About McClellan Oscillator
Developed by Sherman and Marian McClellan, the McClellan Oscillator is a breadth indicator derived from Net Advances, the number of advancing issues less the number of declining issues. Subtracting the 39-day exponential moving average of Net Advances from the 19-day exponential moving average of Net Advances forms the oscillator.
As...
![DAX: McClellan Oscillator for DAX (GER30) [aftabmk modified]](https://s3.tradingview.com/u/UYAgnbAH_mid.png "McClellan Oscillator for DAX (GER30) [aftabmk modified]")
