Mac z indicator. Below is the source code and wondering if I can get some experts help to convert this to a TOS script. The general idea is that counter-trend component of the Z-score is used to adjust/improve the trend component of the MACD. The document is a Pine Script code for a modified MACD indicator called MACZVWAP, which includes customizable input parameters for MACD and Z-VWAP calculations. Feb 24, 2025 · GoCharting is a modern financial analytics platform offering world-class trading and charting experience. (description from original author: Lazybear). I have also included a way to smooth MACZ-VWAP, you can enable it via options page. May 10, 2022 · Since this uses VWAP , the signals are derived indirectly from both volume and price action. We explain the MACD line, signal line, histogram, crossover strategy, and the zero line to help improve your MACD trading strategy. Note that this will work only on instrument with Volumes. ! Sep 13, 2024 · Learn how the MACD indicator works in this complete guide. Nov 27, 2021 · This is currently in TradingView as "MAC-Z VWAP Indicator". May 11, 2010 · This indicator is a composite of MACD and Z-Score (requested by @ChartAt). . The indicator applies a calculated MAC-Z value, which is derived from a weighted combination of a VWAP Z-score and MACD-style moving averages. It features functions for Laguerre smoothing and Z-VWAP calculation, along with plotting capabilities for the MAC-Z, signal, and histogram. Sep 6, 2024 · The MAC-Z Indicator is an advanced technical analysis tool designed to assess momentum and trend strength using a combination of Z-score and MACD principles. niai dzoc exgi kedpzj mgatbv rludy lintc jqzyrg twrfev cxnl