This indicator is designed to replace the US Recessions indicator. Unfortunately, the original indicator is now broken, and the author is not responding: www.tradingview.com . There are other similar indicators, but they are not based on live data and either show non-officially recognized recessions or fail to display all officially recognized recessions. This...
Shades your chart background to flag events such as crises or recessions, in similar fashion to what you see on FRED charts. The advantage of this indicator over others is that you can quickly input custom event dates as text in the menu to analyse their impact for your specific symbol. The script automatically labels, calculates and displays the peak to...
This simple indicator prints a red band when US markets experience a recession. This data is taken directly from the Federal Reserve via TradingView. This script is a good pair with my Treasury Yield Spread 10y-2y indicator.
Credit to Sinuhet for creating the primary script. My change just gets rid of the bug that had erred in indicating another recession in 2015/2016.