Auto-Lensed MACD + Z-Score v8.2The AL-MACD represents a departure from static technical analysis. While traditional oscillators use fixed mathematical constants, this indicator treats the market as a living, breathing cycle that requires a dynamic "Lens" to view clearly.
1. The Core Innovation: The Adaptive Lens
Standard MACDs are often "too fast" in volatile markets (causing noise) or "too slow" in trending markets (causing lag).
How it works: The script constantly measures the distance between recent price pivots to determine the Market Tempo.
The Result: It automatically recalculates its own Fast, Slow, and Signal lengths. If the market cycle compresses, the MACD tightens to catch the move; if the cycle expands, the MACD smooths out to avoid fakeouts.
2. Statistical Extremity (Z-Score Integration)
We integrated a price-based Z-Score (Standard Deviation) logic to provide a "Mean Reversion" layer.
Normalization: The Z-Score is normalized to the MACD scale so that the threshold bands breathe with the momentum.
Exhaustion Coloring: The histogram turns Aqua or Magenta when the price is statistically overextended (sigma>2.0 SD). This tells you a move is "out of breath" even before a reversal begins.
3. Signal Intelligence & Noise Reduction
To solve the "dot cluster" problem common in divergence indicators, we implemented a Quiet Build architecture:
ATR Magnitude Filter: Divergences are ignored if the price move between pivots is too small to be significant.
Signal Cooldown: A mandatory "rest period" (default 15 bars) prevents the script from firing repeated signals during a slow grind.
Slope Filter: Ignores signals if the MACD momentum is essentially flat.
4. Visual Interface & Dashboard
The Dashboard: Provides a real-time "Flight Deck" including Lens Speed, Price Z-Score, and current Adaptive Lengths.
Timeframe Recommendations: A dynamic "Rec Pivot" feature that tells the user exactly which structural settings to use based on the current chart interval (15s vs. Daily).
Sniper Alerts: A confluence-based alert system that only triggers when a Divergence meets a Z-Score extremity—the "A+ Setup."
5. Strategy Cheat Sheet
Signal
Market Context
Action
Histogram Color Shift
Z-Score sigma> 2.0
Alert: Market is overextended.
"R" Triangle + Magenta/Aqua
Divergence at Extremity
Entry: High-conviction mean reversion (The Sniper).
Rising Lens Speed
Cycle lengths are increasing
Wait: Market is entering a slow, trending grind.
Falling Lens Speed
Cycle lengths are decreasing
Prep: Volatility is coiling; expect a fast move.
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