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Advance / Decline Line
McClellan Oscillator
McClellan Summation Index
Advance / Decline Volume Line
McClellan Volume Oscillator
McClellan Volume Summation Index
Advance / Decline Ratio
Arms Index
New Highs - New Lows
 The McClellan Oscillator (MO) is a market breadth indicator that is based on the smoothed difference between the number of advancing and declining issues. It generally reflects money coming into the market when positive and it portrays money leaving the market when negative. Divergences in the McClellan Oscillator can help chartists identify potential reversals in the underlying index.



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