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Indicators

McClellan Summation Index - smoother with floating levels - indicator for MetaTrader 5

Views:
5153
Rating:
(10)
Published:
2019.01.27 16:27
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Theory :

McClellan summation index, as is (originally published here : McClellan Summation Index - Smoother) is a bit difficult to use due to lack of obvious signals. But, unlike the McClellan oscillator, the summation index does not necessarily oscillate around the zero value. This version is adding floating levels to it in order to help finding signals in an easier way

Usage :

You can use color changes as signals


McClellan Oscillator - smoother with discontinued signal lines McClellan Oscillator - smoother with discontinued signal lines

McClellan Oscillator - smoother with discontinued signal lines

McClellan Summation Index - smoother McClellan Summation Index - smoother

McClellan Summation Index - smoother

McClellan Oscillator - smoother with floating levels McClellan Oscillator - smoother with floating levels

McClellan Oscillator - smoother with floating levels

RSI of smoother average RSI of smoother average

RSI of smoother average