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The McClellan oscillator is a powerful charting tool indeed, one of the all time greats in technical analysis. Founded by the McClellan family, Tom carried on the family tradition in charting and is doing some top rate work. I've been using this indicator as one of my tools for a number of years. But Tom recently came out with one of his email newsletters explaining this a little bit clearer than I've been using the indicator. There are two ways of properly using this indicator according to Tom. He calls it a simple and complex method. I lean towards doing this in simple ways in trading and Tom seemed to go this way as well in this case. Trend lines can be drawn on the indicator by following a series of lower highs on the chart. It's simple, when the indicator breaks out of this trend, it's bullish. I'm breaking my own trend on the channel a little bit and posting an instructional video. I hope you like it as it'll be a part of a playlist and hopefully the first of many. Credit to Tom McClellan's Free "Chart in Focus" material which inspired some of the content in this video. It's highly recommended, also consider some of his paid services! Clockwork Charts Podcast form of video: https://anchor.fm/neil33 https://anchor.fm/s/e13f034/podcast/rss Patreon: https://www.patreon.com/clockworkcharts Twitter: https://twitter.com/clockworkcharts Instagram: https://www.instagram.com/clockwork_charts #nosmallcreator #technicalanalysis