TRIN - futures io
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TRIN

A technical analysis indicator that compares advancing and declining stock issues and trading volume as an indicator of overall market sentiment. The Arms Index, or TRIN (Traders Index), is used as a predictor of future price movements in the market primarily on an intraday basis.

The Arms index is calculated as follows:

TRIN = (advancing issues/declining issues)
(volume of advancing issues/
volume of declining issues)



Read more: Arms Index (TRIN) Definition | Investopedia http://www.investopedia.com/terms/a/...#ixzz4D95VlI1V

See also:
http://stockcharts.com/school/doku.p...ndicators:trin
https://en.wikipedia.org/wiki/TRIN_(finance)

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