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Macro Dashboard V5

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Macro Dashboard V5 is a macro sentiment indicator for TradingView that combines multiple markets into one dashboard.

It analyzes relationships between:

Bitcoin

U.S. Dollar Index (DXY)

S&P 500 (SPX)

CBOE Volatility Index (VIX)

The panel displays trend, Daily/Weekly bias, liquidity sweeps, correlations, and calculates a Confluence Score (0-100) to identify high-probability trading setups.

When strong market alignment occurs, the indicator triggers a High Probability Setup alert.

Macro Dashboard V5 is a macro analysis panel that combines multiple markets to determine risk sentiment and trading bias.

The indicator analyzes the relationship between:

Bitcoin

U.S. Dollar Index (DXY)

S&P 500 (SPX)

CBOE Volatility Index (VIX)

It generates a Confluence Score (0-100) to identify high probability setups.

Dashboard Components
Trend

Trend is determined using EMA crossover:

EMA 20

EMA 50

Interpretation:

Status Meaning
Bull bullish trend
Bear bearish trend
Daily

Shows if price is:

Above Daily Open → bullish bias

Below Daily Open → bearish bias

This is one of the most important intraday levels.

Weekly

Displays the relation to the Weekly Open.

Useful for mid-term market bias.

Liquidity

Detects liquidity sweeps:

High Sweep – break of Previous Day High

Low Sweep – break of Previous Day Low

Often followed by strong reversals or expansions.

Correlation

Displays BTC correlation with:

Asset Interpretation
DXY usually inverse
SPX usually positive
VIX inverse correlation
Risk Engine

Defines the market regime:

Regime Conditions
Risk ON SPX up, DXY down, VIX down
Risk OFF SPX down, DXY up, VIX up

Interpretation:

Risk ON → look for longs
Risk OFF → look for shorts

Confluence Score

Score is calculated using multiple conditions:

Condition Points
BTC above Daily Open +20
BTC above Weekly Open +20
SPX bullish +20
DXY bearish +20
VIX bearish +20
Score Interpretation
Score Meaning
80-100 High probability setup
60-80 Bullish bias
40-60 Neutral
0-40 Bearish bias
Alerts

The indicator triggers an alert:

High Probability Setup

when:

Score ≥ 80

This indicates strong market alignment.

Feragatname

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