To
Import this Trading System,
- Open the
Configure Modules Window and
- Right
click on the window.
- 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