PROTECTED SOURCE SCRIPT
Macro Valuation Oscillator (MVO)

Here’s a professional English description (≈950 characters) you can use:
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**Macro Valuation Oscillator (MVO)** is a macro-relative-strength indicator designed to compare the current valuation of any asset against key benchmarks — **GOLD**, **USD**, and **BOND**. It helps investors visualize when an asset is relatively undervalued or overvalued within a macro context.
When the MVO line versus GOLD (yellow) moves below the neutral zone (0), it signals that the asset is *undervalued* compared to gold, suggesting a potential **buy opportunity**. Conversely, when it rises above +80, the asset may be *overvalued* and due for correction. The same interpretation applies to USD (blue) and BOND (purple) comparisons.
The indicator provides quick insight into macro-rotation trends, showing which assets are **overperforming** (green) or **underperforming** (red) in real time. It is especially effective on **daily charts**, giving traders and investors a clear framework to assess long-term relative value and position timing across global markets.
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**Macro Valuation Oscillator (MVO)** is a macro-relative-strength indicator designed to compare the current valuation of any asset against key benchmarks — **GOLD**, **USD**, and **BOND**. It helps investors visualize when an asset is relatively undervalued or overvalued within a macro context.
When the MVO line versus GOLD (yellow) moves below the neutral zone (0), it signals that the asset is *undervalued* compared to gold, suggesting a potential **buy opportunity**. Conversely, when it rises above +80, the asset may be *overvalued* and due for correction. The same interpretation applies to USD (blue) and BOND (purple) comparisons.
The indicator provides quick insight into macro-rotation trends, showing which assets are **overperforming** (green) or **underperforming** (red) in real time. It is especially effective on **daily charts**, giving traders and investors a clear framework to assess long-term relative value and position timing across global markets.
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Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.