McGinley Dynamic

Category: trend

A technical indicator designed to track the market more accurately than a standard moving average by adjusting for speed changes in the market.

Formula

MD_i = MD_{i-1} + \frac{Price - MD_{i-1}}{N \cdot (\frac{Price}{MD_{i-1}})^4}

See signal primitives and every published strategy that uses McGinley Dynamic on WOBR StrategyVerse.