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NVT Dynamic Colored with Signals [aamonkey]

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Oscillators NVT nvtsignal Bitcoin (Cryptocurrency) topfinder bottomfinder
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oscillator nvt nvtsignal bitcoin topfinder bottomfinder
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
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.

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.

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