Free TradingView Indicator by AlgoAlpha — Momentum & Oscillators
This script is an advanced rework of the classic MACD indicator, designed to be more adaptive, visually informative, and customizable. It enhances the original MACD formula using a dynamic feedback loop and a correlation-based weighting system that adjusts in real-time based on how deterministic recent price action is. The signal line is flexible, offering several smoothing types including Heiken Ashi, while the histogram is color-coded with gradients to help users visually identify momentum shifts. It also includes optional normalization by volatility, allowing MACD values to be interpreted as relative percentage moves, making the indicator more consistent across different assets and timeframes.



Explore other momentum & oscillators TradingView indicators by AlgoAlpha.
Free on TradingView
Adaptive MACD Deluxe is free to use on TradingView. Add it to any chart in seconds.