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?
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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?Tags: None
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Hello cryptochef,
You can find the McGinley Dynamic indicator for NinjaTrader 8 here: https://ninjatraderecosystem.com/use...mic-indicator/
ThanksMichael M.NinjaTrader Quality Assurance
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