McClellan Summation Osc (MO)

Description for McClellan Oscillator (MO):

The McClellan Oscillator (MO) is a momentum indicator that helps gauge the strength of price movements in the cryptocurrency market, specifically among the top 125 coins by market capitalization. It is calculated as the difference between two exponential moving averages (EMAs) of the difference between advancing and declining coins.

The oscillator fluctuates around a zero line, with positive values indicating an upward market trend and negative values indicating a downward trend. It helps traders identify market turning points and gauge the momentum behind market movements.

investopedia.com/terms/m/mcclellanoscillator.asp

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Updated manually.