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By the way, in addition to the data necessary to compute the Summation index
on the NYSE, AMEX and NASDAQ, you can also download similar data for many
major indexes and sector ETFs at my site (http://www.masterdata.com). These
text datafiles already contain the proper MetaStock headers so import is
very easy. I agree that the Summation index is very helpful for the market
overall, but is also just as enlightening and maybe more so on these more
defined composites both individually and as a whole. When we recently saw
the various sectors deteriorate one by one within the markets it gave great
insight as to the likelihood that the overall market would eventually
follow. It did. Strengthening will show itself eventually, but, perhaps,
not just yet.
Best,
Larry Carhartt
Index & ETF Component Data
www.MasterDATA.com
lc@xxxxxxxxxxxxxx
818-701-6686
-----Original Message-----
From: hmliu [mailto:l3intelligence@xxxxxxxxx]
Sent: Friday, August 13, 2004 7:00 AM
To: equismetastock@xxxxxxxxxxxxxxx
Subject: Re: [EquisMetaStock Group] McClellan Summation Index
The way formula will work depends much on which data provider you
are using. Different data vendor store the advancing and declining
issues differently in their own format
Once you know the symbols for advancing issues and declining issues,
you can apply the indicator formula to the data and plot the
McClellan Oscillator and Summation Index afterwards.
--- In equismetastock@xxxxxxxxxxxxxxx, "Jeff Hunter"
<jeff.hunter@xxxx> wrote:
> Does this help
>
> http://www.equis.com/Support/Formulae.aspx?Id=38
>
>
> Jeff
>
> -----Original Message-----
> From: jaguarvp1998 [mailto:no_reply@xxxxxxxxxxxxxxx]
> Sent: 12 August 2004 14:56
> To: equismetastock@xxxxxxxxxxxxxxx
> Subject: [EquisMetaStock Group] McClellan Summation Index
>
>
> Can someone tell how I can get the McClellan Sunnation Index in
> Metastock? I switched from TCNet and this daily Index always keep
> me on the right side of the market, usually, lol
>
> Thanks for your help.
>
>
>
>
>
>
> Yahoo! Groups Links
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