The McClellan Oscillator

First created back in 1969, the McClellan Oscillator has come to be recognized by technical analysts as the essential tool for measuring acceleration in the stock market. Using advance-decline statistics, it gives overbought and oversold indications, divergences, and measurements of the power of a move.

 
May 20, 2004

The McClellan Oscillator & Summation Index

Every day that stocks are traded, financial publications list the number of stocks that closed higher (advances) and that closed lower… more
 
May 07, 2009

Tom’s Tool Box

Every technician needs to have more than one tool in his toolbox. This is because some tools only work in certain… more
 
Apr 14, 2006

Calculating the McClellan Oscillator

The McClellan Oscillator and Summation Index were developed by my parents back in 1969.  Calculation of these indicators starts with the… more
 
Nov 18, 2004

Oscillator Breaking Zero

There are several different issues simultaneously wrapped up in your question, and I will try to address a few of them.First,… more