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Registered User Joined: 8/24/2006 Posts: 21
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Is it possible to get a chart of the McClellan Summation Index (NASI)?
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Registered User Joined: 8/24/2006 Posts: 21
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Please disregard. I found it. Thank you.
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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I am happy to read you figured it out on your own.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Gold Customer
Joined: 6/29/2005 Posts: 885
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Can you please post the symbol? Thanks
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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The symbol for the McClellan Summation Index is T2118.
-Bruce Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/14/2016 Posts: 285
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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
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 6/14/2016 Posts: 285
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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
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Worden Trainer
Joined: 10/7/2004 Posts: 65,138
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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 Personal Criteria Formulas TC2000 Support Articles
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Registered User Joined: 4/10/2017 Posts: 3
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Hi,
Is it possible to get the exact same one ( ratio adjusted version, https://stockcharts.com/h-sc/ui ) like stockcharts has on TC2000.
Thanks,
Duane
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