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README.md | ||
TRINBot.cs |
TRIN
This strategy was taken from chapter 12 of 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)