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.
受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
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受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用，没有任何限制 — 了解更多信息这里。
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。