Mannarino Market Risk Indicator

The Mannarino Market Risk Indicator is an easy way to measure market risk for stocks.
It considers the value of the dollar and the prevailing yield on the dollar to surmise
risk of exposure to the equity market.

A lower value represents a lower risk environment for stocks. A higher value represents
a higher risk environment for stocks.

Default water marks are set as follows:

50 is considered low risk
400 is considered extreme risk

Nota Keluaran

This version is not overlaid on the main chart.

This version highlights the risk indicator by low (green), moderate (yellow), high (orange), and extreme (red) risk levels.

This version no longer displays a high and low water mark.

Nota Keluaran

Use the close rather than the average bar price.

Nota Keluaran

Add risk level indicator table

Nota Keluaran

Fix chart

Nota Keluaran

Remove comments

Nota Keluaran

update to pine script v5

optionally show a simple moving average of the MMRI

Nota Keluaran

added data table with current 10yr yield, relative dollar value, and oil price. adjusted table color transparency

Nota Keluaran

Improved display for the data table in the bottom right.

Nota Keluaran

Fix the time interval for the data table to always show "Daily" close / percent change.

Nota Keluaran

minor changes to formatting in the data table to remove unnecessary % and $

Nota Keluaran

update chart

Skrip sumber terbuka

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Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.

Skrip sumber terbuka

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