ISM Reaction Signal — Pine Script v5

Classify ISM Manufacturing PMI releases into 5 actionable trading scenarios. Copy-paste ready.

100% Free Pine Script v5 Zero Dependencies First-Mover: No macro indicators on TradingView
GOLDILOCKS
Risk-On · 85% conf
MODERATE
Neutral · 70% conf
SOFT LANDING
Cautious · 65% conf
CONTRACTION
Risk-Off · 90% conf
AMBIGUOUS
Hold · 40% conf
How to use: Wait for ISM Manufacturing PMI release (1st business day of month, 10:00 AM ET) → enter the 3 numbers (Headline PMI, New Orders, Prices Paid) → scenario classification appears instantly on chart with sector-specific trading actions.
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Pine Script v5 — ism_reaction_signal.pine
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Setup Instructions (2 minutes)

  1. Click "Copy Script to Clipboard" above.
  2. Open TradingView Chart → click "Pine" button (right toolbar).
  3. In the Pine Editor: select all (Ctrl+A) → delete → paste (Ctrl+V).
  4. Click "Save" then "Add to chart".
  5. Enter the 3 ISM numbers in the indicator settings. The scenario table appears on your chart.