McGinley Dynamic Indicator — Strategy by LucasZancheta
By LucasZancheta
Performance Metrics
- Author: LucasZancheta
- Symbol: BMFBOVESPA:WIN1!
- Timeframe: 5 minutes
- Net P&L: +768.00 NONE (+0.77%)
- Win Rate: 83.0%
- Profit Factor: 1.256
- Max Drawdown: 372.00 NONE (0.37%)
- Total Trades: 223
- Sharpe Ratio: 0.071
Description
This is a strategy based on the Mcginley Dynamic Moving Average indicator, a type of moving average that was designed to track the market better than existing moving average indicators. It is a technical indicator that improves upon moving average lines by adjusting for shifts in market speed. Moving averages used:EMA: 21EMA: 42The chart used for the backtest was the Bovespa Futures Index (WIN1! Continuous: current contract in front)