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
You're welcome to use add it to your charts.
