OPEN-SOURCE SCRIPT
NVM Ratio: Onchain
Network Value to Metcalfe Ratio (NVM Ratio) is defined as the ratio of the log of market capitalization divided by the log of the square of daily active addresses.
This oscillator evaluates bitcoin price according to the Metcalfe Ratio to show whether the current value of Bitcoin is higher or lower than the real price
in this oscillator, High values indicate the overvalued price, and low values indicate undervalued price.
This oscillator evaluates bitcoin price according to the Metcalfe Ratio to show whether the current value of Bitcoin is higher or lower than the real price
in this oscillator, High values indicate the overvalued price, and low values indicate undervalued price.
Script de código aberto
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publications is governed by House rules. Você pode favoritá-lo para usá-lo em um gráfico.
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