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TRIN indicator


To Import this Trading System,

  1. Open the Configure Modules Window and
  2. Right click on the window. 
  3. Then choose Import and select TrinAlerts.mod

This Trading system is contained In StormsetLite1

When the TRIN is between 0 and 1 and is closer to 0, then the market is in buy mode.  If the TRIN is above 1 then the market is in sell mode.  If right around 1, then the market is neutral.  This condition tests for TRIN < 0.5 as a buy signal and TRIN > 1.5 as a sell signal. Use this condition in combination with other systems  to determine market sentiment..   

Possible Variations:

  • Use this in conjunction with other overbought/oversold indicators to find high probability reversal conditions
  • Use values other than  0.5/1.5, use more extreme values to create a higher probability alert
  • The default uses the NYS Trin(#TRIN-N#), you can also use the Nasdaq Trin indicator, #TRIN-Q# Refer to the FAQ page to find other Market Indicators that can be used


 

 

 

 

 

 

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