Abstract The Madden–Julian oscillation (MJO) propagates eastward as a disturbance of mostly zonal wind and precipitation along the equator. The initial diagnosis of the MJO spectral peak at 40–50-day periods suggests a reduction in amplitude associated with slower MJO events that occur at lower frequencies. If events on the low-frequency side of the spectral peak continued to grow in amplitude with reduced phase speed, the spectrum would just be red. Wavelet regression analysis of slow and fast eastward-propagating MJO signals during northern winter assesses how associated moisture and wind patterns could explain why slow MJO events achieve lower amplitude in tracers of moist convection. Results suggest that slow MJO events favor a ridge anomaly over Europe, which drives cool dry air equatorward over Africa and Arabia as the active convection develops over the Indian Ocean. We hypothesize that dry air tracing back to this source, together with a longer duration of the events, leads to associated convection diminishing along the equator and instead concentrating in the Rossby gyres off the equator. Significance Statement The Madden–Julian oscillation (MJO) dominates the subseasonal variability of the tropical atmosphere. This work suggests that it favors maximum convective activity in the 40–50-day period range because lower-frequency MJO signals tend to import more cool dry air from the extratropics and along the equator, thereby weakening the slower events.