OPEN-SOURCE SCRIPT
Updated McClellan Oscillator [CC]

The McClellan Oscillator was created by Sherman and Marian McClellan and it is essentially a MACD of the advancing and declining symbols of the day and is best used as a comparison with the biggest stocks such as my example Apple but that is just my opinion. I pulled the symbol names from a Trading View blog so I'm not 100% sure if they are accurate so please let me know if I'm wrong. Buy when the indicator is over 0 and sell when it falls below 0 but keep in mind that these values are for the market itself and not the individual symbol.
This was a special request so let me know if you would like me to publish more scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
This was a special request so let me know if you would like me to publish more scripts or if you want something custom done!
Note: I'm republishing this because the original script couldn't be found in searches so this will fix that.
Release Notes
fixed issue with default resolutionOpen-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
I created the largest stock indicator library:
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
I created the largest stock indicator library:
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
github.com/ooples/
Custom Indicator Requests:
forms.gle/ouMffZR3dQ8bSJQG7
Tips are appreciated:
paypal.me/cheatcountry
patreon.com/cheatcountry
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.