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RISK-OFF.RISK.ON-ppxdf.v3
======================================= RISK-OFF & RISK ON INDEX ================================================
1. Stock Price Momentum: Measuring the Standard & Poor's 500 Index ( S&P 500 ) versus its 125-day moving average (MA)
2. Stock Price Strength: Calculating the number of stocks hitting 52-week highs versus those hitting 52-week lows on the New York Stock Exchange (NYSE)
3. Stock Price Breadth: Analyzing trading volumes in rising stocks against declining stocks
4. Put and Call Options: How much do put options lag behind call options, signifying greed, or surpass them, indicating fear
5. Junk Bond Demand: Gauging appetite for higher risk strategies by measuring the spread between yields on investment-grade bonds and junk bonds
6. Market Volatility: CNN measures the Chicago Board Options Exchange Volatility Index ( VIX ), concentrating on a 50-day MA
7. Safe Haven Demand: The difference in returns for stocks versus treasuries
Each of these seven indicators is measured on a scale from 0 to 100, with the index being computed by taking an equal-weighted average of each of them.
A reading of 50 is deemed NEUTRAL.
Above 50 signals the market with RISK-ON. (GREED)
Below 50, Signals the market with RISK-OFF (FEAR)
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1. Stock Price Momentum: Measuring the Standard & Poor's 500 Index ( S&P 500 ) versus its 125-day moving average (MA)
2. Stock Price Strength: Calculating the number of stocks hitting 52-week highs versus those hitting 52-week lows on the New York Stock Exchange (NYSE)
3. Stock Price Breadth: Analyzing trading volumes in rising stocks against declining stocks
4. Put and Call Options: How much do put options lag behind call options, signifying greed, or surpass them, indicating fear
5. Junk Bond Demand: Gauging appetite for higher risk strategies by measuring the spread between yields on investment-grade bonds and junk bonds
6. Market Volatility: CNN measures the Chicago Board Options Exchange Volatility Index ( VIX ), concentrating on a 50-day MA
7. Safe Haven Demand: The difference in returns for stocks versus treasuries
Each of these seven indicators is measured on a scale from 0 to 100, with the index being computed by taking an equal-weighted average of each of them.
A reading of 50 is deemed NEUTRAL.
Above 50 signals the market with RISK-ON. (GREED)
Below 50, Signals the market with RISK-OFF (FEAR)
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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.