OPEN-SOURCE SCRIPT
SentinelIndex
Overview
The Sentinelindex is a comprehensive risk-assessment tool designed to expose the divergence between market price action and underlying macroeconomic reality. While the S&P 500 might print new highs, the Sentinelindex looks beneath the surface to see if the move is backed by liquidity, economic stability, and institutional conviction.
This indicator aggregates three non-correlated pillars of market health into a single, easy-to-read 0-100 normalized score.
The Three Pillars of the Sentinel Score
Liquidity (M2 Money Supply YoY): Markets run on fuel, and that fuel is money. By tracking the Year-over-Year change in the M2 Money Supply (via FRED data), the indicator penalizes the score when liquidity is contracting or stagnating, signaling a "dry" environment where rallies are harder to sustain.
Economic Clock (Yield Curve 10Y-2Y): The 10Y-2Y spread is the most reliable recession predictor in history. However, the real danger isn't just inversion—it's de-inversion. This script specifically monitors the critical phase where the curve returns to positive territory (0 to 1.0), a zone historically associated with market pivots and economic shifts.
The Shadow (Insider Sell/Buy Ratio): The ultimate "Smart Money" signal. This component tracks the behavior of corporate insiders (CEOs, CFOs). When those with the most information are selling into a rally at a high ratio, the Sentinel Score spikes, revealing a "Distribution Phase" that retail traders often miss.
How to Interpret the Score
0 - 40 (Green): Healthy Accumulation. High liquidity, stable macro, and calm insiders. The trend is likely supported by fundamentals.
40 - 75 (Orange): Tactical Caution. Divergences are forming. Liquidity is tightening or the Yield Curve is shifting. The ice is getting thinner.
75 - 100 (Red): Distribution Alert. Maximum risk. While prices may be high, the "Smart Money Shadow" indicates institutional exiting and macro headwinds. Capital protection becomes the priority.
Instructions for Users
Manual Input: Due to the proprietary nature of aggregate Insider Trading data, the Insider Sell/Buy Ratio must be updated manually once a week (typically every Monday) in the script settings. We recommend using a 1-week aggregate ratio from reliable sources like OpenInsider.
Data Source: This indicator automatically fetches real-time data from the Federal Reserve (FRED). Ensure your TradingView account has access to FRED symbols (default for most users).
Best Timeframes: Daily (D) or Weekly (W) for high-level macro analysis.
The Sentinelindex is a comprehensive risk-assessment tool designed to expose the divergence between market price action and underlying macroeconomic reality. While the S&P 500 might print new highs, the Sentinelindex looks beneath the surface to see if the move is backed by liquidity, economic stability, and institutional conviction.
This indicator aggregates three non-correlated pillars of market health into a single, easy-to-read 0-100 normalized score.
The Three Pillars of the Sentinel Score
Liquidity (M2 Money Supply YoY): Markets run on fuel, and that fuel is money. By tracking the Year-over-Year change in the M2 Money Supply (via FRED data), the indicator penalizes the score when liquidity is contracting or stagnating, signaling a "dry" environment where rallies are harder to sustain.
Economic Clock (Yield Curve 10Y-2Y): The 10Y-2Y spread is the most reliable recession predictor in history. However, the real danger isn't just inversion—it's de-inversion. This script specifically monitors the critical phase where the curve returns to positive territory (0 to 1.0), a zone historically associated with market pivots and economic shifts.
The Shadow (Insider Sell/Buy Ratio): The ultimate "Smart Money" signal. This component tracks the behavior of corporate insiders (CEOs, CFOs). When those with the most information are selling into a rally at a high ratio, the Sentinel Score spikes, revealing a "Distribution Phase" that retail traders often miss.
How to Interpret the Score
0 - 40 (Green): Healthy Accumulation. High liquidity, stable macro, and calm insiders. The trend is likely supported by fundamentals.
40 - 75 (Orange): Tactical Caution. Divergences are forming. Liquidity is tightening or the Yield Curve is shifting. The ice is getting thinner.
75 - 100 (Red): Distribution Alert. Maximum risk. While prices may be high, the "Smart Money Shadow" indicates institutional exiting and macro headwinds. Capital protection becomes the priority.
Instructions for Users
Manual Input: Due to the proprietary nature of aggregate Insider Trading data, the Insider Sell/Buy Ratio must be updated manually once a week (typically every Monday) in the script settings. We recommend using a 1-week aggregate ratio from reliable sources like OpenInsider.
Data Source: This indicator automatically fetches real-time data from the Federal Reserve (FRED). Ensure your TradingView account has access to FRED symbols (default for most users).
Best Timeframes: Daily (D) or Weekly (W) for high-level macro analysis.
开源脚本
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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。
开源脚本
秉承TradingView的精神，该脚本的作者将其开源，以便交易者可以查看和验证其功能。向作者致敬！您可以免费使用该脚本，但请记住，重新发布代码须遵守我们的网站规则。
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。