I had to google to find out what the NVT is. Thanks much for ameliorating my ignorance yet again. When I read Woo's definition with a 28 day moving average that includes 14 forward looking values it was a WTF moment. That definition is useless if you are trying to consider the NVT today!
Kalichkin's NVT using a 90 DMA is better, but any method is suspect when the real daily transaction value is a moving target that nobody can be sure about. (My caustic interpretation of Justin Chan's excellent DDI article, http://www.datadriveninvestor.com/2018/03/15/the-network-value-to-transactions-nvt-ratio-a-breakthrough-for-cryptocurrency-valuation/)
Is any exchange including NVT charting in their customer charting offerings? My gut says probably not, but I have no experience outside of gdax. Their charting offerings are by no standard impressive, AKA unimpressive by any standard.
Random thought: If NVT is a potentially valuable metric, could the Bitcoin blockchain be modified to include a REAL block transaction value value that could be summed on a daily basis to provide a REAL Daily Transaction Value value. Are you aware of anybody thinking/proposing such a thing within the Bitcoin development communities? Or is the idea too circular for consideration?
I'm taking it as a sign from the universe that you're posting videos again because I've been out of crypto for about 50+ days and getting ready to dive back in within a few days, maybe.
I just finished backtesting my rule set from 1/30/17 thru 5/16/18 using a worst entry/worst exit method after each 12/26 EMA crossover. This long only scheme produced a 467% return over that timeframe, though the last two entry/exit roundtrips returned -23% and -2% losses. I would be ecstatic to achieve even a quarter of those results in the next 18 months, so I believe I'll play this hand.
Regards,
Rick
hey can you review ALQO? thanks
@makesushi, I could review ALQO but nobody would care what I think and I know nothing about ALQO. I think you meant to reply to @cryptovestor and I am but a humble acolyte and part time curmudgeon. :-)
Peace,
Rick