McGinley Dynamic Indicator

This is a strategy based on the Mcginley Dynamic Moving Average indicator, a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed.

Moving averages used:

EMA: 21
EMA: 42

The chart used for the backtest was the Bovespa Futures Index (WIN1! Continuous: current contract in front)


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