What Is The McGinley Dynamic Indicator & How To Trade With It

McGinley Dynamic Indicator

The McGinley dynamic indicator was developed by J. McGinley in the year 1990 and is used as a moving average. The indicator can be used to help filter trading signals as part of an overall forex trading strategy. It can also be applied to other markets including stocks, commodities, indices, cryptocurrencies and more. What is the McGinley Dynamic Indicator? Volume and volatility components with the addition of the McGinley Dynamic Indicator to help mitigate the negative effects of accelerating or slowing markets. His formula is specifically aimed at capturing the effect of changes in market characteristics on the trend line. …READ MORE