenue per Employee, TTM —. Price History. Average Volume 10 day —. Beta - 1 Year —. Price - 52 Week High —. Price - 52 Week Low —.
Dividends Paid, FY —. Dividends per Share, FY —. Expected Annual Dividends —. Dividends Yield —. Net Margin, TTM —. Gross Margin, TTM —. Operating Margin, TTM —. Pretax Margin, TTM —. Income Statement.