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Re: Ref. mc Clellan Oscillator Indicator Set-Up

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<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</blockquote>
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