gliderfund

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:
  • 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.

Please send me a Private Message if you intend to subscribe to an Invite-Only indicator or to hire me to develop some custom work.
Protected script
This script is published closed-source but you may use it freely. You can favorite it to use it on a chart. You cannot view or modify its source code.
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