OPEN-SOURCE SCRIPT
SHILLER_PE_RATIO_MONTH
DISCRIPTION
Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio)
TIME FRAME
1M
HOW TO USE
It provide historic Shiller PE which will provide over-bought or over-sold condition historically from 19th century.
MODIFICATION
When the pe ratio crosses 30 considered as Greed
When the pe ratio fall below 15 considered as Fear
Shiller PE ratio for the S&P 500. Price earnings ratio is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio)
TIME FRAME
1M
HOW TO USE
It provide historic Shiller PE which will provide over-bought or over-sold condition historically from 19th century.
MODIFICATION
When the pe ratio crosses 30 considered as Greed
When the pe ratio fall below 15 considered as Fear
Script de código aberto
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.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
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.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.