OPEN-SOURCE SCRIPT
[Comparative CPI SGM]

Code Explanation
User Inputs:
len: Defines the period over which CPI changes are calculated, with selectable options of 12, 6, and 3 months.
CP1 and CP2: These are the economic zones whose CPI data are being compared. The options include CPI from various regions like the EU, USA, UK, etc.
Calculating and Comparing Changes:
Calculates the annual change for each CPI and then computes the difference between these two changes.
Trading Utility
In trading, CPI variations are key indicators of inflation within different economic regions. Monetary policy decisions by central banks, heavily influenced by these data, significantly impact financial markets, especially in forex and bond markets.
Monetary Policy Forecasting:
If inflation in one region is significantly higher than in another, the central bank might raise interest rates, potentially strengthening that region's currency.
Currency Trading Strategy:
Traders might use this indicator to speculate on currency pair movements. For example, if US CPI is rising faster than the EU CPI, this might suggest a potential appreciation of the USD against the EUR.
Macroeconomic Analysis:
Understanding where inflation pressures are strongest can guide longer-term investment decisions, such as choosing between emerging and developed markets.
User Inputs:
len: Defines the period over which CPI changes are calculated, with selectable options of 12, 6, and 3 months.
CP1 and CP2: These are the economic zones whose CPI data are being compared. The options include CPI from various regions like the EU, USA, UK, etc.
Calculating and Comparing Changes:
Calculates the annual change for each CPI and then computes the difference between these two changes.
Trading Utility
In trading, CPI variations are key indicators of inflation within different economic regions. Monetary policy decisions by central banks, heavily influenced by these data, significantly impact financial markets, especially in forex and bond markets.
Monetary Policy Forecasting:
If inflation in one region is significantly higher than in another, the central bank might raise interest rates, potentially strengthening that region's currency.
Currency Trading Strategy:
Traders might use this indicator to speculate on currency pair movements. For example, if US CPI is rising faster than the EU CPI, this might suggest a potential appreciation of the USD against the EUR.
Macroeconomic Analysis:
Understanding where inflation pressures are strongest can guide longer-term investment decisions, such as choosing between emerging and developed markets.
開源腳本
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Sigaud | Junior Quantitative Trader & Developer
Combining technical expertise with analytical precision.
Gaining experience and growing in the field.
📧 Contact: from the website
Combining technical expertise with analytical precision.
Gaining experience and growing in the field.
📧 Contact: from the website
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
Sigaud | Junior Quantitative Trader & Developer
Combining technical expertise with analytical precision.
Gaining experience and growing in the field.
📧 Contact: from the website
Combining technical expertise with analytical precision.
Gaining experience and growing in the field.
📧 Contact: from the website
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。