====== MACD-V Histogram ======

The MACD-V Histogram is a natural extension of the work done on the [[technical_indicators:macd-v|the MACD-V]]. 

The MACD-V Histogram is constructed using the following formula.

<code>

MACD-V = [(12-period EMA – 26-period EMA)/ATR (26)] * 100
Signal line = 9-period EMA of MACD-V
Histogram = MACD-V – Signal Line
where
EMA = exponential moving average

</code>

  - **RISK.** The market is considered to be in short-term risk (oversold) when the MACD-V Histogram is < -40
  - **RISK.** The market is considered to be in short-term risk (overbought) when the MACD-V Histogram is > 40 

===== Using MACD-V Histogram in StockCharts ACP =====
The MACD-V Histogram is available as a standard indicator in StockCharts ACP.
To access it:

  - Select Chart Settings
  - Scroll down the list of Standard Indicators and select MACD-V Histogram
  - You can change the MACD-V Histogram parameters by selecting the settings icon next to the indicator name.

{{:technical_indicators:macd_v_histogram.jpg|MACD-V Histogram applied to SPY in StockChartsACP}}