The Ichimoku Kinko Hyo system is a comprehensive tool that helps identify trend direction, support & resistance levels, and entry & exit points . . . it is equipped to provide with a more complete view of the market making it easier for traders to make informed trading decisions
This post focuses on customizable Ichimoku Kinko Hyo factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.
Traders use the Arms Index (TRIN) to gain insights into market breadth and momentum, spot potential turning points in the market, with extreme readings on the index indicating potential buying or selling opportunities, thereby making it a useful contrarian indicator
The Arms Index (TRIN) helps traders gauge market breadth and momentum, pinpoint potential reversals, and identify extreme market conditions for strategic buying and selling opportunities.
Continue reading “Arms Index (TRIN) Indicator: A Contrarian Tool for Smarter Trading”