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Views:: 4558
Rating:: (7)
Published:: 2019.01.27 14:15
Updated:: 2019.01.27 14:15

McClellan Summation Index (smoother).mq5 (12.17 KB) view

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Theory :

This is a natural "offspring" of the McClellan oscillator (that was originally published here : McClellan Oscillator - smoother). It is using the same smoother for calculation (instead of EMA) and in this version it is also producing much smoother results

Usage :

The same way described in the oscillator description

McClellan Oscillator - smoother

McClellan Oscillator - using "smoother" for calculations

Smoother levels

Smoother with self adjusting levels

McClellan Oscillator - smoother with discontinued signal lines

McClellan Summation Index - smoother with floating levels

McClellan Summation Index - smoother - indicator for MetaTrader 5