Bitcoin Wookalich Ratio (NVT)
Bitcoin / U.S. dollarBitstamp
Descrizione
⋅ 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 like your indicator and I am using it.
Can I just confirm that I can use this on a daily, weekly and monthly time frame?
Are you still happy with the defaults of 110 and 32?
Thank you!