FTB-C000025 / Implementation concept

Ready Point

The first eligible observation at which every state required for an indicator output has been initialized.

Also known asFirst ready observation

Definitions

In plain terms

The ready point is the first row where the calculation has enough accepted history to return a complete value instead of a warm-up status.

Technical

For a multi-state recursive calculation, the ready point is the earliest eligible index where all component initialization predicates are true and the output contract permits a numeric result.

Scope

This is a software-output boundary chosen by the package; a vendor may expose partial or differently seeded values earlier.

Examples

  • If both McClellan trends require 39 accepted observations, the oscillator first becomes ready on the 39th accepted observation.

Common misconceptions

  • The ready point does not prove that an indicator is predictive or statistically stable.

Concept relationships

Where this concept is used

Evidence and governance

  1. Calculating the McClellan Oscillator McClellan Financial Publications · first party methodology

    Supports: variant distinction

    Limits: Does not prescribe one universal initialization, missing-session, revision-resolution, rounding, or software interface policy.

Reviewed by
fintech-builder-owner-approved
Last reviewed
2026-07-26
Next review
2027-07-26
Record status
published