OPEN-SOURCE SCRIPT
MACD-V Momentum
The MACD-V (Moving Average Convergence Divergence – Volatility Normalized) is an award-winning momentum indicator created by Alex Spiroglou, CFTe, DipTA (ATAA). It improves on the traditional MACD by normalizing momentum with volatility, solving several well-known limitations of classic indicators:
✅ Time stability – readings are consistent across history
✅ Cross-market comparability – works equally on stocks, crypto, forex, and commodities
✅ Objective momentum framework – universal thresholds at +150 / -150, +50 / -50
✅ Cleaner signals – reduces false signals in ranges and lag in high momentum
By dividing the MACD spread by ATR, the indicator expresses momentum in volatility units, allowing meaningful comparison across timeframes and markets.
MACD-V defines seven objective momentum states:
Risk (Oversold): below -150
Rebounding: -150 to +50 and above signal
Rallying: +50 to +150 and above signal
Risk (Overbought): above +150
Retracing: above -50 and below signal
Reversing: -150 to -50 and below signal
Ranging: between -50 and +50 for N bars
Optional background tints highlight the active regime (Bull above 200-MA, Bear below 200-MA).
Rare extremes (e.g., MACD-V < -100 in a bull regime) are tagged for additional context.
Use Cases
Identify and track momentum lifecycles across any market
Spot rare extremes for potential reversal opportunities
Filter out low-momentum whipsaws in ranging conditions
Compare momentum strength across multiple symbols
Support systematic and rule-based strategy development
✅ Time stability – readings are consistent across history
✅ Cross-market comparability – works equally on stocks, crypto, forex, and commodities
✅ Objective momentum framework – universal thresholds at +150 / -150, +50 / -50
✅ Cleaner signals – reduces false signals in ranges and lag in high momentum
By dividing the MACD spread by ATR, the indicator expresses momentum in volatility units, allowing meaningful comparison across timeframes and markets.
MACD-V defines seven objective momentum states:
Risk (Oversold): below -150
Rebounding: -150 to +50 and above signal
Rallying: +50 to +150 and above signal
Risk (Overbought): above +150
Retracing: above -50 and below signal
Reversing: -150 to -50 and below signal
Ranging: between -50 and +50 for N bars
Optional background tints highlight the active regime (Bull above 200-MA, Bear below 200-MA).
Rare extremes (e.g., MACD-V < -100 in a bull regime) are tagged for additional context.
Use Cases
Identify and track momentum lifecycles across any market
Spot rare extremes for potential reversal opportunities
Filter out low-momentum whipsaws in ranging conditions
Compare momentum strength across multiple symbols
Support systematic and rule-based strategy development
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.