OPEN-SOURCE SCRIPT
Updated SPX Fair Value Bands

These are based on Darius Dale and Max Anderson's Net Liquidity model.
This is intended for use with the
SPX chart.
This is intended for use with the
Release Notes
Changed line colors.Release Notes
Add inputs for line colorsRelease Notes
It appears that the units for some of the inputs to the script (WALCL, WTREGEN, RRPONTSYD) have changed on TradingView. I've updated the formulas to accommodate the new units.Release Notes
Add Fair ValueRemove inputs for colors
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.
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.