$TRIN Indicator
The TRIN measures the relationship between market supply and demand. It does this by comparing the number of advancing and declining stocks (USI:ADD) against advancing and declining volume (USI:VOLD). A TRIN reading below 1 should indicate a strong price advance is forthcoming. A TRIN reading above 1 should indicate a strong price decline is forthcoming. A value above 3 indicates an oversold market, but a reading below 0.5 indicates an overbought market.
Invite-only script
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Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.
Disclaimer
Invite-only script
Only users approved by the author can access this script. You'll need to request and get permission to use it. This is typically granted after payment. For more details, follow the author's instructions below or contact TickSurfers directly.
Note that this private, invite-only script has not been reviewed by script moderators, and its compliance with House Rules is undetermined. TradingView does NOT recommend paying for or using a script unless you fully trust its author and understand how it works. You may also find free, open-source alternatives in our community scripts.
Author's instructions
Warning: please read our guide for invite-only scripts before requesting access.