MACD Zone

The MACD Zone Indicator is a custom technical analysis tool built to visualize market momentum by combining the MACD (Moving Average Convergence Divergence) with dynamic zone levels for enhanced trend interpretation.

🔧 Key Features

1. MACD Histogram & Signal Lines:
Displays a color-coded MACD histogram that highlights bullish and bearish momentum shifts for quick visual analysis.

2. Neutral Zone Logic:

For Nifty and its option charts, the default neutral zone threshold (h2) is set to 5, which can be customized by the user through settings.


For other symbols, h2 is dynamically calculated as price / 2000, adapting automatically to varying price levels.

3. Zone Visualization:
Four horizontal levels (h1, h2, h3, h4) define the bullish, neutral, and bearish zones, helping traders quickly gauge trend strength, potential reversals, and momentum transitions.