PROTECTED SOURCE SCRIPT
Liquidity ROC Z-Score (Composite) — kWhDealer_
Developed by kWhDealer_, this indicator tracks the rate-of-change and standard-deviation momentum of U.S. system liquidity by combining key Federal Reserve and Treasury data:
Composite Liquidity
=
WALCL
−
WTREGEN
−
RRPONTSYD
+
MTSDS133FMS
Composite Liquidity=WALCL−WTREGEN−RRPONTSYD+MTSDS133FMS
It measures the flow of liquidity available to markets—integrating monetary policy (Fed balance sheet, reverse repo, TGA) with fiscal policy (Treasury deficit spending).
The script converts this composite into a Rate-of-Change (ROC) oscillator and expresses it as a Z-Score, with ±1 σ / ±2 σ bands to highlight over- and under-injection regimes.
Z > +1 σ → expanding liquidity → risk-on bias
Z < –1 σ → contracting liquidity → risk-off bias
Crosses of 0 often precede equity index inflections by ~1–2 months
This oscillator serves as a leading macro gauge for shifts in liquidity-driven risk appetite across equities, credit, and crypto.
Composite Liquidity
=
WALCL
−
WTREGEN
−
RRPONTSYD
+
MTSDS133FMS
Composite Liquidity=WALCL−WTREGEN−RRPONTSYD+MTSDS133FMS
It measures the flow of liquidity available to markets—integrating monetary policy (Fed balance sheet, reverse repo, TGA) with fiscal policy (Treasury deficit spending).
The script converts this composite into a Rate-of-Change (ROC) oscillator and expresses it as a Z-Score, with ±1 σ / ±2 σ bands to highlight over- and under-injection regimes.
Z > +1 σ → expanding liquidity → risk-on bias
Z < –1 σ → contracting liquidity → risk-off bias
Crosses of 0 often precede equity index inflections by ~1–2 months
This oscillator serves as a leading macro gauge for shifts in liquidity-driven risk appetite across equities, credit, and crypto.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Skrip terproteksi
Skrip ini diterbitkan sebagai sumber tertutup. Namun, anda dapat menggunakannya secara bebas dan tanpa batasan apa pun – pelajari lebih lanjut di sini.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.