Operational Cheat Sheet: The Macro Triangle
1. The VIX Signal
VIX > 20: Risk-Off. High fear. Capital moves into USD and Gold. Short AUD.
2. Gold/AUD Ratio
Rising = Defensive outperformance. Falling = Risk appetite returning.
3. DXY Connection
Strong DXY is a headwind for Gold and AUD. Watch for USD strength in the USA box.
Custom Pine Script: Sentiment Oscillator
//@version=5
indicator("MacroPulse Risk Ratio", overlay=false)
gold = request.security("OANDA:XAUUSD", timeframe.period, close)
aud = request.security("FX:AUDUSD", timeframe.period, close)
plot(gold / aud, color=color.yellow, linewidth=2)