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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
P Synthetic Conditional Calls
This indicator in Pine Script v6 calculates and plots three lines on a separate pane.
GitHub stars1on the repository
Pine versionv6current
Lines of code16
Settings1inputs
LicenceMIT
Last update5 days ago23 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 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
16 lines of Pine Script v6 from packages/golden/fixtures/parse/v6/P_syn_conditional_calls/source.pine, published under MIT. Keep the author's credit and licence lines when you reuse it.
//@version=6
indicator("P_syn_conditional_calls")
useEma = input.bool(true)
ma = if useEma
ta.ema(close, 10)
else
ta.sma(close, 10)
r = 0.0
if close > open
r := ta.rsi(close, 14)
s = switch
close > open => ta.stdev(close, 10)
=> ta.atr(10)
plot(ma)
plot(r)
plot(s)
Overview
P Synthetic Conditional Calls uses an input to choose between EMA or SMA of close over 10 periods for the main line. The second line applies RSI of close over 14 periods only when close exceeds open. The third line selects standard deviation of close over 10 periods or ATR over 10 periods based on the same condition. The script tests conditional branching and multiple plot calls in v6.
- EMA/SMA selection
- RSI conditional
- Stdev/ATR switch
- Multiple plots pane
- v6 syntax test
Details
Published by
GammaExpansion on GitHub
Type
Indicator, Pine Script v6
Draws
Separate pane below the chart
Category
Moving averages, Oscillators & momentum, 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.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| useEma | bool | true | useEma |
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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