| APR 1993
Traders' Tips
TRADERS' TIPS r ADVANCE-DECLINE LINE AND MCCLELLAN STUDIES I am frequently asked by new MetaStock users how to create the advance-decline line and McClellan studies in MetaStock. The procedure for doing this has changed for users who have upgraded to MetaStock 3.0, so I will explain how to create these market timing studies in MetaStock Professional 3.0. The first step is to collect data for advancing issues and declining issues using two separate files. Next, create a composite security for these files. This is accomplished from the File Maintenance menu. To access the File Maintenance menu, press [F] or use the File/Data pulldown menu. Select [A]dd and [C]omposite security from the File Maintenance menu. Choose adv issues for the first composite security and dec issues as the second. Name the composite and choose subtraction as the operator.
by Technical Analysis, Inc.
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.