Bearish Market Indicator is a simple tool that highlights significant changes on the canvas (chart). For example, if the price dips lower than 50 days Moving Averages (MA), it will highlight white. If the close (closed price) is lower than the 200 days MA, then the highlight color turns into orange. Finally, if the close value (closing price) dips lower than the...
Mannarino Market Risk Indicator is from the original legendary Mannarino . The indicator basically assesses for the risks in the market. Since I could not find the original indicator under the trading view platform, I have derived the metrics from his website. If you are going to use it, use it at your own discretion.