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[Metastockusers] Re: McClellan Indicators on the ASX (Heads up - Noob)



PureBytes Links

Trading Reference Links


You may be interested in the most accurate ASX Market Breadth around, 
updated nightly at:

http://users.bigpond.com/prominex/pegasus.htm#ASXmarket

jose '-)


--- In Metastockusers@xxxxxxxxxxxxxxx, "draggiedriver" <maluabay@xxxx> 
wrote:
> 
> Hi everyone,
> 
> I've been reading about market breadth indicators since my last post 
> some months ago. While TRIN takes my fancy, so does the McClellan 
> family of indicators. Only problem being that the overbought/sold 
> parameters seem predicated on the size of the US markets, so the 
> 100/75//-75/-100 signal lines in the oscillator, say, would not be 
> valid on the ASX's smaller market size.
> 
> Of course, I may be missing something...
> 
> Any ideas, advice or help gratefully received
> 
> D





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