Misery index strategy

Hi all,

It's bear market so let's have a look at the misery index.
Misery index = inflation(%) + unemployment (%)

It's only possible to use this chart on the monthly (as misery index is updated monthly), but just for fun I added a strategy to it. If misery index increases you short and you go long when MI decreases.

p.s. the band is pretty cool too

We create next generation strategies that help traders become more profitable
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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.

Want to use this script on a chart?