I don't like to trade the McClellan personally but use it as
sentiment. Maybe on really strong spikes but otherwise I will
use something else or had a bias that the McClellan just
intensifies. Otherwise being overbought does create
cautionbut sometimes a small decline in the market
provides a decent pull back in the Osc and it essentially
recycles.
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I don't like to trade
McClellan Oscillator
Posted by tom on 2nd of Oct 2012 at 02:07 pm
I don't like to trade the McClellan personally but use it as sentiment. Maybe on really strong spikes but otherwise I will use something else or had a bias that the McClellan just intensifies. Otherwise being overbought does create cautionbut sometimes a small decline in the market provides a decent pull back in the Osc and it essentially recycles.