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On 10 Nov 2005 14:16:30 -0000, "v" <entinv@xxxxxxxxxxx> wrote:
Vladimir:
It's easy to do in Metastock. There are 4 variables. The formula is:
(advancing issues/declining issues)/(advancing volume/declining
volume). Then you can smooth this with a simple moving average for any
period that you would like.
Most data suppliers have the 4 variables for both the NYSE and Nasdaq.
You can find a brief review of the Arms Index (TRIN) in Achelis' book,
Technical Analysis from A to Z, or in other technical analysis
textbooks.
Harry
>>Is there are TRIN (ARMS index) in Metastock, that would allow to calculate
>>this index
>>on number of stocks?
>>
>>Thanks,
>> Vladimir
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