PROTECTED SOURCE SCRIPT
McGinley River Pro (Luis Casal)
McGinley River Pro is a volatility-adaptive trend indicator designed to help traders identify market transitions between contraction and expansion phases.
The indicator is built around the McGinley Dynamic line, surrounded by adaptive upper and lower bands forming a “river” that represents market noise.
When price remains inside the river, conditions are typically range-bound or consolidating.
When price breaks outside, it often signals the beginning of a strong directional trend.
A special Squeeze Detection System highlights periods of decreasing volatility — when the river narrows — marking potential setups before expansion moves.
Features:
• Adaptive McGinley Dynamic smoothing
• Volatility-based upper & lower river bands
• Visual trend coloring and bar painting
• Squeeze marker for early range compression detection
• Alerts for trend shifts and river breakouts
Use McGinley River Pro to spot quiet periods before volatility returns and to confirm the strength of developing trends. Works on all assets and timeframes.
The indicator is built around the McGinley Dynamic line, surrounded by adaptive upper and lower bands forming a “river” that represents market noise.
When price remains inside the river, conditions are typically range-bound or consolidating.
When price breaks outside, it often signals the beginning of a strong directional trend.
A special Squeeze Detection System highlights periods of decreasing volatility — when the river narrows — marking potential setups before expansion moves.
Features:
• Adaptive McGinley Dynamic smoothing
• Volatility-based upper & lower river bands
• Visual trend coloring and bar painting
• Squeeze marker for early range compression detection
• Alerts for trend shifts and river breakouts
Use McGinley River Pro to spot quiet periods before volatility returns and to confirm the strength of developing trends. Works on all assets and timeframes.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.