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McGinley Dynamic

http://fxcodebase.com/code/viewtopic.php?f=17&t=2950

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McGinley Dynamic

PostPosted: Tue Dec 14, 2010 3:43 am
by Apprentice
gcgd.png


The McGinley Dynamic (MD) technical indicator was designed by John R. McGinley.

McGinley considered that moving averages should not be used as trading systems or signal generators, but instead, they should be used as smoothing mechanisms.

MD tracks price better than any moving average.

McGinley Dynamic Formula ( The formula differs from the standard).
Yesterday's EMA + (Today's close - Yesterday's EMA) / (Today's close / Yesterday's EMA * 125)
MCGD.lua
(2.41 KiB) Downloaded 1228 times

USDSEK H1 (01-11-2018 1057).png

Multi Time Frame McGinley Dynamic.lua
(6.59 KiB) Downloaded 547 times


MT4/MQ4 version.
viewtopic.php?f=38&t=65619&p=116950#p116950

The indicator was revised and updated

Re: McGinley Dynamic

PostPosted: Wed Feb 01, 2017 7:34 am
by Apprentice
Indicator was revised and updated.

Re: McGinley Dynamic

PostPosted: Thu Jan 11, 2018 6:47 am
by Apprentice
Multi Time Frame McGinley Dynamic.lua added.
All times are UTC - 5 hours
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