Fed Net Liquidity Indicator

2022년 7월 31일

This indicator aims to present a "Net Liquidity" indicator comprised of the Fed Balance sheet , less the TGA account and Overnight Reverse REPO agreements.

Net Liquidity = Fed Balance Sheet - ( TGA + Reverse REPO)

This is an overlay that can be added to stock or other charts (like SPY ) to see how the market may appear correlated to Net Liquidity - injection of liquidity into the markets.

This was hypothesized by Max Anderson, this is just a script realizing that posting.

New updates include a resolution feature, and an option to offset backwards by 2 days per original intent.

2023년 3월 9일

릴리즈 노트

I have updated the script to fix the units that got changed from the FRED website and imported into TV.

I have also updated the script to display the correct units when selecting trillions, billions, and millions.

2023년 3월 9일

릴리즈 노트

I updated the liquidity indicator to show the Fed Net Liquidity as a line as opposed to a histogram, this fixes the issue with having to scale the background. Should work MUCH better now!!