FXCodeBase.COM: Forex Chart Indicators and Development

Posted: **Wed Oct 10, 2012 10:19 am**

Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues.
McClellan Oscillator= 19-day EMA of RANA - 39-day EMA of RANA
Ratio Adjusted Net Advances (RANA)= (Advances - Declines)/(Advances + Declines)

As You know on Forex market, we do not have a single currency,
according to which all others are measured.
Therefore I have add menu which allows you to select the nominal currency for calculation.

McClellan Oscillator.lua: (5.71 KiB) Downloaded 1022 times

The indicator was revised and updated

Posted: **Wed Oct 10, 2012 10:23 am**

AD Indicator.lua: (5.49 KiB) Downloaded 898 times

Posted: **Wed Oct 10, 2012 10:27 am**

RANA.lua: (4.99 KiB) Downloaded 831 times

Posted: **Wed Oct 10, 2012 10:37 am**

McClellan Summation Index = McClellan Summation Index [-1] +McClellan Oscillator

McClellan Summation Index.lua: (5.74 KiB) Downloaded 1002 times

Posted: **Wed Oct 10, 2012 3:00 pm**

Updated.
Please re-download all indicator, I found a few bugs.

Posted: **Thu Apr 03, 2014 12:36 pm**

MQL4 version of indicators: viewtopic.php?f=38&t=60493.

Posted: **Fri Jun 16, 2017 7:15 am**

The indicator was revised and updated.

FXCodeBase.COM: Forex Chart Indicators and Development

McClellan Oscillator

McClellan Oscillator

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