OPEN-SOURCE SCRIPT
Updated McGinley Dynamic FAN
McGinley Dynamic Fan (10+20+30+40+50+60+100+200)
Release Notes
Changed the colors and default values. Multiples of 15 seem to be working great, especially on lower timeframesRelease Notes
Made some changes to the default values of the McGinley moving averages.The values that seem to work the absolute best are 13, 25, 50 and 100.
I kept the remaining ones, with default white colors in case anyone wants to experiment with different values and customise them to their liking.
The only ones I use personally are the 13, 25 and 50.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.