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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.
Protected script
This script is published as closed-source. However, you can use it freely and without any limitations – learn more here.
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.