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McClellan Summation Index Rate this Topic:
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wpeary
Posted : Monday, June 8, 2009 8:36:30 PM
Registered User
Joined: 8/28/2005
Posts: 17
Which stocks are used for calculating the McClellan Summation Index (T2118) in Telechart?  I'd like to compare it to a relevant stock index or composite index of the stocks used to calculate it.  Thank you.
Warren Peary
Bruce_L
Posted : Tuesday, June 9, 2009 12:11:11 PM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The Components used are all of the NYSE Stocks in our database with more than 250 trading days of data. You should be able to create a Component Watchlist of the Stocks used for the calculation by using an EasyScan based on All Stocks with Exchange with only NYSE checked and the following Personal Criteria Formula as EasyScan Conditions:

C250 > 0

You may wish to review the following:

How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Worden’s Market Indicators (T2s)
PCF Formula Descriptions
Handy PCF example formulas to help you learn the syntax of PCFs!

-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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