Mannarino Market Risk Indicators Using Dollar Strength, Yields, and Debt to GDP
Summary
The indicator presents two formulas intended to summarize market risk. The original MMRI multiplies a dollar-strength measure by the US 10-year yield and divides by a configurable denominator. The modified version scales that result by the debt-to-GDP ratio, either from a supplied series or from separately selected debt and GDP data. Users can choose which measure to plot and customize the input symbols and denominator.
The display assigns risk labels to ranges from slight through extreme, and can color the plot and price bars or show current component values in a table. The document explains the formulas and provides timeframe-related data handling: values may differ from the referenced source on timeframes below weekly, while intraday requests fall back to daily data when needed. These are formula-based indicators, not a demonstrated trading strategy; no empirical validation, predictive accuracy, or risk thresholds supported by performance analysis is provided.
Key ideas
- The original MMRI combines dollar strength and the US 10-year yield, scaled by a denominator.
- The modified MMRI additionally multiplies the original measure by a debt-to-GDP factor.
- Users can select built-in or custom data series and choose which version to display.
- The indicator maps values into five descriptive risk bands.
- Values on lower timeframes may differ from the referenced published figures, and the document supplies no predictive validation.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.