Trade Bitcoin Trading

McGinley Dynamic Bitcoin Analysis & McGinley Dynamic Signals

Developed by John McGinley

McGinley Dynamic tries to fix the delay of the standard simple and exponential moving averages, as the indicator changes on its own based on how fast the bitcoin market is moving. That's why it's called dynamic.

The indicator closely tracks bitcoin price movements, whether in a fast or a slow-moving bitcoin market.

McGinley Dynamic Technical Indicator - Analysis of McGinley Dynamic BTCUSD Indicator

Bitcoin Crypto Currency Analysis & Generating Signals

This btcusd technical indicator is better at preventing false signals than the original moving average that was compared.

Using the following formula to determine:

Dynamic = D1 + (Bitcoin Price - D1) / (N * (Bitcoin Price/D1)^4)

D1 Equals the Prior Dynamic Indicator Value

N = smoothing out factor (of bitcoin price periods)

^ = Power of

Bullish, Buy Bitcoin Signals and Bearish, Sell Signals

McGinley Dynamic should be combined together with moving averages to form a strategy. McGinley Dynamic should be used as the smoothing mechanisms where the MA is choppy or ranging.

  • Bullish, Buy Bitcoin Signal - A buy cryptocurrency signal gets generated when bitcoin price is crosses above the indicator.
  • Bearish, Sell Bitcoin Signal - A sell cryptocurrency signal is generated/derived when bitcoin price is crosses below the trading indicator.

McGinley Dynamic Indicator for Bitcoin - Analyzing BTC/USD with McGinley Dynamic

Analysis in BTC USD Crypto Trading

Discover More Directions & Instructional Material:

Bitcoin Broker