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Modified Mannarino Market Risk Indicator

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This indicator is meant to give an overall indication of risk and a very basic implementation of the modified mannarino market risk indicator. I take no credit for the original formula, and just decided to hack this together so that it could be useful to the community
Notas de prensa
Update comment to reflect code
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Update shot to show S & P futures as comparison
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Update timeframe to be 'daily' instead of dynamic. Tradingview doesn't like lower timeframes.
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Percentile axis / label
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Bug fix to correct GDP data now represented as Trillions by Tradingview. Recalibrate percentiles based on past maximum MMMRI values
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  • Use GDPPOT instead of GDP - more recent data.
  • Use lookback period instead of hardcoded value

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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.