WHAT IS THE MCGINLEY DYNAMIC SUPERIOR INDICATOR AND WHAT DO I GET FROM THE DOWNLOAD?
The McGinley Dynamic indicator is a variant of moving average that was created to follow the market more accurately than other moving average indicators. It is a technical indicator that corrects for changes in market speed to outperform moving average lines. The McGinley Dynamic indicator was created by market specialist John R. McGinley. Because of the formula, the Dynamic Line travels more slowly in up markets and faster in down markets while following prices. In a declining market, one wants to move quickly to sell, while one wants to ride an up market for as long as possible.
OUR MCGINLEY DYNAMIC INDICATOR: GREAT FEATURES FOR EASY TRADING
Download the McGinley Dynamic Superior Indicator by Devside Trading for NinjaTrader 8 today!
✅ Plots the McGinley Dynamic Line
✅ Helps to determine trends
✅ Suitable for all types of traders and investors
✅ Easily set up
✅ Full customization including colours
✅ Fully compatible with NinjaTrader 8
✅ Premium features: Arrow Markers, Sound Alerts, Signals
✅ Drawing arrow marker when the trend direction changes
✅ The following states : Signal State = 1 for uptrend, Signal State = -1 for downtrend
✅ Sound Alerts: Set sound alerts for when the trend direction changes
✅ Email Alerts: Receive alerts via Mail for when the trend direction changes
✅ PopUp Alerts: Display alerts as popup window for when the trend direction changes
✅ Smoothing Method: Select from 1 of top 9 moving averages to further smooth the McGinley Dynamic plot
✅ Bar coloring: Enables bar coloring for when the trend direction changes
INCLUDE THE MCGINLEY DYNAMIC INDICATOR IN YOUR STRATEGY AND CHECK FOR RECENT TREND CHANGES!
The market's pace fluctuates; it regularly accelerates and decelerates. This market feature is not taken into consideration by conventional moving averages like the simple moving average or the exponential moving average. This issue is resolved by the McGinley Dynamic indicator's algorithm, which automatically smoothes out market fluctuations. In markets that are trending or ranging, this accelerates or retards the indication.
Although traders may use the line to decide whether to buy or sell, McGinley's original goal for his indication was to decrease the latency between the indicator and the market. He reasoned that a quicker tracking moving average would be more reliable in producing trading signals.
CHECK OUT OUR OTHER USEFUL TREND INDICATORS FOR NINJATRADER AND MORE!
With the McGinley Dynamic Superior Indicator download you are using one of the most reliable techincal analysis tool, but be sure to check out our other indicators:
The MA Crossover Indicator is used by technical analysts to predict the performance of stocks. The majority of models' crossover signals signify an appropriate opportunity to buy or sell the underlying asset. A crossover occurs when numerous indicators, an indicator, and a price cross and overlap.
Regardless of experience level, the QQE indicator is a need for everyone using NinjaTrader to trade. The QQE is more flexible than one-line momentum indicators like the RSI and CCI because it has two lines: the smoothed RSI and the sluggish trailing line. You may download the QQE Indicator to receive an indicator that displays trend changes and directions.
DEVSIDE TRADING: DOWNLOAD THE MCGINLEY DYNAMIC SUPERIOR INDICATOR FOR NINJATRADER AND MORE!
Add the McGinley Dynamic Indicator to your shopping cart to receive all of its benefits, including trend changes and alerts. You can choose one of our many secure payment options after entering the necessary information during checkout.
We will then send you a confirmation email with an activation code, allowing you to securely download the McGinley Dynamic Superior Indicator. Interested?
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