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Retail Sales v Inflation YoY

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Are high retail sales increases really positive if the inflation rate is higher?

This year over year indicator of retail sales versus inflation levels can be placed in concert with any security to determine how symbols trade when inflation or retail sales are higher. A green histogram is when retail sales are higher than the inflation rate on a year over year basis. Red indicates inflation is higher rate.

The indicator can work with any symbols to see divergences. Feel free to change the positive and negative symbols to run other comparisons.
版本注释
The user can adjust the timeframes if using this to compare non-monthly symbols. The default if comparing Retail Sales and Inflation should remain on a monthly timeframe but other granular comparisons can occur with any other symbols on timeframes of your choice.
compare_stockscompare_symbolsCyclesinflationretailsalesstocksignaleryearoveryearyoy

开源脚本

本着真正的TradingView精神,此脚本的作者已将其开源,以便交易者可以理解和验证它。向作者致敬!您可以免费使用它,但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。

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All forecasts are based on analysis of past behavior. Prior movements are not always indicative of future movement. Develop the theory, test the theory. Do your own research. Nothing in this analysis constitutes advice. YouTube For More. Good luck!!
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