The MACD-V Histogram is a natural extension of the work done on the the MACD-V.
The MACD-V Histogram is constructed using the following formula.
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
The MACD-V Histogram is available as a standard indicator in StockCharts ACP. To access it: