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Rate Of Global

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Rate of Change of Global Net Liquidity of Rate of Global

In this indicator was used Rate of Change with smoothed source of Global Net Liquidity.
Smooth function use HMA

Plotting Global Net Liquidity:
https://www.tradingview.com/x/5ckslir1/

Smooth function uses HMA:
https://www.tradingview.com/x/WZTq2MPR/

Risk-on plotting (when ROG above zero bars are green otherwise gray)
https://www.tradingview.com/x/OrOV50aa/
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