Hi Lary -- The McClellan Oscillator is based on the number of advancing issues minus the number of declining issues. Subtract a slower exponential moving average of that from a faster moving average of that.
Looking at this web site: http://forum.esignalcentral.com/showthread.php?s=91481c8fcaafc0edeb1c5fabc4d5e53c&postid=96971 for eSignal tickers, the ticker for the NASDAQ Number of Advancing Issues minus Number of Declining Issues is $ADDQ. So, the AmiBroker code for the McClellan Oscillator for the NASDAQ is probably this: McCQ = EMA($ADDQ,19) - EMA($ADDQ,39); For the NYSE: McC = EMA($ADD,19) - EMA($ADD,39); You do not need the ADVISSUES function because eSignal has taken care of that for you. I may be on thin ice here because I do not subscribe to eSignal and cannot run the code. Let us all know if this worked. Thanks, Howard On Tue, Jan 13, 2009 at 8:41 AM, larypowell <[email protected]>wrote: > I am trying to get McClellan Osc to work with eSignal data > > > > The following formula does not seem to work, any advice would be > appreciate. > > > > /* > > McClellan Oscillator > > */ > > > > > > *Graph0* = EMA( AdvIssues("$advq",(*C*))-DecIssues("$declq",(*C*)), 19 ) - > EMA( AdvIssues("$advq",(*C*))-DecIssues("$declq",(*C*)), 39 ); > > > > > > Thanks, Larry > >
