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