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Strategies & Market Trends : Metastock 6.0 for Window -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (2816)2/24/1999 3:31:00 AM
From: Richard Estes  Read Replies (1) | Respond to of 4056
 
TRIN or Arms:

The Arms Index is calculated by first dividing the number of stocks that advanced in price by the number of stocks that declined in price to determine the Advance/Decline Ratio. Next, the volume of advancing stocks is divided by the volume of declining stocks to determine the Upside/Downside Ratio. Finally, the Advance/Decline Ratio is divided by the Upside/Downside Ratio.

You short-cutted to C/V to apply to stocks, I don't see logic on that one. seems like you could use Price volume trend or OBV. I would go PVT.