PROTECTED SOURCE SCRIPT
Economic Cycle Score
Calculation
-Combine Business Cycle with Liquidity Cycle by applying Z-Score
-Rescale Z-Score to 0-100
-Smooth it with ema
-0-15 is oversold
-85-100 is overbought
Use Case
-Identify when risk asset (Bitcoin) is overbought/oversold
-Use this indicator together with other confluences
***USE ON MONTHLY CHART ONLY (due to the economic date release frequency)
-Combine Business Cycle with Liquidity Cycle by applying Z-Score
-Rescale Z-Score to 0-100
-Smooth it with ema
-0-15 is oversold
-85-100 is overbought
Use Case
-Identify when risk asset (Bitcoin) is overbought/oversold
-Use this indicator together with other confluences
***USE ON MONTHLY CHART ONLY (due to the economic date release frequency)
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.
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.