NVT Studio is an indicator that aims to find areas of reversal of the Bitcoin price based on the extreme areas of Network Value Transaction.
Instructions: - We recommend using it on INDEX:BTCUSD - Use the daily or weekly timeframe
The indicator works as an oscillator and offers to visualisation modes.
1) Showing the short term oscillations of NVT showing signals in potential areas of reversal. 2) The actual value of NVT displayed. When in green is an area of value and in red when its overextended.
This indicator can be used based on the signals or based on breakouts of trend lines drawn in the oscillator mode.
Red/green dots: signal type 1 - extremes with confirmation, these might trigger late Yellow/Orange: signal type 2 - extremes without confirmation, might trigger too soon
Notes de version
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Added support for alerts and look tweaks, enjoy 🦜
Notes de version
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Support for using a single alert to send all events by using the "any alert function call".