MACD Light-Bar Reversal Signals

This custom indicator is designed for traders who like to track MACD momentum shifts at the earliest possible stage — right when the histogram bars switch from solid to light coloring in the default TradingView MACD display. These moments can signal potential momentum exhaustion and possible reversal points before the MACD lines themselves cross.

Key Features:
• 📊 Momentum Shift Detection – Automatically identifies the first bar after a momentum peak (light green) or trough (light red) in the MACD histogram.
• 🎯 Early Visual Signals – Plots up or down triangles on your main price chart exactly at those momentum inflection points.
• ⚙️ Customizable Settings – User-defined MACD parameters to adapt to any market or timeframe.
• 🔔 Built-in Alerts – Receive instant notifications when a light-bar signal appears, so you never miss a potential setup.
• 🖥 Clean Chart Integration – Works alongside your existing MACD or on its own for minimal chart clutter.

How It Works:
• Above Zero Line (Bullish Side): Detects the first lighter-green bar after a darker-green sequence, suggesting upward momentum is slowing and a potential bearish shift may occur.
• Below Zero Line (Bearish Side): Detects the first lighter-red bar after a darker-red sequence, suggesting downward momentum is slowing and a potential bullish shift may occur.

Important Notes:
• This tool is intended for educational and informational purposes only.
• It is not financial advice and does not guarantee future results.
• Always combine with your own analysis, risk management, and trading plan before making decisions.