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Strategies & Market Trends : The Final Frontier - Online Remote Trading
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To: ViperChick Secret Agent 006.9 who wrote (1616)12/7/1997 9:24:00 PM
From: Richard Estes  Read Replies (1) of 12617
 
no site, I know of. I didn't read it that way. But I doubt it would be reliable using the .30 tigger. either way, it sure needs confirmation in prices.

Trin = (AI/DI)/(AV/DV)
Market trust = (AI*AV-DI*DV)/1,000,000 then accumulate
Trust Osc = ((AI*AV-DI*DV)/(AI*AV+DI*DV))*100

Where AI = advancing issues and AV= advancing volume, etc.

These are again end of day indicators, not tick by tick that you see during the day. Follow it real time for awhile and see if you would deped on it for buy or sell.

trin and tick gives us a measure of market health during the day and a little hint of tommorow's.

BTW: I think Chande is the best, most intnovative TA man alive.
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