OPEN-SOURCE SCRIPT

Fear And Greed Indicator

Updated
The Fear And Greed Indicator is a very popular indicator on the Bloomberg platform and since I didn't have actual source code to work with, this is a very close approximation of that indicator. Let me know if you spot any discrepancies with the original and I will do my best to fix them.

For buy and sell signals it is pretty straightforward. Just buy when the green (greed) is in control and sell when the fear (red) is in control

This was a special request so let me know if you want to see more scripts from me or if you want something custom!
Release Notes
updated to make it consistent with my other indicators
Release Notes
fixed an error with the inputs
Release Notes
fixed issue with default resolution
ATRAverage True Range (ATR)Centered Oscillatorsfearfearandgreedfear-indicatorfearindicatorgreedhistogramMoving Average Convergence / Divergence (MACD)truerange

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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