Modified Mannarino Market Risk Indicator

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

릴리즈 노트

Update comment to reflect code

릴리즈 노트

Update shot to show S & P futures as comparison

릴리즈 노트

Update timeframe to be 'daily' instead of dynamic. Tradingview doesn't like lower timeframes.

릴리즈 노트

Percentile axis / label

릴리즈 노트

Bug fix to correct GDP data now represented as Trillions by Tradingview. Recalibrate percentiles based on past maximum MMMRI values

릴리즈 노트

Use GDPPOT instead of GDP - more recent data.
Use lookback period instead of hardcoded value

오픈 소스 스크립트

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

For quick access on a chart, add this script to your favorites — learn more here.