McClellan Oscillator

Description

McClellan Oscillator is the difference between two exponential moving averages of the NYSE advance decline spread. This indicator requires ADV and DECL index data.

Syntax

McClellanOscillator(int fastPeriod, int slowPeriod)

McClellanOscillator(ISeries\<double\> input, int fastPeriod, int slowPeriod)

Return Value

double; Accessing this method via an index value int barsAgo returns the indicator value of the referenced bar.

Parameters

Parameter	Description
input	Indicator source data (Series<T>)
fastPeriod	Number of bars used in the fast moving average calculation
slowPeriod	Number of bars used in the slow moving average calculation

Examples

1 // An ADV and DECL data series must be added to OnStateChange()
2 else if (State == State.Configure)
3 {
4     AddDataSeries("^ADV");
5     AddDataSeries("^DECL");
6 }
7 
8 // Prints the current value of the McClellan Oscillator with a 19 fast period moving average & 39 slow period
9 double value = McClellanOscillator(19, 39)[0];
10 Print("The current McClellan Oscillator value is " + value.ToString());