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WAVELAB MACD

WAVELAB MACD
Overview
WAVELAB MACD is a dynamic technical tool designed to analyze MACD histogram behavior for identifying potential momentum inflection points and structural shifts in price action.
Core Logic
Tracks histogram momentum peaks and valleys to detect changes in acceleration.
Compares recent price and histogram behavior to reveal both classical and hidden divergence structures.
Applies optional trend validation filters using long-term exponential moving averages (EMA) and trend strength evaluation via ADX dynamics.
Features
MACD histogram pivot recognition
Regular and hidden momentum divergence logic
Optional EMA-based directional trend filter
Optional ADX-based trend strength filter
Signal grading system to contextualize the conditions (e.g., strong trend confirmation vs. weaker context)
Use Case
This indicator can support deeper technical analysis by highlighting moments where underlying momentum conditions shift, especially when aligned with trend confirmation filters.
Overview
WAVELAB MACD is a dynamic technical tool designed to analyze MACD histogram behavior for identifying potential momentum inflection points and structural shifts in price action.
Core Logic
Tracks histogram momentum peaks and valleys to detect changes in acceleration.
Compares recent price and histogram behavior to reveal both classical and hidden divergence structures.
Applies optional trend validation filters using long-term exponential moving averages (EMA) and trend strength evaluation via ADX dynamics.
Features
MACD histogram pivot recognition
Regular and hidden momentum divergence logic
Optional EMA-based directional trend filter
Optional ADX-based trend strength filter
Signal grading system to contextualize the conditions (e.g., strong trend confirmation vs. weaker context)
Use Case
This indicator can support deeper technical analysis by highlighting moments where underlying momentum conditions shift, especially when aligned with trend confirmation filters.
受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
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.
受保护脚本
此脚本以闭源形式发布。 However, you can use it freely and without any limitations – learn more here.
免责声明
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.