Testing the McClellan Oscillator and Summation Index
June 27, 2012 - Technical Trading
A reader commented and asked: “Several of my friends swear by the McClellan Summation Index for timing medium term bull/bear moves. Have you any evaluation of its usefulness?” The McClellan Summation Index derives from the McClellan Oscillator, a technical indicator developed in 1969 by Sherman and Marian McClellan, for which the daily input is the… Keep Reading