Modified Mannarino Market Risk Indicator

Bitcoin / DollarBitfinex

Beskrivning

⋅ 7 feb 2022 03:09

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

Versionsinformation

⋅ 7 feb 2022 03:26

Update comment to reflect code

Versionsinformation

⋅ 7 feb 2022 03:30

Update shot to show S & P futures as comparison

Versionsinformation

⋅ 7 feb 2022 03:41

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

Versionsinformation

⋅ 7 feb 2022 23:00

Percentile axis / label

Versionsinformation

⋅ 7 jun 2022 22:51

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

Versionsinformation

⋅ 11 jul 2022 01:33

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

Kommentarer

rdoshi22

⋅ 10 jul 2022 21:22

Very interesting. BTW, when i try to plot GDP alone, the data stops at end of Dec 2021. How r u able to generate mmri data for 2022 having gdp in denominator? Can u also share what is the SHA Trend indicator or where i can find it?

TraderHalai

⋅ 11 jul 2022 01:17

@rdoshi22, Hey thanks for letting me know about the GDP issue. Looks like tradingview does not have the updated data so I will fix the bug to use a different metric. SHA Trend indicator can be found here:
tradingview.com/script/xAIVWFsY-Smoothed-Heikin-Ashi-Trend-on-Chart-TraderHalai/

Mer