OPEN-SOURCE SCRIPT
Telah dikemas kini Inflation Rate of Change

Inflation and the Fed interest rate impacts all corners of the economy. Today I am releasing to the community an indicator that measures the rate of change of inflation with historical data back to ~1950. I built this to study the historical market impacts of inflation and changes to the Fed rate (see separate indicator I published for Fed Funds Rate here).
What this indicator does:
This indicator pulls in Consumer Price Index data and applies a rate of change formula to it. The output is measured as a percentage. I.e. 7 would mean a 7% rate of change over the look-back period.
Options in the indicator:
You can change the amount of bars back it uses to calculate rate of change. By default it is set to 253, which would be looking 1 year back on a normal stock market day chart. If you are on a month chart, you would input 12 there to look 1 year back, etc.
There are also different versions of the CPI that you can select with a drop-down input to pull in different inflation measures:
Disclaimer: Open-source scripts I publish in the community are largely meant to spark ideas that can be used as building blocks for part of a more robust trade management strategy. If you would like to implement a version of any script, I would recommend making significant additions/modifications to the strategy & risk management functions. If you don’t know how to program in Pine, then hire a Pine-coder. We can help!
What this indicator does:
This indicator pulls in Consumer Price Index data and applies a rate of change formula to it. The output is measured as a percentage. I.e. 7 would mean a 7% rate of change over the look-back period.
Options in the indicator:
You can change the amount of bars back it uses to calculate rate of change. By default it is set to 253, which would be looking 1 year back on a normal stock market day chart. If you are on a month chart, you would input 12 there to look 1 year back, etc.
There are also different versions of the CPI that you can select with a drop-down input to pull in different inflation measures:
- FRED:CPIAUCSL = Urban Consumers, All Items (this is the default data it pulls, and is a common way to measure inflation)
- FRED:CPIUFDNS = Food
- FRED:CPIHOSNS = Housing
- FRED:CPIENGSL = Energy
Disclaimer: Open-source scripts I publish in the community are largely meant to spark ideas that can be used as building blocks for part of a more robust trade management strategy. If you would like to implement a version of any script, I would recommend making significant additions/modifications to the strategy & risk management functions. If you don’t know how to program in Pine, then hire a Pine-coder. We can help!
Nota Keluaran
Update: Added additional CPI / inflation measures that can be selected from a drop-down menu. Now includes: All Items, Food, Housing, Energy, Medical and Apparel.Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Want to build custom alerts and custom strategies? Interested in automated trading?
Hire me to code or automate your trading strategy, or schedule a free consultation at:
TradeAutomation.net
Hire me to code or automate your trading strategy, or schedule a free consultation at:
TradeAutomation.net
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat sebenar TradingView, pencipta skrip ini telah menjadikannya sumber terbuka supaya pedagang dapat menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupun anda boleh menggunakannya secara percuma, ingat bahawa menerbitkan semula kod ini adalah tertakluk kepada Peraturan Dalaman kami.
Want to build custom alerts and custom strategies? Interested in automated trading?
Hire me to code or automate your trading strategy, or schedule a free consultation at:
TradeAutomation.net
Hire me to code or automate your trading strategy, or schedule a free consultation at:
TradeAutomation.net
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.