Construction Cost Analysis

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Construction Cost Analysis Indicator
This indicator calculates and visualizes construction costs per square foot using real-time futures data. It combines material prices with customizable multipliers for labor, overhead, profit, and contingency to provide comprehensive cost estimates.
Key Features:
Material cost calculations using commodity futures
Customizable ratios for lumber, steel, copper, and aluminum
Adjustable multipliers for labor, overhead, profit, and contingency
Optional normalization against a baseline period
Daily, weekly, and monthly change tracking
Total project cost calculation based on square footage
Input Parameters:
Material Ratios:
Lumber Ratio (default: 0.50)
Steel Ratio (default: 0.20)
Copper Ratio (default: 0.05)
Aluminum Ratio (default: 0.03)
Cost Multipliers:
Labor Multiplier (default: 1.5 = +50%)
Overhead Multiplier (default: 1.1 = +10%)
Profit Multiplier (default: 1.1 = +10%)
Contingency Multiplier (default: 1.05 = +5%)
Project Settings:
Square Footage (default: 2500)
Normalization Toggle
Baseline Lookback Period
Visualization:
Main cost line in blue
Detailed labels showing current costs and changes
Optional normalized view
Total project cost calculations
Use this indicator to:
Track construction cost trends
Estimate project costs
Monitor material price impacts
Compare costs across different time periods
Analyze cost volatility and changes
Note: Material costs are based on futures contracts and should be considered approximations for estimation purposes.