ninjatrader/strategies/trin/README.md

# TRIN

This strategy was taken from chapter 12 of [*Short Term Trading Strategies That Work*](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work) (2008) by Larry Connors.

It is based on the short-term trading index (TRIN), also known as the Arms index.

The formula for calculating the TRIN of an index is as follows:

```
TRIN = (Advancing Stocks / Declining Stocks) / (Advancing Volume / Declining Volume)
```

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Initial commit of TRIN strategy README 2024-09-21 13:33:57 +00:00			`# TRIN`

Add description to TRIN strategy documentation 2024-09-21 13:36:25 +00:00			`This strategy was taken from chapter 12 of [Short Term Trading Strategies That Work](https://moshferatu.dev/moshferatu/short-term-trading-strategies-that-work) (2008) by Larry Connors.`

			`It is based on the short-term trading index (TRIN), also known as the Arms index.`

			`The formula for calculating the TRIN of an index is as follows:`

			```
			`TRIN = (Advancing Stocks / Declining Stocks) / (Advancing Volume / Declining Volume)`
			```

Initial commit of TRIN strategy README 2024-09-21 13:33:57 +00:00			`---`