OPEN-SOURCE SCRIPT
Buffett Indicator: Wilshire 5000 to GDP Ratio [WhaleCrew]
Updated
Our Implementation of the famous Buffett Indicator a long-term valuation indicator for stocks.
Calculation: Wilshire 5000 Index divided by US GDP (Gross Domestic Product)
Calculation: Wilshire 5000 Index divided by US GDP (Gross Domestic Product)
Release Notes
Changed titleRelease Notes
Fixed calculation (TradingView made changes to the FRED:GDP symbol)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 publication is governed by House rules. You can favorite it to use it on a chart.
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