MACD + Smart 4H ATR
A familiar MACD with a 4-hour ATR dashboard that shows whether volatility is expanding or contracting, plus ATR-based reference levels.
Illustrative graphic only. Not real market data.
OverviewWhat it does
MACD in its own pane with a dashboard reading the last completed 4H ATR: volatility environment and ATR-based reference stop and target levels.
FeaturesWhat is inside
MACD with four-shade histogram
Standard MACD (12 / 26 / 9 by default) with histogram columns that change shade as momentum builds or fades, plus the MACD and signal lines. Choose EMA or SMA for each.
4H volatility environment
Compares the last completed 4H ATR with its 20-period average and labels the environment as expanding, contracting or flat.
Closed 4H candle only
The ATR decision uses the last completed 4H candle, so it does not change before that candle closes.
ATR-based reference levels
Calculates a reference stop (1.5× or 2.0× the 4H ATR) and a reference target at your chosen R multiple (2R by default), with percentage distances, for a long or short scenario.
Manual or live entry
Use the current price as the reference entry or type in your own entry price.
Data Window values
ATR, ATR average, environment flags and reference levels are available in the TradingView Data Window.
On your chartWhat you will see
- MACD histogramFour shades showing direction and whether momentum is rising or falling
- MACD lineDifference between the fast and slow moving averages
- Signal lineSmoothed MACD line
- 4H market dashboardEnvironment, 4H ATR, ATR average, reference entry, stop and target
The reference stop and target are simple ATR calculations for planning and study. They are not recommendations.
PreviewChart screenshot
Where to use itRecommended timeframe and markets
Any market, any chart timeframe
Runs in its own pane below the price chart on any market and timeframe. The ATR reading always comes from the last completed 4-hour candle, whichever timeframe your chart is on.
AlertsBuilt-in TradingView alerts
- MACD histogram crossed above zero
- MACD histogram crossed below zero
- 4H environment changed to expanding (trend-like)
- 4H environment changed to contracting (range-like)
- 4 alert conditions in total
Alerts are created from the TradingView alert dialog. Alert availability depends on your TradingView plan.
CustomiseSettings you can adjust
- MACD source, lengths and MA types
- ATR length and ATR average length
- Stop multiplier (1.5 or 2.0)
- Target R multiple
- Scenario direction and manual entry
- Dashboard size and visibility
Before you subscribeRequirements
- A TradingView account (TradingView is a third-party platform and is not affiliated with Apex Edge).
- Your TradingView username, entered at checkout, so access can be added to your account.
- This indicator is an education and analysis tool. It is general information only, does not place orders and is not personal financial advice. Past performance is not indicative of future results.
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