Dinapoli Thrust Scanner Multi MarketThis is the Multi-Market version of the Dinapoli Thrust Scanner. This indicator is able to scan up to 12 markets in 3 time frames simultaneously.
This tool is an aid to the trader and shouldn't be used in automated trading. As any Dinapoli trader would know, the Thrust pattern recognition requires visual approval from the trader.
The Thrust Scanner can display the following information onscreen:
A Multi-Timeframe Table that colors to indicate Recent/Current Thrusts. Green color signals a potential Up Thrusts, whilst red color signals a potential Down Thrust.
The DMA crosses get signaled with custom colors.
The Thrust Scanner has a Sensitivity Control which allows the trader to customize the accuracy of the scanner:
The stricter the setting, the lesser the number of potential Thrust that qualify, and therefore the more accurate the Thrust detection.
The looser the setting, the more number of potential Thrust being detected, but also the more Look Alikes (LaL) or false positives there will be.
Note: The scanner is resource hungry, and sometimes it might need some seconds to fully display the data.
REPO
Fed Net Liquidity Indicator v2Updated script for jlb05013's original Fed Net Liquidity Indicator. TradingView was bringing in the FRED data in different units than they used to. This code fixes it.
This indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.
Net Liquidity = Fed Balance Sheet - ( TGA + Reverse REPO)
This is an overlay that can be added to stock or other charts (like SPY ) to see how the market may appear correlated to Net Liquidity - injection of liquidity into the markets.
This was hypothesized by Max Anderson, this is just a script realizing that posting.
New updates include a resolution feature, and an option to offset backwards by 2 days per original intent.
RRP DailyA simple script showing US reverse repurchase agreements and Federal Treasury balance values from FRED.
This script should give a neat overview of how little faith there is in the markets from how much cash is parked in ORRPs.
I made this a while ago as a private script so here it is as a public script.
The indicator is locked to the 1 Day resolution.
Fed Net Liquidity IndicatorThis indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.
Net Liquidity = Fed Balance Sheet - ( TGA + Reverse REPO)
This is an overlay that can be added to stock or other charts (like SPY ) to see how the market may appear correlated to Net Liquidity - injection of liquidity into the markets.
This was hypothesized by Max Anderson, this is just a script realizing that posting.
New updates include a resolution feature, and an option to offset backwards by 2 days per original intent.
