OPEN-SOURCE SCRIPT
McGinley Dynamic Band DT
This indicator consists of 2 x McGinley Dynamic moving averages with the ability to fill the area between the 2 MA lines.
The McGinley Dynamic MA is a very powerful tool that has many applications and can be a great addition to a traders arsenal if you're interested in it I suggest doing a bit of research.
I personally use this indicator in addition to the other indicators in my algorithm as a method of filtering out ranging trades, thus I will not enter a trade if the price is within the colour filled area
When using this indicator don't forget to adjust the inputs to find the best settings to suit your trading method, timeframe and personality.
The source code is available to use and modify as you wish.
Enjoy
The McGinley Dynamic MA is a very powerful tool that has many applications and can be a great addition to a traders arsenal if you're interested in it I suggest doing a bit of research.
I personally use this indicator in addition to the other indicators in my algorithm as a method of filtering out ranging trades, thus I will not enter a trade if the price is within the colour filled area
When using this indicator don't forget to adjust the inputs to find the best settings to suit your trading method, timeframe and personality.
The source code is available to use and modify as you wish.
Enjoy
开源脚本
本着真正的TradingView精神，此脚本的作者已将其开源，以便交易者可以理解和验证它。向作者致敬！您可以免费使用它，但在出版物中重复使用此代码受网站规则约束。 您可以收藏它以在图表上使用。
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