OPEN-SOURCE SCRIPT
Updated Recessions [TXMC]
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.
This script is a good pair with my Treasury Yield Spread 10y-2y indicator.
Release Notes
Updated script that shows official NBER recessions for the U.S. economyOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.