McClellan Oscillator
A breadth indicator derived from each day's net advances (the number of advancing issues less the number of declining issues). Similar to MACD, the McClellan Oscillator is a momentum indicator that is applied to the advance/decline statistics. As a momentum indicator, the McClellan Oscillator attempts to anticipate positive and negative changes in the AD statistics for market timing. Buy and sell signals are generated as well as overbought and oversold readings. Traders may also look for positive or negative divergences to time their trades.
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Non-FictionHow to make money with share market or stock market! This book is dedicated to idiotic brother Sachin ! 😂 Thanks to @tomboy_16 for amazing cover! 😊
