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.

用通俗的话解释

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.

计算方法

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)

如何使用

As a trend filter and dynamic support or resistance.
Instead of an EMA where you want fewer whipsaws.

得出结论

Price above a rising McGinley line: uptrend; below a falling one: downtrend.

示例

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.

示例中的价格仅作说明。

注意事项

The line is smooth, not predictive: wait for the price to confirm a break.

一点历史

Created by John R. McGinley, a market technician, and published in 1990.

仅供学习参考。没有任何指标或形态能预测未来，本页内容均不构成投资建议。