OPEN-SOURCE SCRIPT
McClellan Summation Index
Based on the description in Murphy, Tech. Analysis of Financial Markets. Wikipeadia also has a good description:
en.wikipedia.org/wiki/McClellan_oscillator
Without warranty - please trade based on your own analysis and let me know if you find any errors in the script.
en.wikipedia.org/wiki/McClellan_oscillator
Without warranty - please trade based on your own analysis and let me know if you find any errors in the script.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.