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<DIV><FONT face=Arial size=2>Replied off-list.</FONT></DIV>
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<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
Songyun Fox </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx"
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> Thursday, July 27, 2000 12:16
PM</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Ref. mc Clellan Oscillator
Indicator Set-Up</DIV>
<DIV><BR></DIV><FONT color=#ff0000>This is going to be hard.</FONT><FONT
color=#ff0000></FONT>
<P><FONT color=#ff0000>How do you input the daily data, advancing and
declining issues?</FONT><FONT color=#ff0000></FONT>
<P><FONT color=#ff0000>Or are we talking about using a vendor to supply the
data, which I do not use.</FONT><FONT color=#ff0000></FONT>
<P><FONT color=#ff0000>Songyun</FONT>
<P>Glen Wallace wrote:
<BLOCKQUOTE TYPE="CITE">Songyun:
<P>This is how I set up the McClellan Oscillator:
<P>1. Create a composite security in DownLoader consisting of NYSE
<BR> Advancing Issues minus NYSE Declining
Issues. Name the new <BR> security something
like "Adv-Decl Issues." <BR>2. Open the Adv-Decl Issues chart in
MetaStock. <BR>3. Create a new inner window. <BR>4. Create two
custom indicators in MetaStock: <BR> a) First
is the McClellan Oscillator:
<BR>
Mov(CLOSE,19,EXPONENTIAL) -
<BR>
Mov(CLOSE,39,EXPONENTIAL) <BR> b) Second is
the McClellan Summation Index:
<BR>
Cum(Mov(CLOSE,19,EXPONENTIAL) -
<BR>
Mov(CLOSE,39,EXPONENTIAL) ) <BR>5. Plot the McClellan Oscillator
custom indicator in the main chart <BR> window over
top of the data plot and select "Display New Scale
<BR> on Right." This will eliminate the
Adv-Decl Issues' scale. <BR>6. Select the Adv-Decl Issues data plot by
clicking on it, then right <BR> click it and select
"Adv-Decl Issues Properties" and change the <BR> bar
colours to the same colour as your background to make it
<BR> invisible. The raw data is needed for
indicators, but need not be <BR> displayed.
<BR>7. Plot the McClellan Summation Index in the inner window.
<BR>8. Add whatever base lines you want.
<P>Hope this helps.
<P>----- Original Message ----- <BR>From: Songyun Fox <BR>To:
metastock@xxxxxxxxxxxxx <BR>Sent: Thursday, July 27, 2000 5:43 AM
<BR>Subject: Ref. mc Clellan Oscillator Indicator Set-Up
<P>Hello. <BR>Would someone please tell me step by step on <BR>how to set-up
the Mc Clellan oscillator.
<BR>Songyun</P></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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