NVT Dynamic Colored with Signals [aamonkey]

NVT Dynamic

This is the dynamic version of my "Bitcoin Network Value to Transactions" indicator.

The dynamic NVT indicator is based on the Network Value to Transactions.


NVT = Network Value / Daily Transaction Volume


Because BTC is a very young asset, it can be a good idea to have relatively high and low NVT values that change over time.

When the NVT turns green = buy opportunity

NVT turns red = sell opportunity
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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