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McClellan Oscillator or Worden Indicator T2106 Rate this Topic:
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mcp
Posted : Wednesday, November 19, 2008 8:08:09 AM
Registered User
Joined: 12/30/2004
Posts: 36
Where do I find these indicators so that I may show them on the charts? Is there a listing for all of the Numbered Worden Indicators, ie any others besides T2106? Finally, how do you use this indicator? Thank you.
Bruce_L
Posted : Wednesday, November 19, 2008 8:37:27 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
The Worden Market Market Indicators are symbols (just like stocks or indexes) that are located in the All Worden Market Indicators Watchlist under System WatchLists. You may wish to review the Worden’s Market Indicators (T2s) topic for more information.

-Bruce
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mcp
Posted : Wednesday, November 19, 2008 9:52:57 AM
Registered User
Joined: 12/30/2004
Posts: 36

Thank you for resource. I have read it but must admit I don't quite understand this. Is this something that you use to show the overall direction of the market as a whole, or can you use it for specific Industry Groups and/or individual stocks? Lastly, is this something you can put on a stock chart, or is it an indicator that is all by itself? I am sorry that I don't grasp this so easily. Thanks for your patience. 

Bruce_L
Posted : Wednesday, November 19, 2008 9:59:11 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138
T2106 represents the behavior of the NYSE and is not based on an particular Industry Group or individual stock. It is a symbol just like any other symbol so would generally be displayed on its own.

-Bruce
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