McGinley Dynamic
Moving averagesOverlays priceAn average that lengthens its own stride when price moves fast.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
The further price runs from the line, the harder the line catches up, so it does not stay far behind after a sharp move. In quiet stretches it looks like an ordinary average.
Where it misleads
Right after a spike the line is being dragged along, so it is not acting as support there.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- Volume weighted MA (VWMA)An average that gives heavy-volume days more say.
- Zero-lag EMA (ZLEMA)An average that pushes the input forward first to cancel out the delay.
- Tillson T3An average that trades smoothness for speed through a single dial.
- Variable Index Dynamic Average (VIDYA)An average that speeds up as the direction of price becomes clearer.
- MedianThe middle value of the recent window, joined into a line — not an average.
- VWAP (anchored)The average price actually traded since the anchor point.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.