OPEN-SOURCE SCRIPT
BLITZ JUNK BOND INDICATOR

The given indicator considers the fluctuations in the bond market and the spread that are existing as a premium demanded by investors for high risk corporate junk bonds.
1. The junk bond spread indicator precisely anticipates market phases, especially any panic kind of scenario.
2. Junk bond spread indicator often face choppy market zone and entirely we must rely on our portfolio churning skills if such scenario occurs and the broader markets failed to perform even if the indicator has made us to make a buy position
3. Whenever Bullish signal comes, same is to be confirmed with the price action of the broader market index, then same to be confirmed in the junk bond spreads chart if the spreads are going down steadily or is breaking down from the nearest swing low and cooling off. This, scenario indicates we must expose our portfolio to equities
4. Whenever Bearish signal comes, same to be cofirmed with the price action of the broader market index, then same to be confirmed in the junk bond spread charts if the spreads are heating up breaking nearby swing highs or steadily moving up. In such scenario, we must prepare for heavy market drawdowns or must anticipate some panic scenario in the markets and thus should avoid equities.
1. The junk bond spread indicator precisely anticipates market phases, especially any panic kind of scenario.
2. Junk bond spread indicator often face choppy market zone and entirely we must rely on our portfolio churning skills if such scenario occurs and the broader markets failed to perform even if the indicator has made us to make a buy position
3. Whenever Bullish signal comes, same is to be confirmed with the price action of the broader market index, then same to be confirmed in the junk bond spreads chart if the spreads are going down steadily or is breaking down from the nearest swing low and cooling off. This, scenario indicates we must expose our portfolio to equities
4. Whenever Bearish signal comes, same to be cofirmed with the price action of the broader market index, then same to be confirmed in the junk bond spread charts if the spreads are heating up breaking nearby swing highs or steadily moving up. In such scenario, we must prepare for heavy market drawdowns or must anticipate some panic scenario in the markets and thus should avoid equities.
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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。