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TTP Volatility NVT (HV+ATR) v0.1

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This indicator looks into Willy Woo's 2017 introduced NVT and volatility.
charts.woobull.com/bitcoin-nvt-ratio/

It can show volatility using historical volatility or average true range.

Instructions:
- add it to a daily BTCUSD chart
- Use HV (historic volatility) or ATR to visualise volatility
- whenever volatility is very low and colour comes back up in green it's signalling a pump
- whenever volatility is very low and colour comes back up in red it's signalling a pump

Future work:
- adding alerts
- adding support for backtesting

The strategy is based on the one introduced by Crypto Crew University in this video:
youtube.com/watch?v=BT1kpDWMUMQ&ab_channel=CryptoCrewUniversity

I couldn't find any open source version of the indicator so I had to reverse engineer it. It seems to be working exactly as the one presented in the video.

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.