OPEN-SOURCE SCRIPT

US Recessions Overlay

Atualizado
The US Recessions Overlay indicator highlights the periods of US economic recessions directly on your TradingView chart. Using historical data from the Great Depression to the present, it provides a visual representation of recessions as transparent red backgrounds. This can help traders and analysts correlate market movements with historical economic downturns.

Features:
- Displays US recessions since the Great Depression (1929) as shaded areas.
- Automatically adjusts the background shading to match the date ranges of historical recessions.
- A simple and effective way to observe market behavior during recessionary periods.
- Fully customizable to include new recession periods or modify transparency levels.

How to Use:
Apply the indicator to any chart. Recession periods will appear as red-shaded backgrounds, providing a clear visual cue for market behavior during those times.

Use Case:
Ideal for traders, economists, and market historians who wish to study the impact of recessions on financial markets.
Notas de Lançamento
The US Recessions Overlay indicator highlights the periods of US economic recessions directly on your TradingView chart. Using historical data from the Great Depression to the present, it provides a visual representation of recessions as transparent red backgrounds. This can help traders and analysts correlate market movements with historical economic downturns.

Features:

Displays US recessions since the Great Depression (1929) as shaded areas.
Automatically adjusts the background shading to match the date ranges of historical recessions.
A simple and effective way to observe market behavior during recessionary periods.
Fully customizable to include new recession periods or modify transparency levels.
How to Use:
Apply the indicator to any chart. Recession periods will appear as red-shaded backgrounds, providing a clear visual cue for market behavior during those times.

Use Case:
Ideal for traders, economists, and market historians who wish to study the impact of recessions on financial markets.
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Script de código aberto

No verdadeiro espírito do TradingView, o autor desse script o publicou como código aberto, para que os traders possam compreendê-lo e analisá-lo. Parabéns ao autor! Você pode usá-lo gratuitamente, mas a reutilização desse código em publicações é regida pelas Regras da Casa. Você pode favoritá-lo para usá-lo em um gráfico.

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