Overview: Oster's Fair Economy (OFE) is a powerful tool designed to give traders and investors a comprehensive assessment of the fair value of major stock indices . Unlike conventional indicators that focus solely on technical analysis, OFE emphasizes economic metrics to offer a deeper understanding of the market's intrinsic value. By applying Oster's method...
Keeping an eye on the macroeconomic environment is an essential part of a successful investing and trading strategy. Piecing together and analysing its complex patterns are important to detect probable changing trends. This may seem complicated, or even better left to experts and gurus, but it’s made a whole lot easier by this indicator, the Economic Growth Index...
Macroeconomics is the most important part of the financial markets. If the trader/investor could predict the economic cycles, the chance of making money is much greater. This is the second macroeconomic indicator, which gives us a more detailed picture of yields and some leading indicators. Trying to predict a recession is the main goal. The indicator is...
**Introduction and How it is Different** Unlike traditional indicators, the BTGR offers a unique perspective on market sentiment and asset valuation by juxtaposing two seemingly disparate assets: Bitcoin, the digital gold, and Gold, the traditional store of value. This article introduces an advanced version of this ratio, complete with upper and lower bands...
This is Part 2 of 2 from the 42MACRO Recreation Series However, there will be a bonus Indicator coming soon! The CE - 42MACRO Fixed Income and Macro Table is a next level Macroeconomic and market analysis indicator. It aims to provide a probabilistic insight into the market realized GRID Macro regimes, track a multiplex of important Assets, Indices, Bonds and...
This is Part 1 of 2 from the 42MACRO Recreation Series The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator. It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra...
The US Recession Indicator is designed to identify recessions as they happen, using two reputable indicators that have accurately foreseen all past recessions since 1969. Unlike the National Bureau of Economic Research (NBER) which determines recession dates after the fact, this indicator seeks to spot recessions in real-time. When both of these distinct metrics...
The Global Liquidity Index offers a consolidated view of all major central bank balance sheets from around the world. For consistency and ease of comparison, all values are converted to USD using their relevant forex rates and are expressed in trillions. The indicator incorporates specific US accounts such as the Treasury General Account (TGA) and Reverse...
The 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 is a sophisticated market tool designed to provide valuable insights into the current market trends and the approximate current position in the Macroeconomic Regime. Furthermore the 𝓜𝓪𝓻𝓴𝓮𝓽 𝓟𝓮𝓻𝓯𝓸𝓻𝓶𝓪𝓷𝓬𝓮 𝓣𝓪𝓫𝓵𝓮 provides the Correlation Implied Trend for the Asset on the Chart. Lastly it provides information about current "RISK ON" or...
I developed this script, to help me in my analysis process of Stocks. In it I have combined several things that I look at when evaluating a company. First, there is the Macro part, where I have added the most important (at least for me) macro indicators, such as inflation, interest rates, initial jobless claims etc. Under the last is the latest reported value,...
OVERVIEW The Consumption Oscillator combines Core Consumer Price Index (USCCPI) and Personal Consumption Expenditure (USPCEPI). It can be a useful tool for understanding inflationary and deflationary pressure in the economy. CONCEPTS Defining some thresholds may aid in interpreting the oscillator but interpretation needs context. Also, the thresholds may need...
US bond 10yr and 2yr yield inversion, which shows how it affects macro economy.
The Macroeconomics indicator can give us an instant view of the most important economic indicators. The indicator displays different tables in different sectors: - Money : It give us a basic information about the money indicators in USA; - Surveys: They are usually used as leading indicators. - Inflation: It is showing overall inflation in the country -...
This script draws vertical lines to mark Economic Calendar Events. Datetime of events is defined by user in Settings via a standardized line of text. Motivation for coding this script: All traders should be aware of economic calendar events. At times, when you really need to pay attention to an upcoming major event, you might even decide to use the...
This indicator allows you to display the interest rates of multiple central banks (US, EU, China, Russia, Japan, UK, ...) at once. Built-in Interest Rates US ECONOMICS:USINTR EU ECONOMICS:EUINTR China ECONOMICS:CNINTR Russia ECONOMICS:RUINTR Japan ECONOMICS:JPINTR UK ECONOMICS:GBINTR Custom Symbol (default: ECONOMICS:CHINTR )
In the budget speech for FY 2023, market borrowing of 14.95 lakh crore from the market. In the Feb MPC meeting, the RBI brought down its estimates of growth and inflation potentially signaling that economy is/will go through a demand slowdown. Now in a slowing economy, the govt. finances will be affected. Therefore, to bring back the economy on the fiscal...
Plots and tabulates constant maturity treasury yield spreads // colours per curve type for the plots and table headers C_30Y_20Y=color.orange C_10Y_5Y=color.purple C_10Y_2Y=color.blue C_7Y_5Y=color.gray C_5Y_2Y=color.red C_3Y_2Y=color.yellow C_10Y_1Y=color.olive