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INVITE-ONLY SCRIPT

TTP Volatility NVT (HV+ATR) v0.1

265
This indicator looks into Willy Woo's 2017 introduced NVT and volatility.
charts.woobull.com/bitcoin-nvt-ratio/

It can show volatility using historical volatility or average true range.

Instructions:
- add it to a daily BTCUSD chart
- Use HV (historic volatility) or ATR to visualise volatility
- whenever volatility is very low and colour comes back up in green it's signalling a pump
- whenever volatility is very low and colour comes back up in red it's signalling a pump

Future work:
- adding alerts
- adding support for backtesting

The strategy is based on the one introduced by Crypto Crew University in this video:
youtube.com/watch?v=BT1kpDWMUMQ&ab_channel=CryptoCrewUniversity

I couldn't find any open source version of the indicator so I had to reverse engineer it. It seems to be working exactly as the one presented in the video.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TheTradingParrot directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

you can get access to this indicator by getting a picnic or higher tier from https://thetradingparrot.com/tiers

Warning: please read our guide for invite-only scripts before requesting access.

TheTradingParrot
Join our membership to gain access to the private scripts.
thetradingparrot.com
Also on:
ATRAverage True Range (ATR)Historical VolatilityhistoricalvolatityNATRnetworkvaluetotransactionNVT

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.
ATRAverage True Range (ATR)Historical VolatilityhistoricalvolatityNATRnetworkvaluetotransactionNVT

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TheTradingParrot directly.

Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

you can get access to this indicator by getting a picnic or higher tier from https://thetradingparrot.com/tiers

Warning: please read our guide for invite-only scripts before requesting access.

TheTradingParrot
Join our membership to gain access to the private scripts.
thetradingparrot.com
Also on:

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.