OPEN-SOURCE SCRIPT
QQQ Fair Value Bands
This is similar to the SPX Fair Value Bands indicator, but for QQQ.
It is based on the Net Liquidity model:
Net Liquidity = FED - RRP - TGA
It is based on the Net Liquidity model:
Net Liquidity = FED - RRP - TGA
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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