$TRINQ

Discussion in 'Trading' started by TheFinn, Apr 29, 2001.

  1. TheFinn

    TheFinn

    Could someone please explain what exactly the $TRINQ is and what is its symbol on Real Tick III (MBTrader)? Thanks.

    The Finn
     
    #1     Apr 29, 2001
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  2. Tradewinds

    Tradewinds

    The TRINQ is the TRIN ratio for the Nasdaq. It's calculated by taking the advances to declines spread and dividing that by the volume of the advances to declines.
    The direction of the TRINQ is the important thing to watch. A FALLING TRINQ signals a STRENGTHENING market, while a RISING TRINQ signals a WEAKENING market.

    The symbol for the TRINQ on Real Tick is $TRIN-Q.
     
    #2     Apr 29, 2001
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