NVT Signal

NVT Signal (NVTS) is a modified version of the NVT Ratio which improves the ratio to better function as a leading indicator.

Indicator Overview

NVT Signal (NVTS) is a modified version of the original NVT Ratio. It uses a 90 day moving average of the daily transaction volume in the denominator instead of the raw daily transaction volume.

This moving average improves the ratio to better function as a leading indicator.

How is it measured?

NVT Signal is simply a variation on the NVT Ratio, using the 90 day moving average of daily transaction volume in the denominator instead of the raw daily transaction volume.

NVT Signal=Market Cap [USD]Transaction Volume [USD] (90 day moving average)\textrm{NVT Signal} = \frac{ \textrm{Market Cap}~{\color{gray}{{[\textrm{USD}]}}} }{ \textrm{Transaction Volume}~{\color{gray}{{[\textrm{USD}]}}}~{\color{gray}{\textrm{(90 day moving average)}}} }

About

Created By

Dmitry Kalichkin

Date Created

February 2018

Further Resources

Dmitry Kalichkin - Rethinking Network Value to Transactions (NVT) Ratio