OPEN-SOURCE SCRIPT

SHILLER_PE_RATIO_MONTH

4 454
DISCRIPTION
Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio)

TIME FRAME
1M

HOW TO USE
It provide historic Shiller PE which will provide over-bought or over-sold condition historically from 19th century.

MODIFICATION
When the pe ratio crosses 30 considered as Greed
When the pe ratio fall below 15 considered as Fear

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