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Miekka

McClellan Summation Index - Miekka FormulaThis indicator is the McClellan Summation Index calculated as by Jim Miekka. Jim was a renowned mathematician who contributed immensely to the trading world by tying to develop independent mathematical indicators. It was Jim Miekka who established the independent relationship to calculate the Summation index without calculating the cumulative of the McClellan Oscillator. On top of the Summation Index I have added a 10 EMA to easily identify a change in trend. I would recommend a user to read more about the Summation index and its utilities before using this indicator.
Pine Script® indicator
by merlock
44

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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