OPEN-SOURCE SCRIPT

DXY Monthly Return (+3M Lead)

147
This indicator calculates the rolling monthly return (based on 21 trading days) for the U.S. Dollar Index (DXY), applying a +3-month forward shift (lead) to the series.

It is designed to help visualize the leading effect of USD strength or weakness on other macro-sensitive assets — particularly Bitcoin and crypto markets, which often react to changes in global dollar liquidity with a lag of approximately 10 weeks.

Note: This script does not invert the values directly. To match the inverted Y-axis visual used by Steno Research — where negative USD returns are displayed at the top — simply right-click the Y-axis in the chart panel and select “Invert Scale.”

💡 Use this tool for macro trend analysis, early crypto signal generation, or studying inverse correlations between USD and risk assets.

Source logic: Steno Research, Bloomberg, Macrobond.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.