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McGinley Dynamic Apply Oscillator

What McGinley Dynamic Apply Oscillator?
By understanding how McGinley Dynamic work, and calculate its change% then comparing those value to lasted change%, McGinley Dynamic Apply Oscillator was created
McGinley Dynamic Apply Oscillator, use 2 McGinley Dynamic apply with multiple MA Choice including : ALMA EMA HMA SMA SMMA(RMA) SWMA VWMA LSMA and ZLASMA and plot those data out in to 2-line, Short Length and Long Length
The signal can be created by Short Length line crossing Long Length Line. In the background, there are 4 color bar chart which define 4 meaning :

Blue : The difference between Short and Long Length line are increasing and be in + value
Light Blue : The difference between Short and Long Length line are decreasing and be in + value
Yellow/Orange : The difference between Short and Long Length line are increasing and be in - value
Red : The difference between Short and Long Length line are decreasing and be in – value

What made McGinley Dynamic Apply Oscillator?
  • McGinley Dynamic
  • MA Concept
  • Supertrend Direction Concept

Used of McGinley Dynamic Apply Oscillator
  • can be use as the confirmation indicator if trader apply the indicator to any trading strategy which already have trend identifier Indicator
  • can also be use as trend changer/switcher indicator
Script protetto
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