PROTECTED SOURCE SCRIPT
McClellan Summation Index (MSI)
Description for McClellan Summation Index (MSI):
The McClellan Summation Index (MSI) is a cumulative indicator based on the McClellan Oscillator, designed to measure long-term market trends for the top 125 cryptocurrencies by market capitalization.
The MSI provides a broader view of the market trend, with rising values indicating bullish conditions and falling values indicating bearish conditions. It's particularly useful for analyzing the long-term trend direction and potential market reversals.
investopedia.com/terms/m/mcclellansummation.asp
Note,
* Updated manually
* No midline
The McClellan Summation Index (MSI) is a cumulative indicator based on the McClellan Oscillator, designed to measure long-term market trends for the top 125 cryptocurrencies by market capitalization.
The MSI provides a broader view of the market trend, with rising values indicating bullish conditions and falling values indicating bearish conditions. It's particularly useful for analyzing the long-term trend direction and potential market reversals.
investopedia.com/terms/m/mcclellansummation.asp
Note,
* Updated manually
* No midline
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.