dharmatech

QQQ Fair Value Bands

This is similar to the SPX Fair Value Bands indicator, but for QQQ.

It is based on the Net Liquidity model:

Net Liquidity = FED - RRP - TGA

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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.

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