OPEN-SOURCE SCRIPT
Atualizado

Mannarino Market Risk Indicator

6 865
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
Notas de Lançamento
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.
Notas de Lançamento
Use the close rather than the average bar price.
Notas de Lançamento
Add risk level indicator table
Notas de Lançamento
Fix chart
Notas de Lançamento
Remove comments
Notas de Lançamento
update to pine script v5

optionally show a simple moving average of the MMRI
Notas de Lançamento
added data table with current 10yr yield, relative dollar value, and oil price. adjusted table color transparency
Notas de Lançamento
Improved display for the data table in the bottom right.
Notas de Lançamento
Fix the time interval for the data table to always show "Daily" close / percent change.
Notas de Lançamento
minor changes to formatting in the data table to remove unnecessary % and $
Notas de Lançamento
update chart

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