13 lines
441 B
Markdown
13 lines
441 B
Markdown
# TRIN
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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.
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It is based on the short-term trading index (TRIN), also known as the Arms index.
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The formula for calculating the TRIN of an index is as follows:
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```
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TRIN = (Advancing Stocks / Declining Stocks) / (Advancing Volume / Declining Volume)
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```
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