Trade with McGinley Dynamic Indicator
McGinley Dynamic Indicator is a technical analysis tool that aims to solve the problem inherent in all moving averages — their reliance on fixed time periods. McGinley takes into account speed changes in the market (hence, its name). This indicator is not to be used on its own for the purposes of receiving trading signals, rather it should complement other indicators. The logic behind In order to understand why McGinley Dynamic is so special, let’s first take a look at how conventional moving averages operate. A 10-period simple moving average takes 10…
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