PROTECTED SOURCE SCRIPT
Macro Valuation Oscillator (MVO)
Here’s a professional English description (≈950 characters) you can use:
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**Macro Valuation Oscillator (MVO)** is a macro-relative-strength indicator designed to compare the current valuation of any asset against key benchmarks — **GOLD**, **USD**, and **BOND**. It helps investors visualize when an asset is relatively undervalued or overvalued within a macro context.
When the MVO line versus GOLD (yellow) moves below the neutral zone (0), it signals that the asset is *undervalued* compared to gold, suggesting a potential **buy opportunity**. Conversely, when it rises above +80, the asset may be *overvalued* and due for correction. The same interpretation applies to USD (blue) and BOND (purple) comparisons.
The indicator provides quick insight into macro-rotation trends, showing which assets are **overperforming** (green) or **underperforming** (red) in real time. It is especially effective on **daily charts**, giving traders and investors a clear framework to assess long-term relative value and position timing across global markets.
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**Macro Valuation Oscillator (MVO)** is a macro-relative-strength indicator designed to compare the current valuation of any asset against key benchmarks — **GOLD**, **USD**, and **BOND**. It helps investors visualize when an asset is relatively undervalued or overvalued within a macro context.
When the MVO line versus GOLD (yellow) moves below the neutral zone (0), it signals that the asset is *undervalued* compared to gold, suggesting a potential **buy opportunity**. Conversely, when it rises above +80, the asset may be *overvalued* and due for correction. The same interpretation applies to USD (blue) and BOND (purple) comparisons.
The indicator provides quick insight into macro-rotation trends, showing which assets are **overperforming** (green) or **underperforming** (red) in real time. It is especially effective on **daily charts**, giving traders and investors a clear framework to assess long-term relative value and position timing across global markets.
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Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.