OPEN-SOURCE SCRIPT
Institutional Valuation PRO
Institutional Relative Valuation Indicator
This indicator is designed to measure whether an asset is relatively overvalued or undervalued compared to a benchmark market.
For Forex markets, the indicator compares the selected currency pair against the US Dollar Index (DXY).
For Metals, the indicator compares the selected metal against Gold Futures (GC1!).
The model is based on:
* Relative price strength
* Statistical deviation
* Mean reversion principles
* Institutional relative valuation concepts
How it works:
1. The indicator calculates the relationship between the asset and its benchmark.
2. It measures the historical average behavior over a selected lookback period.
3. It then calculates how far the current price relationship deviates from its normal range.
The result is a valuation score that helps identify:
* Overvalued conditions
* Undervalued conditions
* Fair value areas
* Extreme market extensions
Key Features:
* USD-based valuation model for FX
* Gold-based valuation model for Metals
* Smooth institutional-style valuation curves
* Professional premium/discount zones
* Overvaluation and undervaluation levels
* Optional benchmark visibility controls
* Mean reversion focused framework
This indicator is not designed as a traditional momentum tool like RSI or MACD. Instead, it focuses on relative market valuation and statistical market positioning, similar to concepts used in institutional macro and relative-value trading.
This indicator is designed to measure whether an asset is relatively overvalued or undervalued compared to a benchmark market.
For Forex markets, the indicator compares the selected currency pair against the US Dollar Index (DXY).
For Metals, the indicator compares the selected metal against Gold Futures (GC1!).
The model is based on:
* Relative price strength
* Statistical deviation
* Mean reversion principles
* Institutional relative valuation concepts
How it works:
1. The indicator calculates the relationship between the asset and its benchmark.
2. It measures the historical average behavior over a selected lookback period.
3. It then calculates how far the current price relationship deviates from its normal range.
The result is a valuation score that helps identify:
* Overvalued conditions
* Undervalued conditions
* Fair value areas
* Extreme market extensions
Key Features:
* USD-based valuation model for FX
* Gold-based valuation model for Metals
* Smooth institutional-style valuation curves
* Professional premium/discount zones
* Overvaluation and undervaluation levels
* Optional benchmark visibility controls
* Mean reversion focused framework
This indicator is not designed as a traditional momentum tool like RSI or MACD. Instead, it focuses on relative market valuation and statistical market positioning, similar to concepts used in institutional macro and relative-value trading.
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開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。