McClellan Oscillator
Posted By: TradersLog
Designed by Sherman and Marian McClellan in 1969, the McClellan Oscillator is a market breadth indicator. It is derived from two exponentially smoothed moving averages (EMA) of advancers minus decliners.
Designed by Sherman and Marian McClellan in 1969, the McClellan Oscillator is a market breadth indicator. It is derived from two exponentially smoothed moving averages (EMA) of advancers minus decliners.
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