BA
Information
| Username: | BartNL |
| Member since: | 10 May 2021 |
| Last login: | 10 May 2021 |
| Status: | Active |
Activity
| Where | Created | Comments |
|---|---|---|
| Algorithms | 1 | 4 |
| Forum Topics | 1 | 0 |
| Jobs | 0 | 0 |
Last Algorithm Comments
BA
The description of the MetaTrader version https://stonehillforex.com/2022/01/mcginley-dynamic-indicator-as-a-baseline-indicator/
BA
The metatrader version of the McGinley Dynamic indicator includes a moving average of selectable type and a "constant" parameter that seems to blend the actual McGinley with the moving average (SMA, EMA,Weighted, etc)
Does anyone have an idea what the MetaTrader version is doing so I can reproduce it exactly on cTrader?
BA
Thanks for the update, but I just saw an SSL indicator has already been published. So I think I just remove mine.
This is what I found in the MT McGinley Dynamic source code:
mcg[i] = ma[i+1]+(price-ma[i+1])/(McgConstant*McgPeriod*MathPow(price/ma[i+1],4));
Where ma = the moving average over selected price (default Close)
mcg = the computed output
The indices are in reverse order: higher indices go back in time.
Note that the MT version is not McGinley at all, not even McGinley computed over a moving average, because the term mcg[i+1] is missing on the right side.