OPEN-SOURCE SCRIPT

Abz Bond returns

Draft release: This indicator shows the US 10year bond returns.

I was inspired by this Twitter thread: twitter.com/GameofTrades_/status/1472616620690485251
If you compare the price action of Bitcoin against bond returns over the last year, there's an extraordinary degree of correlation. This may give insights into what's coming next for BTC, but at some point the relationship will inevitably break down. In the meantime, there's much to gain.

DYOR.

Feedback welcome though it may take a while for me to respond.
bondsTrend Analysis

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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Absorbing info with every cycle
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