OPEN-SOURCE SCRIPT

McClellan Summation Index - Miekka Formula

5 705
This indicator is the McClellan Summation Index calculated as by Jim Miekka. Jim was a renowned mathematician who contributed immensely to the trading world by tying to develop independent mathematical indicators.

It was Jim Miekka who established the independent relationship to calculate the Summation index without calculating the cumulative of the McClellan Oscillator.

On top of the Summation Index I have added a 10 EMA to easily identify a change in trend.

I would recommend a user to read more about the Summation index and its utilities before using this indicator.

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。