OPEN-SOURCE SCRIPT
Ark FCI Oscillator
Financial Conditions Index Oscillator
This indicator tracks week-over-week changes in the National Financial Conditions Index (NFCI), providing a dynamic view of evolving financial conditions in the United States.
Overview
The National Financial Conditions Index (NFCI) is a comprehensive weekly composite index published by the Federal Reserve Bank of Chicago. It measures financial conditions across U.S. money markets, debt and equity markets, and the traditional and shadow banking systems.
Interpretation
Positive values indicate improving financial conditions
Negative values signal deteriorating financial conditions
Risk assets demonstrate particular sensitivity to changes in financial conditions, making this oscillator valuable for market timing and risk assessment.
Alternative Data Source
Users can modify the source to FRED:NFCIRISK to focus specifically on risk dynamics. The NFCIRISK subindex isolates volatility and funding risk measures within the financial sector, capturing market volatility indicators and liquidity shortage probabilities while excluding broader credit and leverage conditions.
This indicator tracks week-over-week changes in the National Financial Conditions Index (NFCI), providing a dynamic view of evolving financial conditions in the United States.
Overview
The National Financial Conditions Index (NFCI) is a comprehensive weekly composite index published by the Federal Reserve Bank of Chicago. It measures financial conditions across U.S. money markets, debt and equity markets, and the traditional and shadow banking systems.
Interpretation
Positive values indicate improving financial conditions
Negative values signal deteriorating financial conditions
Risk assets demonstrate particular sensitivity to changes in financial conditions, making this oscillator valuable for market timing and risk assessment.
Alternative Data Source
Users can modify the source to FRED:NFCIRISK to focus specifically on risk dynamics. The NFCIRISK subindex isolates volatility and funding risk measures within the financial sector, capturing market volatility indicators and liquidity shortage probabilities while excluding broader credit and leverage conditions.
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开源脚本
本着TradingView的真正精神，此脚本的创建者将其开源，以便交易者可以查看和验证其功能。向作者致敬！虽然您可以免费使用它，但请记住，重新发布代码必须遵守我们的网站规则。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。