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#1
2nd December 2005, 06:47 PM
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Arms Index Indicator
Hi all
I know how to build an indicator, but such as this indcator is very complex read this link http://trader.online.pl/MSZ/e-w-Arms_Index.html can not build it  any one can help 
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#2
9th December 2005, 05:11 PM
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Re: Arms Index Indicator
You need to have the following information (which you can get for FREE every trading day from http://in.finance.**********/m4?u ) to build this indicator.
Number of advancing stocks Number of declining stocks Volume of advancing stocks Volume of declining stocks Once you have the above info use this formula: (Number of advancing stocks / Number of declining stocks) / (Volume of advancing stocks / Volume of declining stocks)
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