OPEN-SOURCE SCRIPT

McGinley Dynamic Fixed

Ignores first x amount of bars to include in the calculation to prevent McGinley Dynamic from staying a flat line.

Usage:

The length is equal to 60% of regular length, for ex. 30EMA is input as 18 length
Trend tool, not ideal as a signal tool
MCGMcGinley DynamicMoving Averages

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.

Want to use this script on a chart?


My published indicators: tradingview.com/u/NeoButane/

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