McGinley Dynamic Technical Analysis and McGinley Dynamic Trading Signals

Developed by John McGinley

McGinley Dynamic aims to overcome the lag of the traditional simple and exponential moving averages, the indicator automatically adjusting itself relative to the speed of the market. Thus its name, dynamic.

The indicator follows price movements closely in both a fast and a slow moving xagusd market.

Silver Technical Analysis and Generating Trade Signals

This indicator is better at avoiding whip-saws compared to the original moving average.

Calculated using the formula:

Dynamic = D1 + (Silver Price - D1) / (N * (Silver Price/D1)^4)

D1 = previous value of Dynamic indicator

N = smoothing factor (of trading price periods)

^ = Power of

Bullish, Buy Signals and Bearish, Sell Signals

McGinley Dynamic should be combined with moving averages to form a system. McGinley Dynamic should be used as the smoothing mechanisms where the moving average is choppy or ranging.

• Bullish, Buy Signal - A buy signal is generated when xagusd price is crosses above the indicator.
• Bearish, Sell Signal - A sell signal is generated when xagusd price is crosses below the indicator.

Analysis in Silver Trading