This indicator allows traders to adjust historical prices for inflation using customizable CPI data. The script computes the adjusted price by selecting a reference date, the original price, and the CPI source (US CPI or custom input) and plots it as a line on the chart. Additionally, a table summarizes the adjusted price values and average and total inflation...
US Market Real Value Adjusted for CPI and Dollar Index Provides quick access to this formula: (SP:SPX+NASDAQ_DLY:IXIC+TVC:DJI+CAPITALCOM:RTY)/4/(ECONOMICS:USCPI*TVC:DXY*100) Overview: This indicator provides a dynamic view of the US stock market's real value, adjusted for inflation and currency strength. It combines major stock indices including the S&P 500,...
Definition This indicator was designed to reveal the relationship between the price of the product and its market value. The red average marketcap line that appears on the chart is the line. And the further up this line moves from the chart, the more it shows that there is a mismatch between the price and the market value. So what does this incompatibility mean?...
Are high retail sales increases really positive if the inflation rate is higher? This year over year indicator of retail sales versus inflation levels can be placed in concert with any security to determine how symbols trade when inflation or retail sales are higher. A green histogram is when retail sales are higher than the inflation rate on a year over year...
Code Explanation User Inputs: len: Defines the period over which CPI changes are calculated, with selectable options of 12, 6, and 3 months. CP1 and CP2: These are the economic zones whose CPI data are being compared. The options include CPI from various regions like the EU, USA, UK, etc. Calculating and Comparing Changes: Calculates the annual...
🟧 GENERAL The script works on the Monthly Timeframe and has 2 main settings (explained in FEATURES ). It uses the US CPI data, reported by the Bureau of Labour Statistics. 🔹Functionality 1: The main idea is to plot the distance between the CPI line and the 5 year moving average of the CPI line. This technique in mathematics is called "deviation from the moving...
Introducing "US CPI" Indicator The "US CPI" indicator, based on the Consumer Price Index (CPI) of the United States, is a valuable tool for analyzing inflation trends in the U.S. economy. This indicator is derived from official data provided by the U.S. Bureau of Labor Statistics (BLS) and is widely recognized as a key measure of inflationary pressures. What is...
Heyo fellas, In today’s dynamic economic landscape, understanding the relationship of market prices to other economical factors like inflation rate is crucial. The Inflation Correlation Indicator is designed to provide traders with a clear visualization of this relationship. By correlating average inflation rates from selected countries with market closing...
What we're looking at here is a chart that does more than just display the price of gold. It offers us a time-traveling perspective on value. The blue line, that's our nominal price—it's the straightforward market price of gold over time. But it's the red line that takes us on a deeper journey. This line adjusts the nominal price for inflation, showing us the real...
Good day, everyone! Today, we're going to look at a chart that's a bit different from the usual price charts we analyse. This isn't just any chart; it's a lens into the past, adjusted for the reality of inflation—a concept we often hear about but seldom see directly applied to our trading charts. What we have here is an 'Inflation Adjusted Price' indicator on...
Hello, today I'm going to show you something that shifts our perspective on Bitcoin's value, not just in nominal terms, but adjusted for the real buying power over the years. This Pine Script TAS developed for TradingView does exactly that by taking into account inflation rates from 2009 to the present. As you know, inflation erodes the purchasing power of money....
Equity growth may appear less significant when juxtaposed with the expansion of the money supply. This is because markets tend to adjust prices to reflect changes in money supply almost immediately. Our indicator offers a unique perspective by adjusting the current ticker price for the M2 money supply and normalizing this data to show the percentage appreciation...
This script provides a great view of Year-over-Year (YoY) inflation rates for key countries. The inflation data used per default are TradingView Tickers, but you can change them to anything you want from the settings. There is no calculation in this script, all it does is providing a overview of inflation rates in a single indicator. Inflation data for the...
The Market Health Monitor is a comprehensive tool designed to assess and visualize the economic health of a market, providing traders with vital insights into both current and future market conditions. This script integrates a range of critical economic indicators, including unemployment rates, inflation, Federal Reserve funds rates, consumer confidence, and...
▋ INTRODUCTION : The “Treasury Yields Heatmap” generates a dynamic heat map table, showing treasury yield bond values corresponding with dates. In the last column, it presents the status of the yield curve, discerning whether it’s in a normal, flat, or inverted configuration, which determined by using Pearson's linear regression coefficient. This tool is built to...
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...
Intended for use with CPI symbols like: CPIAUCNS (all items) CPILFENS (core) Shows the CPI values from a year ago, next to the current values. This makes it easier to visualize the base effects . Has a ' max inflation rate ' parameter. This is shown as a red line. So for example, if it's set to 3, then CPI must stay below the red line in in order for the...
The Rule Of 20 is a heuristic calculation to find the fair value of an asset or market given its earnings and current inflation. Its calculation is straightforward: the fair multiple of the price or price-to-earnings ratio of a stock should be 20 minus the rate of inflation. In math terms: fair_price-to-earnings_ratio = (20 - inflation) ; fair_value =...