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McClellan Summation Index (NASI) Rate this Topic:
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stocksniper
Posted : Saturday, October 28, 2017 1:47:22 PM
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Joined: 8/24/2006
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Is it possible to get a chart of the McClellan Summation Index (NASI)?

stocksniper
Posted : Saturday, October 28, 2017 1:51:48 PM
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Joined: 8/24/2006
Posts: 18

Please disregard. I found it. Thank you.

Bruce_L
Posted : Monday, October 30, 2017 8:38:37 AM


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Posts: 62,989

I am happy to read you figured it out on your own.



-Bruce
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SILVERWESOKE
Posted : Saturday, December 23, 2017 10:47:19 AM
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Joined: 6/29/2005
Posts: 874

Can you please post the symbol?  Thanks

 

Bruce_L
Posted : Wednesday, December 27, 2017 9:16:21 AM


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The symbol for the McClellan Summation Index is T2118.



-Bruce
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Chris55
Posted : Friday, March 23, 2018 8:25:01 AM
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Joined: 6/14/2016
Posts: 215

Hi Bruce,

I am looking for one (or two) Indicator PCFs for the following conditions:

1. The TSI (3, 5) of the Moving LinReg-19 of the McLennan Index is > 0;

2. The True Strength Index (3, 5) of the Moving LinReg-19 of the McLennan Index < 0.

The result should be a histogram with +-1 bars.

Also just a small, similar item:

I need the same histogram depending on whether the McClellan Index is above or below it's Moving LinReg-13 line.

Many thanks for your help. Kind regards,

Chris 

Bruce_L
Posted : Friday, March 23, 2018 9:14:39 AM


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Joined: 10/7/2004
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The following formulas are not McLellan Summation Index specific. You could plot these on any symbol, not just on T2118.

For the first formula, please try the following.

SGN(XAVG(XAVG(3 * FAVGC19 - 2 * AVGC19 - 3 * FAVGC19.1 + 2 * AVGC19.1, 3), 5) / XAVG(XAVG(ABS(3 * FAVGC19 - 2 * AVGC19 - 3 * FAVGC19.1 + 2 * AVGC19.1), 3), 5))

For the second formula, please try the following.

SGN(C - 3 * FAVGC13 + 2 * AVGC13)



-Bruce
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Chris55
Posted : Friday, March 23, 2018 9:26:51 AM
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Joined: 6/14/2016
Posts: 215

Thanks very much Bruce,

That's interesting - so I could use these on the McClellan Summation if I plot that underlying, or independent of the McClellan for any outher security or index.

Have a good day.

Chris 

 

Bruce_L
Posted : Friday, March 23, 2018 9:29:28 AM


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Joined: 10/7/2004
Posts: 62,989

Exactly. The formulas are just based on price (which is a slight misnomer in the case of the McClellan Summation Index), so it works for any symbol.



-Bruce
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