Bitcoin Wookalich Ratio (NVT)
The Wookalich Ratio is an indicator derived from the NVT Signal. This is a tool used in Bitcoin markets to predict tops and bottoms.
The Wookalich Ratio aims to correct long-term inflation skewing through the use of a dilution factor.
I've setup this indicator for it to be possible to base the calculations on custom:
Credit for this idea goes to cryptopoiesis twitter.com/cryptopoiesis
You're welcome to use add it to your charts.
The Wookalich Ratio aims to correct long-term inflation skewing through the use of a dilution factor.
I've setup this indicator for it to be possible to base the calculations on custom:
- Transaction Periods
- Overbought levels (110 by default)
- Oversold levels (32 by default)
Credit for this idea goes to cryptopoiesis twitter.com/cryptopoiesis
You're welcome to use add it to your charts.
I develop indicators meant to be useful, profitable and good looking.
