Extra indicators
McGinley Dynamic
A self-adjusting moving average that speeds up when the price runs away from it and slows down when it is close.
Die Idee in einfachen Worten
Fixed-speed averages are too slow in fast markets and too nervous in calm ones. McGinley's line changes its speed with the distance between price and line, so it rarely gets left behind.
So wird gerechnet
Each candle, the line moves towards the close by the gap divided by N × (close ÷ line)⁴. A big gap makes the factor smaller, so the line moves faster.
MD = MD₋₁ + (close − MD₋₁) ÷ (N × (close ÷ MD₋₁)⁴)Anwendung
- As a trend filter and dynamic support or resistance.
- Instead of an EMA where you want fewer whipsaws.
Schlüsse ziehen
- Price above a rising McGinley line: uptrend; below a falling one: downtrend.
Beispiel
US500 daily: after a sharp sell-off the McGinley line catches up with the price within a few days, while a 14-day SMA is still far above.
Kurse in Beispielen dienen der Veranschaulichung.
Worauf man achten sollte
- The line is smooth, not predictive: wait for the price to confirm a break.
Ein wenig Geschichte
Created by John R. McGinley, a market technician, and published in 1990.
Nur Bildungsinhalte. Kein Indikator und kein Muster sagt die Zukunft voraus, und nichts hier ist eine Anlageberatung.