The SPX Fair Value Bands is based on the Net Liquidity formula from Max Anderson. When the price of the SPX (S&P 500) is outside of the upper band, it …
Category: ThinkorSwim Indicators
Fed Net Liquidity Indicator for ThinkorSwim
The Fed Net Liquidity indicator is a concept discovered by Max Anderson to calculate the fair value of SPX (S&P 500 Index). The formula he shared on Twitter consists of …
How To Highlight Recessions on ThinkorSwim Chart
This indicator automatically highlights periods of U.S recession on your ThinkorSwim chart. The data comes from the FRED’s USRECD time series. A value of 1 denotes a recessionary phase on …
New 52-Week Highs and Lows Indicator for ThinkorSwim
The New 52-Week Highs and Lows indicator for ThinkorSwim measures the number of stocks hitting new highs or lows on a specified index. It includes data from popular indices like …
Yield Curve Recession Indicator for ThinkorSwim
It can be difficult to predict when a recession will occur. A probable economic slowdown can be detected by closely monitoring the stock market, unemployment rate, and consumer confidence. Bond …
Fed Funds Rate Indicator for ThinkorSwim
This indicator for ThinkorSwim plots the Effective Federal Funds Rate as a study on the lower subgraph chart. The Federal Reserve uses the EFFR as a primary tool for implementing …