PROTECTED SOURCE SCRIPT
Updated GOLD Reversal[MIT]
Gold Reversal[MIT]
Overview
This indicator monitors the relative strength of Gold (GLD) against the S&P 500 (SPX) in real time, highlighting extreme deviations in their performance. Ideal for cross-asset allocation, relative value trading, safe-haven rotation, and macro hedging strategies.
Key Features
Clear visualization of gold’s relative performance vs equities (in percentage terms).
Dynamic volatility bands: ±1σ, ±2σ, ±3σ zones centered around long-term equilibrium.
Visual emphasis:
Orange main line: Real-time relative strength path.
Gradient fills: Purple/blue for extreme gold outperformance, blue/purple for underperformance.
Red fill above -2σ (overvaluation caution zone).
Green fill below -3σ (extreme undervaluation opportunity zone).
Usage Guidelines
Recommended Timeframe: Daily (D) for medium-to-long-term relative analysis.
Interpretation
Strength above +3σ: Gold significantly outperforming equities — rare historical peak, often precedes correction
Strength below -3σ: Gold severely lagging — potential relative value entry
Downward crossover from high bands (e.g., +3σ to +2σ): Momentum fade, higher mean-reversion probability — suitable for hedging setups.
黄金翻转指标[MIT]
指标概述
本指标实时监控黄金（GLD）相对于标普500指数（SPX）的相对表现强度，突出两者在市场中的极端偏离状态。
主要功能
直观显示黄金相对标普500的强度走势
动态波动带：标注±1σ、±2σ、±3σ区域，以长期均衡水平为中心。
视觉高亮：
橙色主线：相对强度实时轨迹。
颜色渐变填充：紫/蓝渐变用于黄金极端强势区，蓝色/紫色用于弱势区。
-2σ上方红色填充（高估警示区）。
-3σ下方绿色填充（低估机会区）。
使用建议
推荐周期：日线（D），适用于中长期相对价值分析。
解读要点：
强度进入+3σ以上：黄金大幅跑赢股市，历史罕见高位，常预示回调风险
强度跌至-3σ以下：黄金严重落后，相对低估
从高位回落（如穿越+2σ向下）：相对强势减弱，均值回归概率上升，适合对冲布局
Overview
This indicator monitors the relative strength of Gold (GLD) against the S&P 500 (SPX) in real time, highlighting extreme deviations in their performance. Ideal for cross-asset allocation, relative value trading, safe-haven rotation, and macro hedging strategies.
Key Features
Clear visualization of gold’s relative performance vs equities (in percentage terms).
Dynamic volatility bands: ±1σ, ±2σ, ±3σ zones centered around long-term equilibrium.
Visual emphasis:
Orange main line: Real-time relative strength path.
Gradient fills: Purple/blue for extreme gold outperformance, blue/purple for underperformance.
Red fill above -2σ (overvaluation caution zone).
Green fill below -3σ (extreme undervaluation opportunity zone).
Usage Guidelines
Recommended Timeframe: Daily (D) for medium-to-long-term relative analysis.
Interpretation
Strength above +3σ: Gold significantly outperforming equities — rare historical peak, often precedes correction
Strength below -3σ: Gold severely lagging — potential relative value entry
Downward crossover from high bands (e.g., +3σ to +2σ): Momentum fade, higher mean-reversion probability — suitable for hedging setups.
黄金翻转指标[MIT]
指标概述
本指标实时监控黄金（GLD）相对于标普500指数（SPX）的相对表现强度，突出两者在市场中的极端偏离状态。
主要功能
直观显示黄金相对标普500的强度走势
动态波动带：标注±1σ、±2σ、±3σ区域，以长期均衡水平为中心。
视觉高亮：
橙色主线：相对强度实时轨迹。
颜色渐变填充：紫/蓝渐变用于黄金极端强势区，蓝色/紫色用于弱势区。
-2σ上方红色填充（高估警示区）。
-3σ下方绿色填充（低估机会区）。
使用建议
推荐周期：日线（D），适用于中长期相对价值分析。
解读要点：
强度进入+3σ以上：黄金大幅跑赢股市，历史罕见高位，常预示回调风险
强度跌至-3σ以下：黄金严重落后，相对低估
从高位回落（如穿越+2σ向下）：相对强势减弱，均值回归概率上升，适合对冲布局
Release Notes
Gold Reversal[MIT]Overview
This indicator monitors the relative strength of Gold (GLD) against the S&P 500 (SPX) in real time, highlighting extreme deviations in their performance. Ideal for cross-asset allocation, relative value trading, safe-haven rotation, and macro hedging strategies.
Key Features
Clear visualization of gold’s relative performance vs equities (in percentage terms).
Dynamic volatility bands: ±1σ, ±2σ, ±3σ zones centered around long-term equilibrium.
Visual emphasis:
Orange main line: Real-time relative strength path.
Gradient fills: Purple/blue for extreme gold outperformance, blue/purple for underperformance.
Red fill above -2σ (overvaluation caution zone).
Green fill below -3σ (extreme undervaluation opportunity zone).
Usage Guidelines
Recommended Timeframe: Daily (D) for medium-to-long-term relative analysis.
Interpretation
Strength above +3σ: Gold significantly outperforming equities — rare historical peak, often precedes correction
Strength below -3σ: Gold severely lagging — potential relative value entry
Downward crossover from high bands (e.g., +3σ to +2σ): Momentum fade, higher mean-reversion probability — suitable for hedging setups.
黄金翻转指标[MIT]
指标概述
本指标实时监控黄金（GLD）相对于标普500指数（SPX）的相对表现强度，突出两者在市场中的极端偏离状态。
主要功能
直观显示黄金相对标普500的强度走势
动态波动带：标注±1σ、±2σ、±3σ区域，以长期均衡水平为中心。
视觉高亮：
橙色主线：相对强度实时轨迹。
颜色渐变填充：紫/蓝渐变用于黄金极端强势区，蓝色/紫色用于弱势区。
-2σ上方红色填充（高估警示区）。
-3σ下方绿色填充（低估机会区）。
使用建议
推荐周期：日线（D），适用于中长期相对价值分析。
解读要点：
强度进入+3σ以上：黄金大幅跑赢股市，历史罕见高位，常预示回调风险
强度跌至-3σ以下：黄金严重落后，相对低估
从高位回落（如穿越+2σ向下）：相对强势减弱，均值回归概率上升，适合对冲布局
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.