The McGinley Dynamic indicator is a kind of moving average that was designed in order to track the market in a better way in comparison to the current moving average indicators. It is a technical indicator that enhances the movement of average lines by adjusting for shifts within the market speed.
This technical analysis tool was designed to solve the main issue with moving averages, their reliance on fixed time periods. It helps solve the issue of varying market speeds and provides a more accurate reflection of price action.
The McGinley Dynamic indicator was invented by John R. McGinley, a former editor of the Market Technicians Association’s Journal of Technical Analysis and a Certified Market Technician.
The indicator itself is relatively new. It came from McGinley’s efforts in the 1990s to design a responsive indicator capable of adjusting itself to the market’s speed. Hence, the name “dynamic.” The McGinley Dynamic indicator was first published in the Journal of Technical Analysis in 1997.
Many traders, analysts, and market experts refer to the McGinley Dynamic indicator as “the most reliable indicator, you have never heard of.”
Similar to MAs and other indicators, the McGinley Dynamic isn’t intended to be used on its own. It is advisable for the best results to complement it with other indicators.
Now, integrated as oscillator under v2v dynamic trading system
─ Classic (RSI) McGinley Dynamic Zone
─ Trend Strength Zone (RSX) McGinley Dynamic
McGinley Dynamic Zone (MDZ)
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