What I was trying to tell is the following : since it will repaint, alerts are going to change all the timeMuecke wrote: Thu Jun 29, 2017 6:53 am Thanks Mladen for explaining.
I use it in conjunction with the gaussian velocity(great indicator you made), to find the best entry/exit.
Maybe somebody adds it for experimental use.
@Pava --> SSRC Setttings in my Screenshot. I prefered the Snake Range 28.
Thanks Mladen for your efforts
Re: MT4 Indicator requests and ideas
1582hi
can some one help me to get this McClellan oscillator, i know the oscillator is used for stocks. ? thanks in advance
can some one help me to get this McClellan oscillator, i know the oscillator is used for stocks. ? thanks in advance
Re: MT4 Indicator requests and ideas
1583Topi, by any chance do you have more information about this indicator.topi wrote: Thu Jun 29, 2017 6:01 pm hi
can some one help me to get this McClellan oscillator, i know the oscillator is used for stocks. ? thanks in advance
Re: MT4 Indicator requests and ideas
1584It works for stocks only and only used for NYSE stockstopi wrote: Thu Jun 29, 2017 6:01 pm hi
can some one help me to get this McClellan oscillator, i know the oscillator is used for stocks. ? thanks in advance
Re: MT4 Indicator requests and ideas
1585hi mladen
yes i know it works for nyse stocks. can u help with the indicator ? looking out for trades on nyse.
yes i know it works for nyse stocks. can u help with the indicator ? looking out for trades on nyse.
Re: MT4 Indicator requests and ideas
1586hi mladen
yes i know it works for nyse stocks. can u help with the indicator ? looking out for trades on nyse. or some other indi. similar to McClellan Indicator
yes i know it works for nyse stocks. can u help with the indicator ? looking out for trades on nyse. or some other indi. similar to McClellan Indicator
Re: MT4 Indicator requests and ideas
1587To trade on NYSE using MT?topi wrote: Thu Jun 29, 2017 6:45 pm hi mladen
yes i know it works for nyse stocks. can u help with the indicator ? looking out for trades on nyse. or some other indi. similar to McClellan Indicator
No chance
Re: MT4 Indicator requests and ideas
1590That has nothing in common with McLellan oscillator
Among other things :
Developed by Sherman and Marian McClellan in 1969, the oscillator is computed using the Exponential Moving Average (EMA) of the daily ordinal difference of advancing issues (stocks which gained in value) from declining issues (stocks which fell in value) over 39 trading day and 19 trading day periods.
Anyway, happy tradingThe simplified formula for determining the oscillator is:
Oscillator = ( 19-day EMA of advances minus declines ) − ( 39 day EMA of advances minus declines )
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