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Risk On Risk Off
A helpful indicator for those who follow a systematic long-term investment approach.
What it shows:
It shows the 60 Day Cumulative Return of
BND Vanguard Total Bond Market ETF against the 60 Day Cumulative Return of 
BIL SPDR Bloomberg Barclays 1-3 Month T-Bill ETF.
Why:
This Indicator will provide you a sense of where the economic environment is at, if the indicator shows that the 60 Day Cumulative return ofBND is ABOVE BIL, it means that it's a good idea to go Risk ON in the stock market; On the other hand, if the inverse is true, it means that is a good idea to go Risk OFF in the stock market.
Example Uses:
Warren Buffet often advice Investors to just buy a S&P500 index tracking ETF likeSPY consistently and you will likely to be making money in the long-term.
With this indicator you will be able to make the Buffet Strategy even simpler: when the indicator shows Risk ON, buy theSPY; when the indicator shows Risk OFF, consider hedges like 
IEF iShares 7-10 Year Treasury Bond ETF.SPY
What it shows:
It shows the 60 Day Cumulative Return of
BND Vanguard Total Bond Market ETF against the 60 Day Cumulative Return of BIL SPDR Bloomberg Barclays 1-3 Month T-Bill ETF.Why:
This Indicator will provide you a sense of where the economic environment is at, if the indicator shows that the 60 Day Cumulative return of
BND is ABOVE BIL, it means that it's a good idea to go Risk ON in the stock market; On the other hand, if the inverse is true, it means that is a good idea to go Risk OFF in the stock market.Example Uses:
Warren Buffet often advice Investors to just buy a S&P500 index tracking ETF like
SPY consistently and you will likely to be making money in the long-term.With this indicator you will be able to make the Buffet Strategy even simpler: when the indicator shows Risk ON, buy the
SPY; when the indicator shows Risk OFF, consider hedges like IEF iShares 7-10 Year Treasury Bond ETF.SPYSkrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.