What is McClellan Histogram Indicator Buy Signal and Sell Signal?

McClellan Histogram Indicator Buy Signal

How Do I Generate Buy Signal Using McClellan Histogram Indicator

Steps on how to generate buy signals using McClellan Histogram indicator:

This McClellan Histogram indicator buy signal guide explains how to generate buy signals using the McClellan Histogram indicator as illustrated below:

The Histogram is momentum indicator. Signals are generated using the center-line cross over method.

• Bullish signal- Above Zero

There are two fundamental techniques for using this trading indicator to generate trading signals.

Zero-Level Crossover - When the histogram crosses above zero a buy signal is generated.

How to Generate Buy Signals Using McClellan Histogram Indicator

McClellan Histogram Indicator Sell Signal

How Do I Generate Sell Signal Using McClellan Histogram Indicator

Steps on how to generate sell signals using McClellan Histogram indicator:

This McClellan Histogram indicator sell signal guide explains how to generate sell signals using the McClellan Histogram indicator as illustrated below:

The Histogram is momentum indicator. Signals are generated using the center-line cross over method.

• Bearish Signal - Below Zero

There are two fundamental techniques for using this trading indicator to generate trading signals.

Zero-Level Crossover - when the histogram oscillator crosses below zero a sell signal is generated.

How to Generate Sell Signals Using McClellan Histogram Indicator