This script aggregates and analyses total USD market liquidity in trillions of dollars - albeit with lagged, weekly data (live data is not available in TradingView!)
There's a positive correlation with the total liquidity available in the world's largest economy and risk assets like BITSTAMP:BTCUSD
The formula for net liquidity is as follows and uses account balances at the Fed and of the Treasury's General Account:
This script shows positive prints when liquidity is above it's 7 day EMA and negative when below... don't use this on timeframes lower than the 1D chart!
thanks, do you mean the FED "United States Central Balance Sheet" ECONOMICS:USCBBS or all US Banks balance sheet for the tigger you used ECONOMICS:USBBS I do see the loggic in using the balance sheet of all banks in the US. But because you used the words "FED" in your description
sidiqbenur
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I really like, this is powerful indicator. especially for gold. Thank you very much.
Sawhneyboy
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Thank you so much
davidianbennett
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Thank youuuuu mate 👍
BTCElectrician
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Thanks homie!
SunnyMD
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Thank you Ted for your continued generosity and support for the trading community. 🙏 very grateful for your time and efforts. Love the new indicator!
do you mean the FED "United States Central Balance Sheet" ECONOMICS:USCBBS
or all US Banks balance sheet for the tigger you used ECONOMICS:USBBS
I do see the loggic in using the balance sheet of all banks in the US.
But because you used the words "FED" in your description