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Worden Discussion Forum » Customer Training & Support » Ask a Trainer - TC2000 version 7 » the Arms index

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csns
Posted : Friday, April 30, 2010 4:49:28 PM
Registered User
Joined: 10/15/2007
Posts: 30
 I just bought a book " stop and make money" by Richard Arms. I want to create arms index in both Telechart and stock finder.

It is Arms index= (Advances/Declines) / ( Advancing Volume/ Declining Volume)

How can I do it?

Thanks always
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Bruce_L
Posted : Friday, April 30, 2010 4:53:22 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
 The Arms Index is also know as TRIN and is available under the symbol TRIN-X. You may also wish to review the following:

Market Stats, TICK and TRIN
Worden’s Market Indicators (T2s)

If you need to calculate it for an arbitrary WatchList, you may wish to review the TICK and TRIN Intraday chart for NASDAQ topic for how to do so in StockFinder.
-Bruce
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