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MACD-V is a volatility-normalized momentum indicator based on research by Alex Spiroglou. It calculates the standard MACD histogram and normalizes it by dividing by the Average True Range (ATR). Plotted in a separate pane as a colored histogram, it includes us
Indicator · Pine Script v6 · Own pane
Nexural Fisher Pro
Nexural Fisher Pro is an advanced Fisher Transform indicator that plots in a separate pane.
GitHub stars9on the repository
Pine versionv6current
Lines of code301
Settings17inputs
LicenceCustom licence
Last update12 days ago16 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
Nexural Fisher Pro calculates the Fisher transform using a configurable source such as high-low average. It incorporates adaptive period based on dominant cycle, volume-weighted calculations, tanh normalization for bounded output, efficiency ratio for regime detection, and Ehlers super smoother. It provides overbought and oversold levels at 1.5 and -1.5, with options for trend range filtering. The indicator helps identify momentum shifts and market regimes in trading.
- Fisher Transform
- Adaptive Period
- Volume-Weighted
- Tanh Normalization
- Efficiency Ratio
Details
Published by
JasonTeixeira on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Oscillators & momentum, Moving averages, Volatility & bands
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Topics
algorithmic-tradingbacktestingfuturesmcpninjatraderninjatrader8quantitative-financeautomation-engineeringninjascriptplayback
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Base Period | int | 14 | basePeriod |
| Source | source | hl2 | src |
| Adaptive Period (Dominant Cycle) | bool | true | useAdaptive |
| Min Adaptive Period | int | 8 | minPeriod |
| Max Adaptive Period | int | 48 | maxPeriod |
| Volume-Weighted Calculation | bool | true | useVolumeWeight |
| Tanh Normalization (Bounded Output) | bool | true | useTanhNorm |
| Efficiency Ratio Regime Detection | bool | true | useEfficiencyFilter |
| Ehlers Super Smoother | bool | true | useSuperSmoother |
| Smoother Period | int | 3 | smoothPeriod |
| Overbought | float | 1.5 | obLevel |
| Oversold | float | -1.5 | osLevel |
Show all 17 settings
| Setting | Type | Default | Variable |
|---|---|---|---|
| Trend Threshold (ER) | float | 0.4 | erTrendThreshold |
| Range Threshold (ER) | float | 0.2 | erRangeThreshold |
| Info Panel | bool | true | showInfoTable |
| Bullish (Long) | color | #26a69a | bullColor |
| Bearish (Short) | color | #ef5350 | bearColor |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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