Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

TRIN in OverBought Region

5 sec read


 

10 day SMA of TRIN near 0.5-0.7 region indicates Overbought region

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Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

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0 Replies to “TRIN in OverBought Region”

  1. 0.5-0.7 region indicates Overbought region but i think u mistakenly placed "Oversold Region" in the image. Request to correct to avoid confusion.regards

  2. at one place u say trin in oversold region of 0.5-0.7 and at one place u say bear trin of 1.018what we should make out of this ? heading is nifty in overbought region even though trin 10 sma is below 1. Please elaborate and guide us.

  3. Please correct me if I am wrong in my understanding . Trin below 1 is bullish and above 1 in bearish. Now cuurent trin at one place u mention as 05-0.7 and at one place u mention as 1.018. Pl elaborate.

  4. I think by mistake you have marked " Over Sold " instead of "Over Bought"in the chart.I think market is ripe for a correction in this month of Sept, starting from 7/8th Sept.

  5. Its Overbought.Also the err with charts solved.For More readings about trin. Please followhttp://www.marketcalls.in/2009/06/how-trader-should-view-trin-readings.html

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