CFDs are complex instruments and come with a high risk of losing money rapidly due to
leverage. You should consider whether you understand how CFDs work and whether you can afford to take
the high risk of losing your money.
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Relatively straight forward indicator that uses the McGinley Dynamic Moving Average to highlight the trend of the Crypto. The McGinley Dynamic MA is commonly regarded as one of the most efficient and stable Moving Averages (as it reduces the noise).
The Crypto McGinley Dynamic MA Indicator allows the user to identify trends with a reduction in the whipsaw of usual Moving Averages. In the Experts > Properties screen, you will be able to choose the MA period, the colour of the trend.
To activate the indicator on a chart, please ensure that you can see Navigator on the left hand side of the MT4 platform (View > Navigator). Drag and drop the indicator on to a Crypto chart and now it will be activated