ClearPath Trader

McClellan Summation Index

Cumulative total of the McClellan Oscillator. Tracks longer-term breadth trends and major turns.

Category: Breadth · Complexity: ★★★☆☆ (3/5)

Tags: breadth, study-card, price

Study card — educational illustration only (no live overlay in Charts).

McClellan Summation Index chart illustration

Formula

McClellan Summation Index is computed from price, volume, breadth, or macro prints depending on class (Breadth). See the description for the defining inputs.

How to read

Read McClellan Summation Index as a labeling tool: it describes a condition (trend, stretch, participation, or macro). Confirm with price structure, not the indicator alone. This entry is a study card — not every encyclopedia model has a live chart overlay.

Limitations

McClellan Summation Index can lag, repaint (some drawings), or stay extreme in trends. It is not financial advice and not a broker signal.

Typical settings

Use the author's original defaults first; change one parameter at a time.

McClellan Summation Index is part of the ClearPath Encyclopedia of Indicators — 190 models explained with standard SVG illustrations, so you can study an indicator before you put it on a live chart.

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