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McGinley Dynamic

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    McGinley Dynamic

    An imposing name. The indicator appears in the March 2010 issue of S & C Magazine. I could not see it in Fig 4 where we are told it is shown, so thought I'd code it.
    It seems to be all but identical to an EMA of the same period, just diverging a little at peaks and troughs, although I have only tried it on index futures. Perhaps it does something more on FX charts? Perhaps someone will enlighten me? Or have I made a coding error?
    Attached Files

    #2
    Thanks for sharing, will need to play with it a little here...looks like it just adds a momentum factor to the EMA, so reminds me of the ZLEMA approach here from Ehlers...

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      #3
      Any update on this Indicator for NT8?

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        #4
        Hello cryptochef,

        You can find the McGinley Dynamic indicator for NinjaTrader 8 here: https://ninjatraderecosystem.com/use...mic-indicator/

        Thanks
        Michael M.NinjaTrader Quality Assurance

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