McGinley Dynamic
The McGinley Dynamic looks like a moving average line but is a smoothing mechanism for prices that adjusts to shifts in market speed. This minimizes lag and avoids whipsaws, tracking the market far better than standard moving averages.
MCGINLEY
=MCGINLEY(data, period) Example Usage
=MCGINLEY(A2:F500, 14)
Parameters
| Parameter | Type | Description | Status |
|---|---|---|---|
data | Range | The input range of columns containing the Date, Open, High, Low, Close, and Volume data. | Required |
period | Number | The lookback period. Default is 14. | Optional |
Returns
A two-column array of dates and their corresponding McGinley Dynamic values.