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Re: How to chart (TRIN) and New Lows (NLS)



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The TRIN is provided by most data vendors.  Each uses a slightly different
symbol--$TRIN, TRIN etc. YOu plot it as you would any other symbol and can
perform indicators on it.

New 52 day highs is provided by some data feeds; I believe Quote.com offers
it intra-day.  Most EOD vendors offer it as well.
----- Original Message -----
From: "Brian Keith Voiles" <admagic@xxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Saturday, July 22, 2000 12:38 AM
Subject: How to chart (TRIN) and New Lows (NLS)


> In their book "Tools and Tactics for the Master Day Trader" Oliver Velez &
> Greg Capra recommend
> charting the NYSE Trader's Index (TRIN).  The formula for TRIN is:
>
> Advancing issues / advancing volume
> over
> Declining issues /  declining volume
>
> (It's also known as the "Arm's Index" -- see page 175 of the book)
>
> I can't seem to find the "TRIN" in Tradestation symbol list.
> Is there a way to plot this on a chart?
>
> They also talk about using a daily indicator of the Big Board stocks that
> have hit a new
> 52-week low... it's a single, daily statistic.  Can I get some advice on
> how to chart this
> indicator?  They say it's the "NYSE daily new lows (NLs) indicator...".
>
> Any suggestions are welcome.  Thank you.
> Warmest Regards & Good Trading to All,
> Brian Voiles
>