Re: [amibroker] Help With McClellan Osc

["Tomasz Janeczko" <groups@xxxxxxxxxxxxx>]

Hello,

 

Of course instead of ticker symbols alone you need to use FOREIGN function.

 

Graph0 = EMA( Foreign("$advq","C")-Foreign("$declq","C"), 19 ) - EMA( Foreign("$advq","C")-Foreign("$declq","C"), 39 );

Best regards,
Tomasz Janeczko
amibroker.com

----- Original Message -----

From: larypowell

To: amibroker@xxxxxxxxxxxxxxx

Sent: Wednesday, January 14, 2009 3:53 AM

Subject: RE: [amibroker] Help With McClellan Osc

Howard,  I appreciate the help, but am getting a syntax error, maybe someone with eSignal can assist?

 

Thanks,  Larry

 

---

From: amibroker@xxxxxxxxxxxxxxx [mailto:amibroker@xxxxxxxxxxxxxxx] On Behalf Of Howard B
Sent: Tuesday, January 13, 2009 2:26 PM
To: amibroker@xxxxxxxxxxxxxxx
Subject: Re: [amibroker] Help With McClellan Osc

 

Hi Lary --

The McClellan Oscillator is based on the number of advancing issues minus the number of declining issues.  Subtract a slower exponential moving average of that from a faster moving average of that.

Looking at this web site:
http://forum.esignalcentral.com/showthread.php?s=91481c8fcaafc0edeb1c5fabc4d5e53c&postid=96971
for eSignal tickers, the ticker for the NASDAQ Number of Advancing Issues minus Number of Declining Issues is $ADDQ.

So, the AmiBroker code for the McClellan Oscillator for the NASDAQ is probably this:

McCQ = EMA($ADDQ,19) - EMA($ADDQ,39);

For the NYSE:
McC = EMA($ADD,19) - EMA($ADD,39);


You do not need the ADVISSUES function because eSignal has taken care of that for you.

I may be on thin ice here because I do not subscribe to eSignal and cannot run the code.  Let us all know if this worked.

Thanks,
Howard

On Tue, Jan 13, 2009 at 8:41 AM, larypowell <larypowell@xxxxxxxxl.net> wrote:

I am trying to get McClellan Osc to work with eSignal data

 

The following formula does not seem to work, any advice would be appreciate.

 

/*

McClellan Oscillator

*/

 

 

Graph0 = EMA( AdvIssues("$advq",(C))-DecIssues("$declq",(C)), 19 ) - EMA( AdvIssues("$advq",(C))-DecIssues("$declq",(C)), 39 );

 

 

Thanks,  Larry

 

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