OPEN-SOURCE SCRIPT
Diupdate

Adjusted NVT Signal

35
Originally found on woobull.com. This indicator is a derivate of the originall NVT Ratio, created by Dmitry Kalichkin.

The Adjusted calculation displays how many standard deviations NVTS is above or below the historical norm. Similar to how z-score is calculated (value minus the mean all divided by the standard deviation), the 2-year MA and standard deviation are calculated and the raw NVTS value is inputed into the formula to give you Adjusted NVT Signal.

This modification accounts for the upward drift in signal.
Catatan Rilis
Updated data to be sourced from quandl as this has reduced the issues around the 2023 bear market.

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.