MACD Circles
- Indicators
- Fabrizio Ceci
- Version: 1.0
- Activations: 5
MACD Circles: The Ultimate Visual Momentum Tracker
MACD Circles is a modern, highly optimized indicator designed to strip away the noise and give you a crystal-clear visual representation of market momentum and trend direction. Instead of cluttering your charts with complex histograms and crossing lines, MACD Circles translates advanced momentum data into a sleek, minimalist row of colored dots at the bottom of your screen.
Whether you are a scalper, day trader, or swing trader, knowing the true direction of the momentum is the key to timing your entries and filtering out bad trades.
🌟 Key Features
Sleek & Minimalist Design: Displays a single, clean line of colored circles in a separate window. No chart clutter, just pure, actionable signals.
🟢 Green: Bullish momentum / Uptrend
🔴 Red: Bearish momentum / Downtrend
⚪ Gray: Neutral / Market indecision
Smart Asset Auto-Detection: The indicator automatically detects the type of asset you are trading (Forex, Indices, or Crypto) and instantly applies the most optimal, fine-tuned EMA and SMA settings for that specific market.
Dual Calculation Modes:
Slope Mode: Colors the circles based on the acceleration or deceleration of the momentum (ideal for early entries and exits).
Zero Line Mode: Colors the circles based on the absolute MACD value (ideal for confirming established macro trends).
Built-in Noise Filter (DeadZone): Includes a customizable "Slope DeadZone" parameter to filter out insignificant market noise and prevent false signals during flat markets.
Fully Customizable: Prefer your own settings? Easily override the auto-detection by using the "Custom Settings" profile to input your preferred Fast EMA, Slow EMA, and Signal SMA periods.
⚙️ How to Use It
As a Trend Filter: Only take long (buy) trades when the circles are Green, and only take short (sell) trades when the circles are Red.
As an Entry Trigger: Wait for a color change (e.g., from Red to Green) to enter a new position at the very beginning of a momentum shift.
As an Exit Signal: If you are in a long trade and the circles turn Gray or Red, it indicates a loss of bullish momentum—a perfect time to take profits or tighten your stop loss.
📊 Parameters Overview
Asset Profile: Choose between Auto-Detect, Forex, Indices, Crypto, or Custom.
Applied Price: Select the price data used for calculation (Close price recommended).
Color Mode: Choose between Slope (Momentum acceleration) or Zero Line (Absolute trend).
DeadZone: Adjust the sensitivity to filter out minor fluctuations.
Upgrade your chart today with MACD Circles and never guess the momentum direction again!
⚠️ This is NOT a signal provider or strategy EA.
This is a professional trading utility designed to protect capital and improve execution discipline.
