PROTECTED SOURCE SCRIPT
Value Zones Indicator.
Value Zones Indicator blends RSI-based momentum exhaustion, distance from the 200-day moving average, and position within a 2-year moving-average valuation band to quantify multi-horizon market stretch.
These components are normalized, averaged, inverted, and smoothed to form a regime-level “temperature” that distinguishes depressed, mean-reversion-favorable conditions from extended, higher-risk environments, with shaded zones highlighting historical extremes for macro risk-on / risk-off timing.
Works best on 1D TOTAL:INDEX, But not limited to does work across multiple assests, Just remember the lower down the MC ladder the less signal you will receive.
As always no one indicator is perfect, So best stacked with others to produce most alpha.
As always enjoy!!
These components are normalized, averaged, inverted, and smoothed to form a regime-level “temperature” that distinguishes depressed, mean-reversion-favorable conditions from extended, higher-risk environments, with shaded zones highlighting historical extremes for macro risk-on / risk-off timing.
Works best on 1D TOTAL:INDEX, But not limited to does work across multiple assests, Just remember the lower down the MC ladder the less signal you will receive.
As always no one indicator is perfect, So best stacked with others to produce most alpha.
As always enjoy!!
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。
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。