Bitcoin Studies (NVT et. al) [NeoButane] — Indicator by NeoButane

price-earnings-ratio volumestudies bitcoin nvt velocity bitcoinmarketcap geometric logarithmic

Currently studying the effect of NVT on price action and volume.

Release Notes:

What's available:
Velocity: 90 day moving average of daily transaction volume in USD divided by 90 day moving average of daily market cap
NVT Ratio: 28 day moving average of daily market cap divided by daily transaction volume in USD
NVT Signal: daily market cap divided by the 90 day moving average of daily transaction volume in USD

Mean:
The ability to view final mean in arithmetic, logarithmic, or geometric mean. Will include harmonic mean once I figure out how to limit or extend variable n. Log and geometric averaging does a much better job than arithmetic calculation when viewing historical levels.

If you would like access to this script, please consider purchasing it. A family member has just had surgery so money is running tight.

Any amount will do, so you can send a dollar and you'll still get permanent access haha. Send to one of the addresses below and message me on TradingView with your address before you send it. If you just want to donate, I would be grateful as well.

BTC
3NepWzT7gFQJXt1Q6nfyA7AkaSULFjM1qL

ETH
0x226145a170feBf528e335C21B2a5f1c99d43d051

NEO
AMDBFHfVTC9WZ5TMp4TdDnyfvAb9g17bFw

XRP
rEb8TK3gBgk5auZkwc6sHnwrGVJH8DuaLh

109167758

My published indicators: www.tradingview.com/u/NeoButane/

Sorry if I haven't replied to your message yet, I'm a bit backlogged :)

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Disclaimer

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