Live Risk On/Off Sentiment Big Basket

11 apr

🔥 Live Risk On/Off Sentiment Indicator 🔥

This indicator provides a clear and immediate assessment of global market risk sentiment by combining multiple key financial instruments across various asset classes. It helps traders quickly gauge whether the market is currently in a risk-on or risk-off environment.

📈 Included Assets:
- Risk-off indicators:** VIX, Gold, US Dollar Index (DXY), US10Y Treasury Yields, TLT (Treasury Bonds)
- Risk-on indicators:** S&P 500 (SPY), Bitcoin (BTC), High Yield Bonds (HYG), AUD/JPY (Forex), Copper/Gold ratio, and Oil (WTI)

🛠️ How it Works:
The indicator calculates a weighted Z-score for each asset, dynamically capturing its performance relative to recent history. Positive values (green) indicate a risk-on sentiment, while negative values (red) suggest a risk-off sentiment.

🚨 Features:
- Fully customizable asset selection and weighting
- Easy-to-understand visual signals
- Adaptable lookback period for short-term and long-term market analysis

💡 How to Use:
- Identify market phases quickly (bullish or bearish sentiment).
- Enhance your decision-making for entries and exits based on broader market conditions.
- Incorporate into any trading strategy to improve alignment with global risk sentiment.

Harness the power of macro analysis and elevate your trading performance!

Enjoy and trade smart! 📊📈
Riseofatrader

11 apr

Note di rilascio

🔥 CFS - Risk On/Off Sentiment Indicator 🔥

This indicator provides a clear and immediate assessment of global market risk sentiment by combining multiple key financial instruments across various asset classes. It helps traders quickly gauge whether the market is currently in a risk-on or risk-off environment.

📈 Included Assets:

Risk-off indicators: VIX, Gold, US Dollar Index (DXY), US10Y Treasury Yields, TLT (Treasury Bonds)

Risk-on indicators: S&P 500 (SPY), Bitcoin (BTC), High Yield Bonds (HYG), AUD/JPY (Forex), Copper/Gold ratio, and Oil (WTI)

🛠️ How it Works:
The indicator calculates a weighted Z-score for each asset, dynamically capturing its performance relative to recent history. Positive values (green) indicate a risk-on sentiment, while negative values (red) suggest a risk-off sentiment.

📊 NEW: Correlation Badge Feature
See at a glance how strongly your current chart is correlated with the global sentiment score:

≥ +30 % → Strong positive correlation (market aligned with sentiment)

≤ –30 % → Strong negative/inverse correlation (market moves against sentiment)

Between –30 % and +30 % → Neutral correlation (no significant alignment)
A dynamic badge appears at the top right of your screen, color-coded for fast visual interpretation.

🚨 Features:

-Fully customizable asset selection and weighting

-Real-time sentiment analysis based on macro flows

-Adaptive lookback period for both short- and long-term market context

-Visual sentiment plot and chart-synced correlation insights

💡 How to Use:

-Identify market phases quickly (bullish or bearish sentiment)

-Confirm or challenge your current bias using macro-level signals

-Align trades with underlying capital flow behavior

-Integrate into any technical strategy for higher conviction setups

📈 Designed for traders who want to go beyond price and read the real story behind market moves.

Enjoy and trade smart!
— Riseofatrader

11 apr

Note di rilascio

🔥 CFS - Risk On/Off Sentiment Indicator 🔥

This indicator provides a clear and immediate assessment of global market risk sentiment by combining multiple key financial instruments across various asset classes. It helps traders quickly gauge whether the market is currently in a risk-on or risk-off environment.

📈 Included Assets:

- Risk-off indicators: VIX, Gold, US Dollar Index (DXY), US10Y Treasury Yields, TLT (Treasury Bonds)
- Risk-on indicators: S&P 500 (SPY), Bitcoin (BTC), High Yield Bonds (HYG), AUD/JPY (Forex), Copper/Gold ratio, and Oil (WTI)

🛠️ How it Works:
The indicator calculates a weighted Z-score for each asset, dynamically capturing its performance relative to recent history. Positive values (green) indicate a risk-on sentiment, while negative values (red) suggest a risk-off sentiment.

📊 NEW: Correlation Badge & Line Feature
Understand not only the market environment but also how your current chart asset reacts to it.

This feature measures the correlation between the risk sentiment score and the price of the asset you're currently viewing.
It helps answer the question: _"Is my chart moving with or against global market sentiment?"_

- ≥ +30 % → Strong positive correlation: your asset moves in sync with the sentiment (e.g. bullish asset in a risk-on environment)
- ≤ –30 % → Strong inverse correlation: your asset tends to do the opposite (e.g. defensive asset rising in a risk-off environment)
- Between –30 % and +30 % → Neutral: no consistent relationship, movement likely driven by local factors

The correlation is shown visually as:
- A badge at the top right (with dynamic coloring for fast interpretation)
- A blue line in the chart that allows you to track how the relationship changes over time

This makes it easy to assess whether your asset is aligned with macro sentiment — and whether that alignment is strengthening or breaking down.

🚨 Features:

- Fully customizable asset selection and weighting
- Real-time sentiment analysis based on macro flows
- Adaptive lookback period for both short- and long-term market context
- Visual sentiment plot and correlation tracking for every asset

💡 How to Use:

- Identify market phases quickly (bullish or bearish sentiment)
- Confirm or challenge your current bias using macro-level confirmation
- Align trades with underlying capital flow behavior
- Improve the timing and quality of your setups with broader context

📈 Designed for traders who want to go beyond price and understand the deeper flow driving the market.

Enjoy and trade smart!
Riseofatrader