McGinley Dynamic Silver Technical Analysis & McGinley Dynamic Trading Signals

Developed by John McGinley

McGinley Dynamic aims to overcome the lag of the traditional simple and exponential moving averages, the indicator automatically adjusting itself relative to the speed of the xagusd market. Thus its name, dynamic.

The indicator follows xagusd trading price movements closely in both a fast and a slow moving xagusd market.

Silver Technical Analysis & Generating Trading Signals

This silver technical technical indicator is better at avoiding whip-saws compared to the original moving average.

Calculated using the formula:

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

D1 = previous value of Dynamic technical indicator

N = smoothing factor (of xagusd trading price periods)

^ = Power of

Bullish, Buy XAGUSD Trading Signals and Bearish, Sell Trading Signals

McGinley Dynamic should be combined with moving averages to form a xagusd system. McGinley Dynamic should be used as the smoothing mechanisms where the moving average is choppy or ranging.

• Bullish, Buy Silver Signal - A buy silver signal is generated when xagusd trading price is crosses above the indicator.
• Bearish, Sell Silver Signal - A sell silver signal is generated when xagusd trading price is crosses below the indicator.

Technical Analysis in Silver Trading