NVT Dynamic Colored with Signals [aamonkey]

Bitcoin Liquid IndexBrave New Coin

Description

⋅ Oct 15, 2019 2:37 PM

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.

Definition:

NVT = Network Value / Daily Transaction Volume

Advantages:

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.

Signals:
When the NVT turns green = buy opportunity

NVT turns red = sell opportunity

Comments

KDD

⋅ Dec 19, 2019 12:20 PM

Hi,

Thanks for this great indicator! The green/red buy/sell bars are not showing up on my chart - anything I have to do, to enable them?

Kindly,
Kaliya

profb

⋅ Feb 21, 2021 7:54 AM

[deleted]

julf

⋅ Oct 16, 2019 3:24 AM

Hello, I copied your code directly, but found that the technical indicators are different from yours. Is there any place to pay attention?

aamonkey

⋅ Oct 16, 2019 8:56 AM

@julf, Maybe you are using a different chart. If you are not using the BLX chart you may have to adjust the numbers in the settings in order to make this indicator work for the different exchanges.

mrgr888n

⋅ Dec 23, 2019 12:02 AM

@aamonkey, can this be used on btcusd 1h-15 mins charts?

btcvictory

⋅ Nov 7, 2019 9:17 PM

Hello, that is possible to use with a weekly chart?
thanks !