The McGinley Dynamic indicator is 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.
Included:
- Various average modes to fine-tune the signal
This is an exact clone of the McGinley Dynamic MT4 indicator
For all the McGinley enthusiasts out there, this is my improved version of the "McGinley Dynamic", originally formulated and publicized in 1990 by John R. McGinley, Jr. Prior to this release, I recently had an encounter with a member request regarding the reliability and stability of the general algorithm. Years ago, I attempted to discover the root of it's...
McGinley Dynamic is a technical indicator developed by a market technician, R. McGinley in 1997
I based my indicator from code by everget so you should go follow him if you aren't already!
I had issues with the default version of this indicator using different lengths so this is my fix for those issues. This follows the price very closely especially when the...
I recently found out about McGinley dynamic and its capability to respond better to market's speed changes when compared with EMA. I was doing some tests on previous charts and I've noticed that according with the risk you want to take there are different intervals which can suits you. For example MG3 is very responsive, I've noticed that it's better if you want...
![EURUSD: McGinley Dynamic [Loxx]](https://s3.tradingview.com/v/VeZXXVou_mid.png "McGinley Dynamic [Loxx]")
