Add McGinley Dynamic EMA

  • This indicator solves the issue of varying market speeds by incorporating an automatic adjustment factor into its formula, which speeds (or slows) the indicator in trending, or ranging, markets.

  • The McGinley Dynamic indicator improves upon conventional moving averages by minimizing price separations and volatile whipsaws so that price action is more accurately reflected.

I use this everyday on every chart and it is far better than a standard ema. TradingView has one so should be easy to incorporate into TopStepX

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Upvoters
Status

In Review

Board

πŸ’‘ Feature Request

Tags

Indicators

Date

About 2 years ago

Author

STEPHEN (Las Vegas Guy)

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