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[EquisMetaStock Group] McClellan



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V 9 only allows two items to be linked: the ratio adjusted McClellan oscillator and summation index each require 3 items to be linked. The  basic formulation is (advances –declines)/(advances +declines).

 

 (advances – declines) form one composite

(advances + declines) form a second composite

(advances –declines)/ (advances + declines) form a third composite       This is the ratio adjusted McClellan oscillator.

 

Is there a way of writing a code in Metastock to calculate the ratio adjusted McClellan oscillator?

 

Lionel Issen

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