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Zero Lag MACD Enhanced - Version 1.1ENHANCED ZERO LAG MACD Version 1.1 Based on ZeroLag EMA - see Technical Analysis of Stocks and Commodities, April 2000 Original version by user Glaz. Thanks ! Ideas and code from @yassotreyo version. Tweaked by Albert Callisto (AC) New features: Added original signal line formula Added optional EMA on MACD Added filling between the MACD and signal line I looked at other versions of the zero lag and noticed that the histogram was slightly different. After looking at other zero lags on TV, I noticed that the algorithm implementation of Glanz generated a modified signal line. I decided to add the old version to be compliant with the original algorithm that you will find in other platforms like MT4, FXCM, etc. So now you can choose if you want the original algorithm or Glanz version. It's up to you then to choose which one you prefer. I also added an extra EMA applied on the MACD. This is used in a system I am currently studying and can be of some interest to filter out false signals.
Pine Script® indicator
by albert.callisto
5
MACD-V+MACD-V+ Indicator - Advanced Momentum Analysis The MACD-V+ indicator is an enhanced version of the volatility-normalized MACD methodology developed by Alex Spiroglou. This approach addresses critical limitations of traditional MACD through ATR-based volatility normalization, providing comparable values across time and markets. What is MACD-V? MACD-V applies Average True Range (ATR) normalization to traditional MACD, creating a universal momentum indicator that works consistently across all markets and timeframes. The methodology was developed through extensive statistical research analyzing multiple markets and timeframes. Formula: × 100 This normalization transforms MACD from price-dependent values into standardized momentum readings. Traditional MACD Limitations Limitation 1: Non-Comparable Values Across Time Traditional MACD values cannot be compared across different time periods due to varying price levels. S&P 500 maximum MACD was 1.56 in 1957-1971, but reached 86.31 in 2019-2021 - not indicating 55x stronger momentum, but simply different price scales. Solution: MACD-V provides comparable historical values where a reading of 100 today has the same mathematical meaning as 100 in any previous period. Limitation 2: Non-Comparable Across Markets Traditional MACD cannot compare momentum between different assets. S&P 500 MACD of 65 versus EUR/USD MACD of -0.5 reflects price differences, not relative strength. Solution: MACD-V creates universal levels that work across all markets. The ±150 extreme levels apply consistently whether analyzing stocks, bonds, commodities, or currencies. Limitation 3: No Objective Momentum System Traditional MACD lacks universal overbought or oversold level definitions, making systematic analysis difficult. Solution: MACD-V provides an objective 7-stage momentum lifecycle system with clearly defined zones and state transitions. Limitation 4: Signal Line False Signals In low momentum environments, traditional MACD generates multiple false signals as the line oscillates near zero. Solution: MACD-V filters signal quality by identifying neutral zones (-50 to +50) where signal reliability is lower. Limitation 5: Signal Line Timing Lag During extreme momentum, traditional MACD signal line lags significantly due to large separation from the MACD line. Solution: MACD-V anticipates timing issues in extreme momentum environments (±150) through zone-based analysis and lifecycle states. Universal Application MACD-V+ works across: Individual Stocks Forex Pairs Commodity Futures Cryptocurrencies All Timeframes Key Features Zone System Overbought Zone: Above +150 (extreme bullish momentum) Rally Zone: +50 to +150 (strong bullish momentum) Ranging Zone: -50 to +50 (neutral/low momentum) Rebound Zone: -50 to -150 (strong bearish momentum) Oversold Zone: Below -150 (extreme bearish momentum) 7-Stage Lifecycle States Ranging: Neutral momentum in -50 to +50 zone Rallying: Rally zone + MACD above Signal + rising momentum Overbought: Extreme zone above +150 Retracing: Rally zone + MACD below Signal (pullback from overbought) Reversing: Rebound zone + MACD below Signal + falling momentum Oversold: Extreme zone below -150 Rebounding: Rebound zone + MACD above Signal (recovery from oversold) Visual Status Display Real-Time State Table: Shows current lifecycle state name Color-Coded States: Blue (Rallying/Rebounding), Red (Overbought/Oversold), Orange (Retracing/Reversing), Gray (Ranging) Strength Multiplier: Live histogram strength indicator (e.g., "x 1.45") Enhanced Features (Plus) Absolute Histogram MA: ATR-length moving average of absolute histogram values for strength measurement Direction-Aware Display: MA line follows histogram sign (positive above 0, negative below 0) Strength Multiplier: Current momentum vs. average strength ratio (always positive value) Histogram Extreme Levels: Short-term overbought/oversold (±40) for pullback detection Chart Legend - Visual Signal Guide Lines and Histogram 🔵 Blue Line: MACD-V value (ATR-normalized momentum) 🟠 Orange Line: Signal line (9-period EMA of MACD-V) 📊 Histogram Bars: MACD-V minus Signal line (momentum differential) Histogram Colors: Green shades (positive momentum), Red shades (negative momentum) 🟡 Yellow Line: Dynamic MA of absolute histogram values (follows histogram sign) Background Colors 🟥 Light Red Background: Extreme overbought zone (MACD-V > +150) 🟩 Light Green Background: Extreme oversold zone (MACD-V < -150) Horizontal Reference Lines ➖ +150 (Gray Dashed): Overbought extreme level ➖ +50 (Gray Dashed): Rally zone entry level ➖ 0 (Gray Solid): Zero line - trend separator ➖ -50 (Gray Dashed): Rebound zone entry level ➖ -150 (Gray Dashed): Oversold extreme level Optional Histogram Levels ➖ +40 (Yellow Dashed): Histogram short-term overbought ➖ -40 (Yellow Dashed): Histogram short-term oversold Status Table 📋 Top-Center Table: Current lifecycle state display State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING Histogram Warning: Short-term overbought/oversold alerts (±40 levels) State Label 📊 Label at MACD/Signal Midpoint: Current lifecycle state with strength analysis State Name: RANGING / RALLYING / OVERBOUGHT / RETRACING / REVERSING / OVERSOLD / REBOUNDING Strength Multiplier Interpretation: - Strong acceleration (>1.75): Powerful momentum, trend continuation likely - Moderate progression (1.25-1.75): Normal trend strength - Trend continuation (0.75-1.25): Stable momentum near average - Watch for reversal (0.25-0.75): Weakening momentum - Trend exhaustion (<0.25): Very weak momentum, reversal possible Trading Applications 1. Lifecycle State Trading Enter Long: When state changes to "RALLYING" (strong bullish momentum established) Enter Short: When state changes to "REVERSING" (strong bearish momentum established) Exit/Reduce: When state reaches "OVERBOUGHT" or "OVERSOLD" (extreme levels) Avoid Trading: When state is "RANGING" (low momentum, unreliable signals) 2. Zone-Based Trading Rally Zone (+50 to +150): Look for pullback entries (histogram dips) Rebound Zone (-50 to -150): Look for bounce entries (histogram rises) Extreme Zones (±150+): Prepare for reversal or take profits Ranging Zone (-50 to +50): Wait for breakout confirmation 3. Signal Line Crossovers Bullish Cross: MACD-V crosses above Signal line (momentum shift up) Bearish Cross: MACD-V crosses below Signal line (momentum shift down) Quality Filter: Trust crossovers in Rally/Rebound zones, ignore in Ranging zone 4. Zero Line Crosses Cross Above 0: Transition to bullish regime Cross Below 0: Transition to bearish regime Trend Confirmation: Strong trends keep MACD-V on same side of zero 5. Histogram Extreme Strategy Above +40: Short-term overbought - potential pullback Below -40: Short-term oversold - potential bounce Use with Trend: Buy dips to -40 in uptrend, sell rallies to +40 in downtrend 6. Strength Multiplier Analysis > 1.75: Strong acceleration - powerful momentum, trend continuation highly likely 1.25 to 1.75: Moderate progression - normal healthy trend strength 0.75 to 1.25: Trend continuation - stable momentum near average strength 0.25 to 0.75: Watch for reversal - momentum weakening significantly < 0.25: Trend exhaustion - very weak momentum, reversal possible Comprehensive Alert System Lifecycle State Change Alerts Range Entered (low momentum warning) Rally Started (bullish momentum established) Overbought Reached (extreme bullish level) Overbought Exit (leaving extreme zone) Retracing Started (pullback from overbought) Reversal Started (bearish momentum established) Oversold Reached (extreme bearish level) Oversold Exit (leaving extreme zone) Rebounding Started (recovery from oversold) Alert Builder Integration Binary outputs (1/0) for external alert systems: Individual state flags for each of 7 lifecycle states Strength multiplier value for programmatic trend assessment Settings & Parameters MACD Configuration MACD Fast: Fast EMA period (default: 12) MACD Slow: Slow EMA period (default: 26) Signal Line: Signal smoothing period (default: 9) Source: Price source (default: Close) Zone Boundaries Overbought: Extreme bullish level (default: 150) Oversold: Extreme bearish level (default: -150) Rally: Strong bullish zone entry (default: 50) Rebound: Strong bearish zone entry (default: -50) Histogram Bounds Histogram OB: Short-term overbought (default: 40) Histogram OS: Short-term oversold (default: -40) Trend Filters MA Type: Histogram strength MA calculation method (None / SMA / EMA) Show Elder Impulse Plus: Bar color system based on EMA(13) + histogram direction 200 EMA trend: Trend Filter v1 - Bull/Bear classification (adaptive MACD-V levels) 50/200 EMA 6-stage: Trend Filter v2 - Chuck Dukas Diamond 6-stage market classification Best Practices Trending Markets Focus on "RALLYING" or "REVERSING" states for entries Use histogram pullbacks (±40) for position additions Monitor strength multiplier - exit if drops below 0.25 Take profits in extreme zones (±150+) Yellow MA crossing histogram warns of momentum shift Ranging Markets Avoid trading when state is "RANGING" Wait for clear zone entry (Rally/Rebound zone) Use shorter timeframes for precision Reduce position sizes due to lower reliability Multi-Timeframe Analysis Higher timeframe: Identify market regime (lifecycle state) Lower timeframe: Time precise entries (histogram pullbacks) Alignment: Trade only when both timeframes agree on direction Risk Management Reduce position size in extreme zones (±150+) Use lifecycle state changes for stop-loss placement Scale out of positions when strength multiplier < 0.25 Avoid counter-trend trades in strong states (RALLYING/REVERSING) Watch yellow MA - when it crosses below histogram absolute value, momentum weakening Combining with LBR 3/10-V Indicator MACD-V+ and LBR 3/10-V create a powerful two-timeframe momentum system for strategic direction and tactical timing. Strategic Filter: MACD-V+ determines WHETHER to trade (market regime) Tactical Precision: LBR 3/10-V determines WHEN to enter (timing) Double Confirmation: Both indicators must agree on direction Lifecycle Management: Exit when MACD-V+ state changes Strength Validation: Use MACD-V+ multiplier for position sizing Extreme Respect: Both hitting extremes = high reversal probability Methodology MACD-V methodology is based on volatility normalization using Average True Range (ATR). This approach transforms traditional MACD into a universal momentum indicator with statistically-validated zones and objectively-defined states. The indicator implements: ATR-based normalization for cross-market comparability Statistical analysis for universal zone definitions (±150, ±50) Lifecycle state system for objective trend identification Absolute histogram MA with direction-aware visualization (ATR-length period) Strength multiplier: ratio of current to average absolute momentum (always positive) Dynamic status table adapting to active trend filters MACD-V+ transforms momentum analysis from subjective interpretation into objective, quantifiable measurements. Combined with LBR 3/10-V for tactical timing, it provides a complete framework for systematic trading across all financial markets and timeframes. This indicator is designed for educational and analytical purposes. Past performance does not guarantee future results. Always conduct thorough research and consider consulting with financial professionals before making investment decisions.
Pine Script® indicator
by audrius_exe
1
Uptrick: MACD Slope Buy/Sell SignalsThe "Uptrick: MACD Slope Buy/Sell Signals" indicator is an advanced technical analysis tool meticulously crafted to provide traders with precise buy and sell signals derived from the slope changes of the Moving Average Convergence Divergence (MACD) signal line. This indicator integrates user-defined parameters for the MACD calculation, including the fast length, slow length, and signal smoothing period. These parameters allow traders to customize the indicator according to their specific trading strategies and timeframes, ensuring adaptability across various market conditions. The primary function of this indicator is to monitor the slope of the MACD signal line and detect significant shifts that indicate potential changes in market momentum. The indicator calculates the slope by comparing the current value of the signal line to its previous value, and further determines the change in slope to identify acceleration or deceleration in the trend. A buy signal is generated when the slope of the signal line transitions from negative to positive, signaling an upward momentum, while a sell signal is triggered when the slope moves from positive to negative, indicating a downward trend. To enhance signal accuracy, the indicator distinguishes between regular and strong signals. A strong buy signal requires the slope change to be greater than the simple moving average (SMA) of recent slope changes, whereas a strong sell signal necessitates the slope change to be less than the negative SMA of recent slope changes. A unique feature of this indicator is its dynamic and intuitive visualization. When a strong buy or sell signal is identified, it plots labels ('B' for buy and 'S' for sell) directly on the price chart. These labels are strategically positioned below or above the respective bars to ensure clear visibility and reduce chart clutter. The indicator also includes an option to connect consecutive signals with lines, which enhances the visual tracking of signal sequences and provides a coherent view of the trend's progression. The color intensity of the plotted signals varies based on the absolute value of the slope, offering an immediate visual cue on the strength of the detected trend changes. A steeper slope results in a darker color, signaling a stronger trend. To facilitate comprehensive analysis, the indicator also plots the MACD and signal lines on the chart, providing traders with a reference to the underlying data that drives the buy and sell signals. These lines are color-coded for easy differentiation: the MACD line is typically blue, and the signal line is orange. This visual aid ensures that traders have a clear understanding of the indicator's basis and can cross-reference the generated signals with the MACD behavior. The calculation of this indicator is grounded in well-established technical analysis principles. It employs the MACD function to derive the MACD line and signal line based on the user-defined parameters. The slope of the signal line is then computed, followed by the calculation of the slope change. The buy and sell signals are determined by comparing the current and previous slopes, and the strong signals are filtered through an additional layer of slope change analysis relative to its moving average. The accuracy and reliability of the "Uptrick: MACD Slope Buy/Sell Signals" indicator stem from its thorough and methodical approach to signal generation. By combining user customization, detailed slope analysis, and robust visual elements, this indicator serves as a powerful tool for traders seeking precise entry and exit points in the market. Its ability to adapt to different trading styles and market conditions, coupled with its clear visual cues, makes it a valuable addition to any trader's toolkit, enhancing decision-making and improving trading outcomes.
Pine Script® indicator
by Uptrick
Sk Macd TrendSk Macd Trend + Hidden Bullish MACD Divergence (Enhanced) Original Author: Sujeetjeet1705 Enhanced by: Community Contribution (MACD-style Hidden Bullish Signal) A powerful and widely respected WaveTrend-based oscillator with all the original premium features intact: • Laguerre-smoothed WaveTrend (WT1 & WT2) • Professional 4-color momentum histogram (strong/weak bull & bear) • Filled MACD/Signal area for instant trend bias • Built-in regular + hidden divergences (signal & histogram) • Smart trailing stop system with ATR-based dynamic stops • Clean buy/sell cross signals with overbought/oversold filtering NEW POWERFUL ADDITION: Hidden Bullish MACD-Style Divergence Detector (Exactly like institutional MACD hidden bullish setups) The indicator now highlights — with a bright blue histogram bar and a blue square below the price candle — when ALL three high-probability conditions are met simultaneously: 1. WaveTrend Histogram (wt3) is below zero (still in bearish territory) 2. Histogram is rising (wt3 > wt3 ) → momentum turning up 3. Price makes a higher low (low > low ) → bullish hidden divergence This is one of the strongest early-reversal signals in technical analysis and often marks the exact bottom before explosive bounces. Key Features: • Blue square appears directly on the main chart (overlay) • Histogram turns solid blue only on valid setups (very easy to spot) • No repainting — 100% real-time reliable • Works perfectly on all timeframes and assets • All original features, colors, and logic preserved Perfect for swing traders, reversal hunters, and anyone looking to catch major turns early. Use with confidence — this is now one of the most complete and visually intuitive WaveTrend oscillators available on TradingView. Enjoy the edge!
Pine Script® indicator
by sujeetjeet1705
Boring MACD Trading Strategy - Dedicated to 'The Secret Mindset'This indicator displays the MACD status across three selectable timeframes, regardless of the chart timeframe you are currently viewing. For each timeframe, it shows whether the MACD line is above or below the zero line, indicating bullish or bearish momentum. It also shows whether the MACD line is above or below the signal line, revealing the current trend condition as bullish, bearish, or neutral.
Pine Script® indicator
by BoboSiebenschlaefer
Boring MACD Trading Strategy - Dedicated to 'The Secret Mindset'This indicator displays the MACD status across three selectable timeframes, regardless of the chart timeframe you are currently viewing. For each timeframe, it shows whether the MACD line is above or below the zero line, indicating bullish or bearish momentum. It also shows whether the MACD line is above or below the signal line, revealing the current trend condition as bullish, bearish, or neutral.
Pine Script® indicator
by BoboSiebenschlaefer
1 Parent MACDWhat is Parent MACD ? Parent MACD is standard MACD indicator with one additional parameter of Parent. Parent MACD is designed so that you should be able to see cyclical behavior of current trend without having to switch to higher timeframe. Why You Need This Indicator ? Technical Analysis is defined as Art of Identifying trend in its early stages and riding on that trend until weight of evidence shows or proves the trend has finally reversed. Technical Trading is literally 2 step process, STEP 1 Find Direction of Trend STEP 2 Trade in Direction of Trend The direction of trend is taken from higher timeframe (aka parent timeframe) than your trading timeframe. The parent timeframe is 4,5 or 6 times of your trading timeframe if noise is less, if noise is extreme 6,7 or 8 is used as parent. Default Parent in this indicator is 5 and can be modified according to need of trader . This indicator will tell you that parent timeframe is gaining momentum, if parent is gianing momentum most likely the trading time frame will also gain momentum. How To Use This Indicator STEP 1: Select The Time Frame You Want To Trade STEP 2: Add the indicator on Screen STEP 3:When you see price gaining momentum add a confirmation indicator to take trade. Personally I use Profit Max indicator by KivancOzbilgi to confirm trade. If you are planning to use it too, don't forget to say thank you to KivancOzbilgi at in.tradingview.com Practical Application To Trading The indicator's most practical application is Option Trading and Trading Assets that trade 24 hours a day. It can also be used to trade all kind of Index Options. Indian Index Nifty Indian Financial Index Nifty Bank Dow Jones Industrial Average BTC Index IMPORTANT : The indicator only helps in trading in direction of Trend by identifying is trend regaining momentum after correction, it doesn't help you identify Trend, you have to identify trend. Regards, Nrupen
Pine Script® indicator
by NrupenM
Multi Color Normalized MACD + Candles (NMACD) [cI8DH]One simple indicator for volatility, divergence and relative momentum Features: - Normalized MACD (by slow MA) - Candle MACD (fast MA length is set to 0 in candle mode, i.e. price minus slow MA) - Multi color histogram - Background coloring based on MACD direction - Choice of different MA types (Exponential, Simple, Weighted, Smoothed, Triple EMA) - Triple EMA smoothing Benefits of normalization: - Absolutely better than RSI for comparing across different periods and assets Applications and benefits of candle visualization: - Zero cross: most traders use MAs overlaid on the main chart and look for price distance and MA cross visually. In candle mode, this indicator measures the difference between price and the slow moving MA. When this indicator crosses zero, it means price is crossing the slow moving MA. - Divergence: full candle visualization (OHLC) is not possible for most other indicators. Candle visualization allows measuring divergence between price high, low and close simultaneously. Some trades incorrectly measure divergence between high, low of price against indicator tops and bottoms while having the indicator input set to default (usually close). With this indicator, you don't need to worry about such complexities. Recommended setting: - Enjoy candle mode :) - Source set to hlc3
Pine Script® indicator
by cI8DH
13
Zero Lag MACD Enhanced - Version 1.0*Zero Lag MACD indicator - Enhanced version 1.0* Based on ZeroLag EMA - see Technical Analysis of Stocks and Commodities, April 2000 Original version by user Glaz. Thanks ! (see at the end of this description). Tweaked by Albert Callisto Displayed components: Fast and slow "zero lag" moving averages Histogram showing delta between the two moving averages You can choose between SMA or EMA for the moving averages. They give slightly different results. Glaz had used SMA instead of EMA. Most "zero MACD" scripts are based upon EMA. Usage is similar to the classic MACD and it can be integrated in an existing strategy, you will notice the crossing occurs earlier. This is the original version by Glaz:
Pine Script® indicator
by albert.callisto
2
SMACD - Standardised MACDStandardised MACD - this uses the MACD indicator, but expressed as a percentage of Close price. This allows for the relative comparison between stocks which have different absolute values. MACD will give a high value to a high priced stock, whereas SMACD will represent stock performance in a standardised format, relative to the closing price of the stock. It effect it represents the MACD as a percentage of share price. An added advantage of SMACD over MACD is that since the indicator is relative to the price, later values are not inflated (assuming rising trend). Thus the scale is not linear, rather it more like a log scale, offering a truer picture of growth over time. It is for this reason the SMACD lines may slightly differ from MACD, but it is a more valid representation in my view. The difference is minor. (Developed by Des Bleakley - Melbourne)
Pine Script® indicator
by DesBleakley