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Nova Capital MACD

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Nova Capital MACD is a momentum oscillator based on the classic MACD calculation, enhanced with a clean 4-state histogram and optional signal labels.

Core calculation:

MACD Line = Fast MA − Slow MA

Signal Line = MA(MACD Line, Signal Length)

Histogram = MACD Line − Signal Line

Features in this version:

4-state histogram coloring (positive/negative + rising/falling) to visualize momentum changes more clearly.

Optional confirmed-bar behavior (signals trigger only on closed bars).

Optional zero-line directional filter:

Long labels only when MACD is below 0.

Short labels only when MACD is above 0.

Built-in alert conditions for Long/Short events.

How to use:

Watch histogram state changes for momentum transitions.

A Long label appears on MACD crossing above the Signal line (optionally below 0).

A Short label appears on MACD crossing below the Signal line (optionally above 0).

Note: This indicator is not a complete trading system. Use risk management and confirm signals with market context.

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.