MACDV DASHBOARD

The MACDV DASHBOARD indicator provides a comprehensive visual overview of market volatility, momentum, and price action by consolidating multiple technical metrics into a single on-screen table. It combines volatility-normalized MACD (MACDV) with moving average-based phase analysis to help traders quickly assess market conditions and potential trend shifts.

Usage

The dashboard displays several key data points that can be used to gauge market state:

• Price & MAs: Tracks the previous close and two customizable Moving Averages (MA01 and MA02) to identify trend direction.
• RSI: Displays the Relative Strength Index (default 14) for overbought or oversold context.
• MACDV: Uses the MACD-V (MACD normalized by ATR) to provide a volatility-adjusted momentum reading.
• MACDV Status: Categorizes the market into specific states such as "Rallying," "Retracing," "Ranging," "Rebounding," or "Risk" zones based on the MACDV value relative to its signal line and fixed thresholds.
• Momentum Phases: Implements a 6-phase momentum model (Accumulation, Bullish, Warning, Distribution, Bearish, Recovery) based on the relationship between price, MA1, and MA2.

Details

The core of the tool is the MACDV calculation, which divides the difference between the fast and slow EMA by the Average True Range (ATR). This normalization ensures that momentum readings are comparable across different assets and timeframes regardless of their price volatility.

The momentum phase logic uses a specific hierarchy:

• Accumulation: Price > MAs, but MA1 < MA2.
• Bullish: Price > MAs, and MA1 > MA2.
• Warning/Distribution: Price drops below MAs while MAs are still in a bullish alignment.
• Bearish: Price < MAs, and MA1 < MA2.
• Recovery: Price rises above MA1 while still below MA2.

Settings

Style Settings

• Dashboard Location: Choose where the table appears on the chart (e.g., Top Right, Bottom Left).
• Dashboard Size: Adjust the text size (Tiny, Small, Normal, Large).
• Cell Colors: Customize colors for Up, Down, and Neutral conditions, as well as specific colors for each MACDV status and Momentum phase.
• Cell Transparency: Adjust the background opacity of the table cells.

Columns Settings

• Show [Metric]: Toggle visibility for Close, MA01, MA02, RSI, MACDV, SignalV, Status, and Momentum.

Indicator Parameters

• MA Lengths: Set the periods for the two Moving Averages used for phase analysis.
• MACD Parameters: Configure the Fast, Slow, and Signal lengths for the MACDV calculation.
• ATR: Set the length for the ATR volatility normalization.

FAQ

How do I interpret the MACDV Status?

The status reflects the strength of the volatility-adjusted trend. Values above 50 or below -50 indicate trending behavior (Rallying/Reverting), while values between -50 and 50 suggest a ranging market.

What are the momentum phases?

The phases track the transition of a trend from its early accumulation through its peak bullishness into distribution and eventual bearishness or recovery.

How do I access this tool?

You can get access on the LuxAlgo Library for charting platforms like TradingView, MetaTrader (MT4/MT5), and NinjaTrader for free.