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OPEN-SOURCE SCRIPT

SPX Fair Value Bands

By dharmatech
Updated
These are based on Darius Dale and Max Anderson's Net Liquidity model.

This is intended for use with the SPX chart.
Release Notes
Changed line colors.
Release Notes
Add inputs for line colors
Release Notes
It appears that the units for some of the inputs to the script (WALCL, WTREGEN, RRPONTSYD) have changed on TradingView. I've updated the formulas to accommodate the new units.
Release Notes
Add Fair Value

Remove inputs for colors
Bands and ChannelsfedbalencesheetreverserepoSPX (S&P 500 Index)

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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dharmatech
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