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.
​View NVT Signal in Glassnode Studio​
​View NVT Signal in Glassnode API Docs​
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)}}}
}
NVT Signal=Transaction Volume [USD] (90 day moving average)Market Cap [USD]​
About
Created By
Dmitry Kalichkin
Date Created
February 2018
Further Resources
Dmitry Kalichkin - Rethinking Network Value to Transactions (NVT) Ratio​

NVT Ratio

Velocity

Last updated 1 year ago