trin
Arms Index (TRIN) is a volume-based indicator that measures the relationship between advancing and declining stocks. It helps identify overbought and oversold conditions in the market.
trin (tick)
Arms Index (TRIN) is a volume-based indicator that measures the relationship between advancing and declining stocks. It helps identify overbought and oversold conditions in the market.
Input parameters
| Prop | Type | Default | Description |
|---|---|---|---|
minutes* | number | 20 | The lookback period in minutes |
period | number | 10 | Period for smoothing the TRIN value |
SQL example
TICK trin WITH minutes=20 > 0 THEN order SET size=100, price=51.00, transmit=trueasi
Accumulation Swing Index (ASI) is a momentum indicator that uses price and volume to identify potential trend reversals. It helps traders identify the real market direction by filtering out the noise and focusing on significant price movements.
adxr
Average Directional Movement Rating (ADXR) is a smoothed version of ADX that helps confirm trend strength. It is calculated as the average of the current ADX and the ADX from a specified number of periods ago.