OPEN-SOURCE SCRIPT
Dual-Scale MACD
Dual-Scale MACD is a dual-timeframe momentum indicator that displays a scaled short-term MACD together with a long-term MACD in the same pane.
The short-term MACD can be amplified by a configurable scale ratio, allowing its momentum structure to be visually aligned with the long-term MACD.
All EMA parameters are fully configurable, making this indicator suitable for experimentation with multi-cycle momentum resonance.
Features
Two independent MACD systems (short-term + long-term)
Fully configurable EMA parameters
Adjustable scale ratio for visual alignment
Clean histogram + top-layer signal line
Use cases
Multi-cycle momentum comparison
Trend confirmation & divergence analysis
Studying MACD resonance across time scales
This indicator is intended for analytical and educational purposes.
The short-term MACD can be amplified by a configurable scale ratio, allowing its momentum structure to be visually aligned with the long-term MACD.
All EMA parameters are fully configurable, making this indicator suitable for experimentation with multi-cycle momentum resonance.
Features
Two independent MACD systems (short-term + long-term)
Fully configurable EMA parameters
Adjustable scale ratio for visual alignment
Clean histogram + top-layer signal line
Use cases
Multi-cycle momentum comparison
Trend confirmation & divergence analysis
Studying MACD resonance across time scales
This indicator is intended for analytical and educational purposes.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.