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Re: Ref. mc Clellan Oscillator Indicator Set-Up



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<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Replied off-list.</FONT></DIV>
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<BLOCKQUOTE 
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
  <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,&nbsp; 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,&nbsp; 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.&nbsp; Create a composite security in DownLoader consisting of NYSE 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp; Advancing Issues minus NYSE Declining 
    Issues.&nbsp; Name the new <BR>&nbsp;&nbsp;&nbsp;&nbsp; security something 
    like "Adv-Decl Issues." <BR>2.&nbsp; Open the Adv-Decl Issues chart in 
    MetaStock. <BR>3.&nbsp; Create a new inner window. <BR>4.&nbsp; Create two 
    custom indicators in MetaStock: <BR>&nbsp;&nbsp;&nbsp;&nbsp; a)&nbsp; First 
    is the McClellan Oscillator: 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
    Mov(CLOSE,19,EXPONENTIAL) - 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
    Mov(CLOSE,39,EXPONENTIAL) <BR>&nbsp;&nbsp;&nbsp;&nbsp; b)&nbsp; Second is 
    the McClellan Summation Index: 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
    Cum(Mov(CLOSE,19,EXPONENTIAL) - 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
    Mov(CLOSE,39,EXPONENTIAL) ) <BR>5.&nbsp; Plot the McClellan Oscillator 
    custom indicator in the main chart <BR>&nbsp;&nbsp;&nbsp;&nbsp; window over 
    top of the data plot and select "Display New Scale 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp; on Right."&nbsp; This will eliminate the 
    Adv-Decl Issues' scale. <BR>6.&nbsp; Select the Adv-Decl Issues data plot by 
    clicking on it, then right <BR>&nbsp;&nbsp;&nbsp;&nbsp; click it and select 
    "Adv-Decl Issues Properties" and change the <BR>&nbsp;&nbsp;&nbsp;&nbsp; bar 
    colours to the same colour as your background to make it 
    <BR>&nbsp;&nbsp;&nbsp;&nbsp; invisible.&nbsp; The raw data is needed for 
    indicators, but need not be <BR>&nbsp;&nbsp;&nbsp;&nbsp; displayed. 
    <BR>7.&nbsp; Plot the McClellan Summation Index in the inner window. 
    <BR>8.&nbsp; 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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