Oculus Elite MACD Pro

Oculus Elite MACD Pro
Version 1.0 | Pine Script v6

Overview
Oculus Elite MACD Pro is an enhanced Moving Average Convergence Divergence (MACD) indicator designed for clarity and precision. It combines customizable EMA periods, optional histogram smoothing, visual crossover markers, and built-in alerts—all in a dedicated pane for unobstructed analysis.

Key Features

Custom EMA Lengths
Set fast, slow, and signal EMA periods to suit your trading style.

Histogram Smoothing
Optionally smooth the raw MACD histogram for cleaner momentum readings.

Colored Histogram Columns
Positive and negative bars are colored independently to highlight shifts in momentum.

Crossover Markers
Plotup and down triangles at MACD/signal crossovers for quick visual entry cues.

Built-In Alerts
Enable alerts on bullish and bearish crossovers to never miss a signal.

Zero Line Reference
Dotted zero line helps you gauge when momentum shifts above or below neutral.

How to Use

Add to Chart – Apply the script to any chart; it renders in a separate panel.

Configure Inputs – Adjust EMA lengths, choose source, and set histogram smoothing.

Read the Histogram – Look for expanding bars in your direction as momentum strengthens.

Watch for Crossovers – Use plotted shapes or alerts to time entries when the MACD line crosses the signal line.

Combine with Other Analysis – Layer with trend indicators or price action for confirmation.

Inputs

Fast EMA Length: 12

Slow EMA Length: 26

Signal EMA Length: 9

Source: Close (editable)

Histogram Smooth Length: 1 (no smoothing)

MACD Line Color / Signal Line Color / Histogram Positive/Negative Colors

Show Crossover Symbols: On/Off

Enable Alerts: On/Off

Version History

1.0 – Initial release featuring full MACD functionality with visual enhancements and alerts.

Disclaimer
This indicator is provided for educational purposes only. Always backtest with your own parameters and use disciplined risk management before trading live.