Advanced NVT Signal

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Metric Description

Advanced NVT Signal reflects how fast the BTC market value changes relative to the on-chain transaction volume. When the BTC market value changes too fast relative to the on-chain transaction volume, the market will re-correct so that the price change speed matches the on-chain transaction volume change speed.

When the indicator reaches the upper limit of the signal channel, historically see the top range

Advanced NVT Signal only adds a signal channel consisting of 2 standard deviation lines on the basis of NVT Signal to more intuitively see when the indicator is relatively high relative to historical data and when it is relatively low relative to historical data. The upper and lower limit parameters of the signal channel are obtained by matching the historical backtesting effect.