OPEN-SOURCE SCRIPT
Updated Rate Of Global

Rate of Change of Global Net Liquidity of Rate of Global
In this indicator was used Rate of Change with smoothed source of Global Net Liquidity.
Smooth function use HMA
Plotting Global Net Liquidity:
https://www.tradingview.com/x/5ckslir1/
Smooth function uses HMA:
https://www.tradingview.com/x/WZTq2MPR/
Risk-on plotting (when ROG above zero bars are green otherwise gray)
https://www.tradingview.com/x/OrOV50aa/
In this indicator was used Rate of Change with smoothed source of Global Net Liquidity.
Smooth function use HMA
Plotting Global Net Liquidity:
https://www.tradingview.com/x/5ckslir1/
Smooth function uses HMA:
https://www.tradingview.com/x/WZTq2MPR/
Risk-on plotting (when ROG above zero bars are green otherwise gray)
https://www.tradingview.com/x/OrOV50aa/
Release Notes
-Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
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.