aamonkey

Bitcoin Network Value to Transactions [aamonkey]

Cryptoassets have been quite turbulent in the past few weeks.

At times like this, it is especially important to look at the fundamental foundations of cryptoassets.

This indicator is based on the Network Value to Transactions, or NVT.

Definition:

NVT = Network Value / Daily Transaction Volume


Because this indicator is pulling the Daily Transaction Volume for BTC it can only be used for BTC and the daily timeframe .
Sep 30
Release Notes: You now can change the zone tops.
Sep 30
Release Notes: Updated picture
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Hey dude, reading up about this indicator and NVT in general. So would you trade this like a Stochastic on the Cross Up / Cross Down moments?
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aamonkey ashgilbert
@ashgilbert, I would try to find other complementing indicators to use as an entry/exit indication. I would use this indicator more like a confirmation indicator, that shows me when is a good time to be looking to short and when is it a good time to be looking for longs.
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@aamonkey, I will have a look into that with my current set up. thank you!
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