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INVITE-ONLY SCRIPT

Market Risk ON/OFF

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Market Risk ON/OFF is a indicator designed to show you when it may be a good time to add hedges and/or reduce long exposure to the US stock market. It can be used to make forecasts on the overall market, when a crash or bear market may be about to occur and when a bull market is still strong. When the indicator is applied to a chart, entire time periods will be shaded either Green (Risk-ON Mode) or shaded Red (Risk-OFF Mode). It can be applied to any chart, however it's best applied to a chart of the S&P 500 Index or the ETF SPY on the daily timeframe.

It's calculation is based on 3 things; price action of the S&P 500 Index ETF SPY, overall market breadth (that is advancing stocks versus declining stocks) and CBOE Volatility (VIX) Futures term structure. By default 2 out of these 3 signals must be in confluence for a regime change from Risk-On to Risk-Off mode, however this setting can be changed to either 1, 2 or 3 signals required for a regime change.

You can see in the chart above an example of how this indicator would have alerted users on the 25th February 2020 of a change to Risk-Off mode and allowed you to prepare for a possible market crash which happened (the Covid bear market) and when things settled down it switched back to Risk-On mode on the 24th of April 2020 letting you know it was safer to position your portfolio for a bull market again.

Here's another example from the 2008 Global Financial Crisis (GFC) market crash of the Market Risk ON/OFF indicator alerting you to a possible crash.

snapshot

To get access PM or email me to my address shown below.

Enjoy :)


Disclaimer: All my scripts and content are for educational purposes only. I'm not a financial advisor and do not give personal finance advice. Past performance is no guarantee of future performance. Please trade at your own risk.

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Click-Capital directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Contact me using TradingView private chat or email me at scale@greenstonedigital.com to request access to my invite-only scripts.
Warning: please read our guide for invite-only scripts before requesting access.
Click-Capital
bearmarketsignalBreadth IndicatorsmarketcrashregimeriskonriskoffTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
bearmarketsignalBreadth IndicatorsmarketcrashregimeriskonriskoffTrend Analysis

Invite-only script

Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact Click-Capital directly.

TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.

Author's instructions

Contact me using TradingView private chat or email me at scale@greenstonedigital.com to request access to my invite-only scripts.
Warning: please read our guide for invite-only scripts before requesting access.
Click-Capital

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.