Larsson Line CLONE with BULL/BEAR NoticesLarsson Line CLONE
This script is a trend-following indicator that uses two Smoothed Moving Averages (SMMA) to identify bullish, bearish, and neutral market conditions.
How It Works
The indicator plots two SMMAs:
- A fast line (15-period SMMA)
- A slow line (29-period SMMA)
The trend direction is determined by comparing these two lines:
- When the 15-period SMMA is above the 29-period SMMA, the trend is bullish (shown in yellow).
- When the 15-period SMMA is below the 29-period SMMA, the trend is bearish (shown in blue).
- When the lines are crossing or equal, the trend is neutral (gray).
The area between the two SMMAs is also filled with the corresponding color, providing visual clarity.
How to Use
Use the color changes to identify trend direction and potential entry/exit signals:
- Bullish entry: When the trend turns yellow from blue/gray.
- Bearish entry: When the trend turns blue from yellow/gray.
- Exit signal: When the color changes against your position.
It is most effective when used with:
- Volume analysis
- Candlestick confirmation
- RSI/Stochastics for overbought/oversold filters
- Higher timeframes for multi-timeframe confirmation
Note: This indicator is based entirely on SMMA crossover logic, and does not repaint. It is most useful in trending markets.
指標和策略
RT - Order BlocksThis Pine Script indicator identifies and visualizes Volumetric Order Blocks—key areas of institutional buying or selling based on significant volume surges and price displacement. It highlights zones where price previously showed strong reaction, allowing traders to:
Detect bullish and bearish order blocks with automatic zone plotting.
Measure volume intensity and imbalance strength for each block.
Visualize mitigation when price invalidates a zone, removing it from the chart.
Customize zone sensitivity, lifetime, and visibility for refined strategy alignment.
Ideal for traders focused on price action, smart money concepts (SMC), or supply/demand strategies, this module is designed to integrate seamlessly into broader trading systems.
EMA Crossover + RSI Filter with ATR StopsCore Concept & Logic:
This strategy utilizes a powerful combination of Exponential Moving Average (EMA) crossovers and Relative Strength Index (RSI) filters for signal validation. It includes dynamic risk management by setting Take-Profit and Stop-Loss targets based on the Average True Range (ATR).
How It Works & Signal Interpretation:
EMA Crossovers: A bullish signal is generated when the faster EMA (20-period default) crosses above the slower EMA (50-period default), indicating upward momentum. A bearish signal occurs when the fast EMA crosses below the slow EMA.
RSI Filter: Ensures entries aren't made during extreme market conditions (avoids longs when RSI > 70, avoids shorts when RSI < 30).
ATR-Based Stops: Automatically calculates realistic Stop-Loss and Take-Profit targets, helping manage risk relative to recent volatility.
Key Input Parameters:
Fast EMA Length: Recommended between 10-30 (default 20).
Slow EMA Length: Recommended between 40-100 (default 50).
RSI Length: Typically 14 periods.
RSI Overbought Threshold: 70 (standard RSI practice).
RSI Oversold Threshold: 30 (standard RSI practice).
ATR Length: Typically 14 periods for standard volatility measure.
Stop-Loss Multiplier: Recommended range: 1.5-2.5 (default 1.5).
Take-Profit Multiplier: Recommended range: 2-4 (default 3).
Ideal Usage & Performance Scenarios:
Performs well in trending markets (stocks, crypto, forex).
Potentially weaker during choppy or sideways markets due to false EMA crossovers.
Ideal on timeframes like 1H, 4H, and 1D charts.
Known Limitations & Risks:
EMA strategies can produce false signals in ranging markets.
RSI filter may limit entries in persistently strong trending conditions.
ATR-based stops might not accommodate sudden volatility spikes.
For more such strategies visit stratizone.com where you will get settings as well. The platform also offers to share the strategies and find them easily with lots of filters.
The equity curve is on BTC, 15min
Disha-Author(VAKA)Hourly Indicator which tells whether the hour is bullish or bearish based on 5/10/15 min candles on each hour if its AM -- and for PM its 10/15/20 min candles
Directional Strength IndexThis indicator is designed to detect the dominant market direction and quantify its strength by aggregating signals across six key timeframes: 1H, 4H, 1D, 3D, 1W, and 1M.
At its core, it uses a SMEMA 'the Simple Moving Average of an EMA' as the main trend reference. This hybrid smoothing method was chosen for its balance: the EMA ensures responsiveness to recent price moves, while the SMA dampens short-term volatility. This makes the SMEMA more stable than a raw EMA and more reactive than a simple SMA, especially in noisy or volatile environments.
For each timeframe, a score between -10 and +10 is calculated. This score reflects:
- the distance of the price from the SMEMA, using ATR as a dynamic threshold
- the number of price deviations above or below the SMEMA
- the slope of the SMEMA, which adjusts the score based on momentum
These six timeframe scores are then combined into a single Global Score, using weighted averages. Three weighting profiles are available depending on your trading horizon:
- Long Term: emphasizes weekly and monthly data
- Swing Trading: gives balanced importance to all timeframes
- Short Term: prioritizes 1H and 4H action
This multi-timeframe aggregation makes the indicator adaptable to different styles while maintaining a consistent logic.
The result is displayed in a table on the chart, showing:
- the trend direction per timeframe (up, down or neutral)
- the strength score per timeframe
- the overall trend direction and strength based on the selected profile
Optional deviation bands based on ATR multiples are also plotted to provide visual context for overextensions relative to the SMEMA.
This indicator is non-repainting and built for objective, trend-based decision making.
Rolling VWAP with 9:15AM Alert✅ Short Description:
A dynamic Rolling VWAP indicator with deviation bands, real-time Buy/Sell alerts, and a special 9:15 AM IST first candle signal for Indian markets.
✅ Long Description (to publish):
Rolling VWAP with Buy/Sell Alerts & 9:15 AM Candle Signal
Published by: Vijay Bhilwade
📧 Contact: vijshr@yahoo.co.in
🔍 Overview:
This indicator calculates a Rolling Volume Weighted Average Price (VWAP) over a dynamically adjustable window based on chart timeframe or custom input. It includes Buy/Sell crossover alerts, customizable standard deviation bands, and a special first candle signal at 9:15 AM IST — highly relevant for Indian markets.
📌 Key Features:
✅ Rolling VWAP based on price × volume in a sliding window
🎯 Buy Signal: When price crosses above VWAP
🔻 Sell Signal: When price crosses below VWAP
📊 Standard Deviation Bands (optional: 1x, 2x, 3x)
🕒 First Candle Alert at 9:15 AM IST for Indian market open
🔔 Alerts supported for all signal types
🛠️ How to Use:
Add the indicator to any chart (1-minute or 5-minute resolution recommended)
Optional: Customize the VWAP window by enabling “Use a fixed time period”
Configure standard deviation bands for volatility tracking
Enable alerts:
“Buy Alert” / “Sell Alert”
“9:15 Buy Alert” / “9:15 Sell Alert” (fires only on the first market candle at 9:15 AM IST)
🇮🇳 Made for Indian Markets
This script includes a dedicated check for the first candle at 9:15 AM IST, used by professional traders in India to plan high-probability trades.
EX Trend Signal – Overlay🚨 Fibonacci Reactor Zone Detected on XAU/USD
Gold is now testing the upper edge of a triangle structure, combined with an explosive Fibonacci cluster from multiple legs.
📍 Key Levels:
• 1.618 = 3,326.00 (Already broken)
• 2.618 = 3,385.66
• 3.618 = 3,422.72
• 4.236 = 3,445.63
🧠 Price is approaching the major confluence zone. A clean breakout above 3,360 could trigger a momentum spike toward 3,420+.
✅ Using EX-LEO Fibo Reactor™ v2 with trendline precision
✅ Triangle compression + EMA crossover
📊 Trading Ideas:
• Buy on breakout above 3,360
• Buy the dip near 3,336–3,317
• Cut below 3,302 if momentum fails
—
💬 Let me know your thoughts — Bullish or Bearish?
⚡ Follow for real-time charts and setups from the Command Table.
#XAUUSD #Gold #Breakout #Fibonacci #PriceAction #TradingView #TechnicalAnalysis #Forex #GoldForecast
Steph's Shadow Supplyindicator for steph's strategy "shadow supply"
decluttered by using AI
inspo from @louisq69
Equal Highs/Lows + SMT Divergences + Range FilterKey Functional Areas
🔹 Equal Highs and Lows Detection
Strict Swing High/Low: Looks for equal swing points and ensures untouched in-between levels.
Regular Equal High/Low: Uses a range filter (default 9.75 points across 5 bars) to validate.
Volume and Time Filtering: You allow user toggles to include only periods with sufficient volume or time of day.
🔹 Swing Point Helpers
Functions isSwingHigh() and isSwingLow() are used for strict equal high/low detection.
🔹 Range Filter
Checks whether the high-low range over the last 5 candles meets a user-defined minimum (ensures significance).
🔹 Moving Averages
Includes optional plotting of 20 and 200 SMA.
🔹 SMT Divergences
Compares pivots between main symbol and two others (default: ES1! and YM1!).
Detects divergence based on opposite directional movement at pivot points.
Customizable color, thickness, and labels.
Fuerza de tendencia / Trend StrengthTrend Strength Indicator – Multimetric Scanner
This indicator evaluates the strength of a bullish trend using 11 widely trusted technical signals. It aggregates price behavior, moving averages, RSI momentum, and Ichimoku Cloud position into a single table with intuitive checkmarks.
Included conditions:
Higher highs and higher lows
RSI trending up
Price above EMA21, SMA50, and SMA200
EMA21 above SMA50 and SMA200
SMA50 above SMA200
Price above the Ichimoku Cloud
Each fulfilled condition adds a point to the Trend Strength Score (0 to 11). This visual summary helps traders quickly assess whether an asset is aligned with a strong upward trend.
Includes language support for English and Spanish.
Indicador de Fuerza de Tendencia – Escáner Multicriterio
Este indicador evalúa la fuerza de una tendencia alcista utilizando 11 señales técnicas ampliamente reconocidas. Resume el comportamiento del precio, medias móviles, impulso del RSI y posición respecto a la Nube de Ichimoku en una tabla con íconos claros.
Condiciones evaluadas:
Máximos y mínimos alcistas
RSI en alza
Precio sobre EMA21, SMA50 y SMA200
EMA21 sobre SMA50 y SMA200
SMA50 sobre SMA200
Precio sobre la Nube de Ichimoku
Cada condición cumplida suma un punto al Puntaje de Fuerza de Tendencia (de 0 a 11). Esta tabla visual permite evaluar rápidamente si un activo presenta una tendencia sólida al alza.
Incluye soporte de idioma inglés y español.
Fair Value Gap [Dogan]This is my FVGdetection. It focuses an finding and alarming new gaps and makes them invald, when the chart touches it too much
congestion final1 by saurabh maggo
Title: Indian Market Congestion Indicator
Description:
The Indian Market Congestion Indicator is a powerful tool designed for traders in the Indian stock market, specifically tailored for indices like BANKNIFTY on a 5-minute chart. This indicator identifies periods of price congestion—where the market is consolidating within a tight range—and detects potential breakouts or breakdowns, helping you spot high-probability trading opportunities during the NSE session (9:15 AM–3:30 PM IST).
Key Features:
Congestion Detection: Identifies consolidation zones based on price range, ATR (Average True Range), volume, and RSI filters. A blue background or table cell indicates a congestion period.
Breakout/Breakdown Signals: Detects breakouts (green) and breakdowns (red) from congestion zones, confirmed by volume spikes, price movement, and volatility filters.
Post-Congestion and Pullback Detection: Highlights post-congestion periods (yellow) and pullback entries (purple) after breakouts/breakdowns for safer trade entries.
Customizable Colors: Adjust the colors and transparency for each state (Congestion, Breakout Up, Breakdown, Post-Congestion, Pullback) directly in the settings panel, allowing you to fine-tune visibility for both background and table displays.
State Table: Displays the current market state in a table at the top-right corner, with trend direction (light green/red) if the trend filter is enabled.
Advanced Filters: Includes optional filters like RSI, volume, volatility (ATR), trend, and momentum (MACD) to reduce false signals and improve accuracy.
Session and Timeframe Support: Designed for the NSE session, with options to show indicators only for the current day and adjust parameters for different timeframes.
Alerts: Set up alerts for congestion, breakouts, and breakdowns, with enhanced alert messages providing context like breakout level, volatility, and trend.
SPX to ES/MES**SPX to ES/MES Level Converter**
This indicator is designed for traders who work with SPX price levels but execute trades on ES or MES futures. It allows you to input SPX-based key levels—such as call walls, put walls, vanna/charm zones, volatility triggers, and profit targets—and automatically converts them into their real-time ES/MES equivalents.
### 📌 Features:
- Manual input of SPX levels (e.g. 5900, 5850, etc.)
- Live conversion to ES or MES levels using a dynamic spot ratio
- Plots include:
- 🟢 Call Wall
- 🔴 Put Wall
- 🟠 Vanna
- 🟣 Charm
- 🟡 Volatility Trigger
- ✅ Long Profit Targets
- ❌ Short Profit Targets
- Smoothing parameter to stabilize visual line display
### 🧠 How it Works:
- The indicator calculates a dynamic ratio between the ES/MES price and your manually input SPX spot.
- This ratio is applied to each SPX level to determine its corresponding ES/MES equivalent.
- It plots each line at its translated futures level so your chart reflects accurate futures-aligned decision points.
> Tip: Adjust the `Current SPX Spot` input daily to match live spot values for maximum precision.
This version does not include text labels on the chart. For a labeled version, check out the updated release with `label.new()` annotations for each level.
**Use case:** Great for traders who generate levels off SPX options flow, but execute on ES/MES contracts intraday.
Created by pogchamp99 | Inspired by SPY → ES conversion by ItsAnders81
Engulfing + Trend + Confirmation + S/R Filter — v6This Pine-v6 indicator is provided purely for testing and educational purposes. It looks for high-probability engulfing patterns in a strong ADX-confirmed trend, then waits for a pullback/retest and a confirming candle before plotting “Buy” (green up arrow) or “Sell” (red down arrow) signals on the chart.
Key features:
• ADX Trend Filter (14,25): only trades when ADX > 25 and +DI/–DI confirm direction
• Engulfing Pattern Detection: identifies classic bullish or bearish engulfing candles
• (Optional) Micro-Pullback Filter: checks for small-bodied consolidation before the engulfing
• (Optional) Midpoint Retest: requires price to revisit the engulfing candle’s midpoint
• Support/Resistance Filter: ignores signals if a major pivot high/low is too close (within “ATR × N”)
• Confirmation Candle: only fires the signal after the next candle closes in the same direction
• Built-in `alertcondition(...)` calls for both Buy and Sell signals.
This “Testing Edition” is meant to help you verify PineScript logic, backtest entries, or integrate with your own webhook/email solutions (e.g., Replit → Telegram). Use the alert templates below for webhook payloads:
• Buy alert payload:
{
"message": "🚀 BUY signal on {{ticker}} @ {{close}} ({{time}})"
}
• Sell alert payload:
{
"message": "🔻 SELL signal on {{ticker}} @ {{close}} ({{time}})"
}
Feel free to fork and modify this script to suit your own risk management, backtesting framework, or messaging setup. Because it’s intended as a “test” indicator, no performance or profitability promises are made—use at your own risk.
Atul 15M ORBThis is a basic script without any fluff that:
Marks the absolute high and absolute low of the candles between 9:30 AM EST and 9:45 AM EST.
The line is marked and labeled '15M ORB HIGH' and '15M ORB LOW', respectively, and extends until 12:30 PM EST then resets.
SuperTrend Strategy with Trend-Based Exits🟩 SuperTrend Strategy with Trend-Based Exits
This is a fully automated trend-following strategy based on the popular SuperTrend indicator, enhanced with a position sizing algorithm tied to stop-loss distance and dynamic entry/exit rules. The strategy is designed for futures trading with an emphasis on sustainable risk, realistic backtesting, and transparent logic.
🧠 Concept and Methodology
The strategy uses the SuperTrend indicator, which is derived from ATR (Average True Range) and is widely used to capture medium- to long-term market trends.
Key features:
✅ Entries are triggered only when the SuperTrend direction changes (trend reversal).
✅ Exits are performed using a dynamic stop-loss placed at the SuperTrend line.
✅ Position size is automatically calculated based on the trader’s fixed dollar risk per trade and the current distance to the stop-loss.
✅ Rounding logic is included to ensure quantity is valid for the exchange’s lot size.
This strategy does not use any take-profit or classic trailing stop — the position is only closed when the trend reverses or the stop is hit by touching the SuperTrend line.
⚙️ Default Parameters
ATR Length: 92
Factor: 4.6
Risk per trade: $200 (2% of the default $10,000 capital)
Lot step: 0.01
Commission: 0.05%
Slippage: 5 ticks
These default parameters are not universal. They were optimized specifically for ETHUSDT at 15M timeframe and may not produce viable results on other pairs and timeframes.
Users are encouraged to customize the settings according to specific asset’s volatility, timeframe and other characteristics.
❗ These default settings yield meaningful backtesting results on ETHUSDT with a reasonable number of trades (180+) over 6-month period. If applied to other assets, results may vary significantly.
📈 Position Sizing Logic
The strategy uses a dynamic position sizing formula:
position_size = floor((risk_per_trade / stop_loss_distance) / lot_step) * lot_step
This ensures the trader always risks a fixed dollar amount per trade and never exceeds a sustainable equity exposure (recommended 2% or less).
✅ Realism in Backtesting
To ensure realistic and non-misleading backtest results, this strategy includes:
— Slippage and commission settings matching average exchange conditions (commission = 0.05%, slippage 5 ticks).
— Position sizing based on stop-loss distance (not fixed contract quantity).
— A fixed risk-per-trade model that adheres to responsible capital management principles.
— This is in compliance with TradingView's Script publishing rules and House Rules.
📌 How to Use
Apply the strategy to a clean chart (preferably 15M for ETHUSDT by default).
If using another asset, adjust:
- ATR Length
- Factor
- Risk per trade
- Qty step (lot precision for the symbol)
Avoid using with other indicators unless you understand their purpose.
Use the Strategy Tester to evaluate performance and optimize parameters.
⚠️ Disclaimer
This is not financial advice. Always perform forward testing and assess risk before deploying any strategy on live capital. The strategy is designed for educational and experimental use.
DTC Advanced | 1.4 📈 DTC Advanced | 1.4 – All-in-One Trading Indicator
DTC Advanced | 1.4 is a powerful, professional-grade trading tool designed to help traders identify trends, plan trades, and manage risk—all in one seamless, visual interface. It combines trend detection, real-time trade planning, and performance monitoring into a single overlay, making it ideal for active traders who want clarity, speed, and precision in their decision-making.
🧩 Core Features
🔹 1. Adaptive Trend Detection System
DTC Advanced uses a layered set of moving averages to track market momentum in real time. It identifies whether the market is trending upward, downward, or moving sideways. This system adapts to different market conditions and helps traders avoid false signals by waiting for clean alignment across multiple momentum layers.
* Bullish Trend: When all levels align upward.
* Bearish Trend: When all levels align downward.
* Neutral Trend: When there’s no clear alignment.
The trend is visually represented using colored clouds and optional candle coloring, making it easy to spot trend changes at a glance.
🔹 2. Real-Time Trade Signal Alerts
The indicator automatically detects and marks key moments when a new trend begins. It displays clear labels like “LONG” or “SHORT” on the chart when the market flips direction.
These trade signals are designed to:
* Appear only at confirmed turning points.
* Avoid noise and premature entries.
* Help traders align with new market momentum early.
🔹 3. Intelligent Trade Planning (Entry, SL, TP)
As soon as a trend shift is detected, DTC Advanced calculates:
* Entry Point – Based on current market price.
* Stop Loss – Based on recent price structure.
* Take Profits (TP1 to TP4) – Based on a consistent risk-reward ratio (from 1:1 to 4:1).
These levels are drawn on the chart as clear horizontal lines with labels, giving the trader a full, ready-made trade plan in real time. This allows for disciplined trading with predefined risk and profit targets.
🔹 4. Dynamic Stop Loss Sizing
Traders can choose how aggressive or conservative they want their Stop Loss to be:
* Tiny – Very tight SL for scalping or low-volatility environments.
* Small / Mid / Large – For larger market moves or longer-term trades.
This flexibility allows the indicator to adapt to different trading styles and asset classes.
🔹 5. Live Performance Dashboard
A built-in mini-dashboard displays everything the trader needs to know at a glance:
* Current trend direction
* Entry and Stop Loss prices
* Take Profit targets
* Real-time profit/loss estimate
* Capital and leverage input
The dashboard updates automatically as price action unfolds. It's fully integrated into the chart view and helps traders stay focused without switching between tools or calculating manually.
🔹 6. Clean Visuals with Custom Control
Traders can customize:
* Which elements to display (e.g., TP/SL levels, trend cloud, dashboard)
* The style and color of trend visuals
* Whether to color candles based on trend
This ensures that DTC Advanced fits seamlessly into any trader’s chart setup, without adding clutter.
✅ Key Benefits
* Simplifies Decision-Making: Trade with confidence using pre-calculated entries and exits.
* Improves Consistency: Follow a structured, repeatable process every time.
* Saves Time: No need to manually draw levels or calculate risk/reward.
* Enhances Discipline: Stick to your plan with clearly defined targets.
🎯 Who Is It For?
DTC Advanced | 1.4 is ideal for:
* Swing traders who want to catch full trend moves.
* Intraday traders looking for clean signals and fast decisions.
* Beginner traders seeking structure and clarity.
* Experienced traders who want to scale decisions and automate risk logic.
🧠 What Makes It Unique?
Unlike most indicators that offer either trend analysis or trade planning, DTC Advanced | 1.4 does **both**—plus real-time performance tracking.It acts like your personal trade assistant, always one step ahead, helping you read the market, plan your moves, and stick to a strategy.
ATR% Multiple from MAThis indicator builds upon the original idea by jfsrevg of using the ATR% multiple from a daily 50-period moving average to highlight when a stock or instrument is extended relative to its own volatility. My version expands on this by incorporating an ADR% (Average Daily Range percentage) volatility filter, which helps refine the signals to adapt better to different instruments and timeframes.
What it does:
• Calculates the 50-period simple moving average (SMA) using daily data as the baseline trend reference.
• Measures the instrument’s Average True Range (ATR) relative to the current close (ATR%).
• Uses this ratio to identify when an instrument is significantly extended above its average volatility-based range.
• Adds a dynamic ADR% filter — computed as the average daily range divided by the daily close — to adjust the extension threshold dynamically based on recent price volatility.
• Plots small circles above price bars when extension conditions are met, signaling potential overbought conditions.
•The script works on both daily and weekly timeframes, but all volatility calculations are based on daily data to ensure consistency.
How to use:
• Traders can use this indicator to spot when a stock or instrument is significantly stretched relative to its own volatility, which may signal a good time to scale out or manage risk.
• The dynamic ADR% filter helps reduce false positives by adjusting thresholds based on market conditions.
• Use the customizable settings for ATR length, SMA length, and ADR length to fine-tune the indicator for your preferred instruments.
Original Contributions:
• Integrated an ADR% filter that refines the extension threshold based on real-time volatility.
• Added dynamic thresholds that adapt to market conditions, making the indicator more reliable across different instruments and timeframes.
• Maintained daily volatility calculations while allowing signals to appear on both daily and weekly charts.
RSI by Harsh Bhagat (VITTAARA)This is a customised RSI indicator designed for pro traders who want to stay ahead in the market.
🚀 Key Features:
• Standard RSI with precision tuning
• Two Upper Bands: 60 & 65 for smart overbought tracking
• Two Lower Bands: 40 & 38 for sharp oversold alerts
• Dual-tone color scheme for better visual clarity
Ideal for identifying reversal zones, trend weakness, and momentum shift — with an edge.
DECODE Global Liquidity IndexDECODE Global Liquidity Index 🌊
The DECODE Global Liquidity Index is a powerful tool designed to track and aggregate global liquidity by combining data from the world's 13 largest economies. It offers a comprehensive view of financial liquidity, providing crucial insights into the underlying currents that can influence asset prices and market trends.
The economies covered are: United States, China, European Union, Japan, India, United Kingdom, Brazil, Canada, Russia, South Korea, Australia, Mexico, and Indonesia. The European Union accounts for major individual economies within the EU like Germany, France, Italy, Spain, Netherlands, Poland, etc.
Key Features:
1. Customizable Liquidity Sources
Include Global M2: You can opt to include the M2 money supply from the 13 listed economies. M2 is a broad measure of money supply that includes cash, checking deposits, savings deposits, money market securities, mutual funds, and other time deposits. (Note: Australia uses M3 as its primary measure, which is included when M2 is selected for Australia).
Include Central Bank Balance Sheets (CBBS): Alternatively, or in addition, you can include the total assets held by the central banks of these economies. Central bank balance sheets expand or contract based on monetary policy operations like quantitative easing (QE) or tightening (QT).
Combined View: If you select both M2 and CBBS, and data is available for both, the indicator will display an average of the two aggregated values. If only one source type is selected, or if data for one type is unavailable despite both being selected, the indicator will display the single available and selected component. This provides flexibility in how you define and analyze global liquidity.
2. Lead/Lag Analysis (Forward Projection):
Lead Offset (Days): This feature allows you to project the liquidity index forward by a specified number of days.
Why it's useful: Global liquidity changes can often be a leading indicator for various asset classes, particularly those sensitive to risk appetite, like Bitcoin or growth stocks. These assets might lag shifts in liquidity. By applying a lead (e.g., 90 days), you can shift the liquidity data forward on your chart to more easily visualize potential correlations and identify if current asset price movements might be responding to past changes in liquidity.
3. Rate of Change (RoC) Oscillator:
Year-over-Year % View: Instead of viewing aggregate liquidity, you can switch to a Year-over-Year (YoY%) Rate of Change (ROC) oscillator.
Why it's useful:
Momentum Identification: The ROC highlights the speed and direction of liquidity changes. Positive values indicate liquidity is increasing compared to a year ago, while negative values show it's decreasing.
Turning Points: Oscillators make it easier to spot potential accelerations, decelerations, or reversals in liquidity trends. A cross above the zero line can signal strengthening liquidity momentum, while a cross below can signal weakening momentum.
Cycle Analysis: It helps in assessing the cyclical nature of liquidity provision and its potential impact on market cycles.
This indicator aims to provide a clear, customizable, and insightful measure of global liquidity to aid traders and investors in their market analysis.
