Indicators: McGinley dynamic (official)

 

McGinley dynamic (official):

McGinley dynamic (official version - as described by John R. McGinley)

McGinley dynamic (official)

Author: Mladen Rakic

 
Thanks a lot  Mladen , that is very interesting MA 
would be possible to MTF version to your indicator  , and would be possible from coding point of view to add 2 moving average as crossover  
again thanks a lot for you work , clean and perfect 
 

can you add this improvement to the latest all averages indicator for mt4?

 

Hi Mladen,

very interesting, thanks for this indicator.

I would like to use it in my EA, but cant figure out how you change the color and how to retrieve the change of color as a signal for my EA.

Would be really grateful for any hints.

 
irinacfd:

Hi Mladen,

very interesting, thanks for this indicator.

I would like to use it in my EA, but cant figure out how you change the color and how to retrieve the change of color as a signal for my EA.

Would be really grateful for any hints.

To read the colors, just read the values of the array 'valc[]' 

if the value is = 1, it is Green

if the value is = 2, it is OrangeRed


if valc[0] is equal to 2, and valc[1] is equal to 1, then you have a trend changing: from green to red.


based on it, you can easily create your signals to Buy and Sell.

 

Big Thanks Mladen Rakic,

You given a rebirth - fatal to Dynamic. Great!. Instead of so many, this one indicator is enough.

Reason: