Macd, Wt Cross & HVP

Macd Wt Cross & HVP – Advanced Multi-Signal Indicator
This script is a custom-designed multi-signal indicator that brings together three proven concepts to provide a complete view of market momentum, reversals, and volatility build-ups. It is built for traders who want to anticipate key market moves, not just react to them.

Why This Combination ?
While each tool has its strengths, their combined use creates powerful signal confluence.
Instead of juggling multiple indicators separately, this script synchronizes three key perspectives into a single, intuitive display—helping you trade with greater clarity and confidence.

1. MACD Histogram – Momentum and Trend Clarity
At the core of the indicator is the MACD histogram, calculated as the difference between two exponential moving averages (EMAs).

Color-coded bars represent momentum direction and intensity:

Green / blue bars: bullish momentum

Red / pink bars: bearish momentum

Color intensity shows acceleration or weakening of trend.

This visual makes it easy to detect trend shifts and momentum divergence at a glance.

2. WT Cross Signals – Early Reversal Detection
Overlaid on the histogram are green and red dots, based on the logic of the WaveTrend oscillator cross:

Green dots = potential bullish cross (buy signal)

Red dots = potential bearish cross (sell signal)

These signals are helpful for identifying reversal points during both trending and ranging phases.

3. Historical Volatility Percentile (HVP) – Volatility Compression Zones
Behind the histogram, purple vertical zones highlight periods of low historical volatility, based on the HVP:

When volatility compresses below a specific threshold, these zones appear.

Such periods are often followed by explosive price moves, making them prime areas for pre-breakout positioning.

By integrating HVP, the script doesn’t just tell you where the trend is—it tells you when the trend is likely to erupt.

How to Use This Script
Use the MACD histogram to confirm the dominant trend and its strength.

Watch for WT Cross dots as potential entry/exit signals in alignment or divergence with the MACD.

Monitor HVP purple zones as warnings of incoming volatility expansions—ideal moments to prepare for breakout trades.

Best results occur when all three elements align, offering a high-probability trade setup.

What Makes This Script Original?
Unlike many mashups, this script was not created by simply merging indicators. Each component was carefully integrated to serve a specific, complementary purpose:

MACD detects directional bias

WT Cross adds precision timing

HVP anticipates volatility-based breakout timing

This results in a strategic tool for traders, useful on multiple timeframes and adaptable to different trading styles (trend-following, breakout, swing).